Remittances in Philippines

Philippines: Remittances was 8.53 in 2025. ◆ Volatile

Latest (2025)
8.53
Change on year
down 2.2%
World rank
36th
of 194 countries
All-time high
12.78
in 2005
All-time low
1.52
in 1977
Years of data
49
1977–2025

Remittances in Philippines, 1977–2025

2.557.51012.5197720012025

Source: Our World in Data.

Analysis

The most recent figure for remittances in Philippines is 8.53, measured in 2025.

That represents a change of down 2.2% on the previous year and down 12.3% over ten years.

Over the whole period, remittances in Philippines peaked at 12.78 in 2005 and was at its lowest, 1.52, in 1977.

That places Philippines 36th out of 194 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances in Philippines, year by year

Annual values for Remittances in Philippines, 1977 to 2025.
Year Value Change
1977 1.52 —
1978 1.73 +13.8%
1979 1.78 +2.9%
1980 1.7 -4.6%
1981 1.98 +16.3%
1982 2.49 +25.8%
1983 2.98 +19.8%
1984 2.01 -32.5%
1985 2.31 +14.7%
1986 2.53 +9.9%
1987 2.7 +6.5%
1988 2.92 +8.4%
1989 2.81 -4.0%
1990 2.9 +3.3%
1991 3.57 +23.2%
1992 4.2 +17.6%
1993 4.17 -0.7%
1994 4.72 +13.1%
1995 6.33 +34.2%
1996 5.15 -18.7%
1997 7.22 +40.3%
1998 6.89 -4.7%
1999 7.82 +13.5%
2000 8.28 +5.9%
2001 11.1 +34.1%
2002 11.55 +4.0%
2003 11.76 +1.9%
2004 12.07 +2.6%
2005 12.78 +5.9%
2006 12.14 -5.0%
2007 10.54 -13.2%
2008 10.38 -1.5%
2009 11.34 +9.3%
2010 10.35 -8.8%
2011 9.84 -4.9%
2012 9.4 -4.5%
2013 9.41 +0.2%
2014 9.64 +2.5%
2015 9.72 +0.8%
2016 9.77 +0.5%
2017 9.99 +2.2%
2018 9.75 -2.4%
2019 9.33 -4.3%
2020 9.64 +3.3%
2021 9.31 -3.5%
2022 9.41 +1.1%
2023 8.95 -4.9%
2024 8.72 -2.5%
2025 8.53 -2.2%

Philippines compared with similar countries

  • Philippines's 8.53 is above the median for upper middle income countries, which is 3.62, 2.4× the median. (56 countries reporting)
  • Philippines's 8.53 is above the median for East Asia & Pacific, which is 3.4, 2.5× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.68 1.52 1.78 3
1980s 2.44 1.7 2.98 10
1990s 5.3 2.9 7.82 10
2000s 11.19 8.28 12.78 10
2010s 9.72 9.33 10.35 10
2020s 9.09 8.53 9.64 6

Countries ranked near Philippines

  1. 33 Sao Tome and Principe 9.71 compare
  2. 34 Moldova 9.41 compare
  3. 35 Togo 8.69 compare
  4. 37 Zimbabwe 8.45 compare
  5. 38 Albania 8.39 compare
  6. 39 Burundi 8.12 compare

See the full ranking of 194 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is remittances in Philippines?
Remittances in Philippines was 8.53 in 2025, according to Our World in Data.
What is the highest remittances recorded in Philippines?
The highest recorded value was 12.78 in 2005.
What is the lowest remittances recorded in Philippines?
The lowest recorded value was 1.52 in 1977.
How does Philippines rank for remittances?
Philippines ranks 36th out of 194 countries with data for 2025.
Is remittances rising or falling in Philippines?
Over the last ten years it is down 12.3%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Philippines. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/philippines/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed