Remittances in Philippines increased to 2849065.80 USD Thousand in December from 2326000 USD Thousand in November of 2018. Remittances in Philippines averaged 1008256.48 USD Thousand from 1989 until 2018, reaching an all time high of 2849065.80 USD Thousand in December of 2018 and a record low of 64208 USD Thousand in February of 1989.

Remittances in Philippines is expected to be 2520000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Philippines to stand at 2730000.00 in 12 months time. In the long-term, the Philippines Remittances is projected to trend around 2900000.00 USD Thousand in 2020, according to our econometric models.

Philippines Remittances
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Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -3752000.00 -3901000.00 1144700.00 -4080961.80 USD Thousand [+]
Current Account -1254.49 -1035.06 1810.97 -1455.03 USD Million [+]
Current Account to GDP -0.80 -0.40 5.80 -7.70 percent [+]
Imports 8473220.00 9469396.52 10320011.78 37084.30 USD Thousand [+]
Exports 4720880.00 5568794.00 6239050.00 23000.00 USD Thousand [+]
External Debt 73097.87 76621.97 79949.42 20893.00 USD Million [+]
Capital Flows 2.07 -5.93 93.66 -35.31 USD Million [+]
Remittances 2849065.80 2326000.00 2849065.80 64208.00 USD Thousand [+]
Tourist Arrivals 687726.00 559057.00 732506.00 63628.00 [+]
Gold Reserves 197.90 197.90 274.42 126.89 Tonnes [+]
Terrorism Index 7.18 7.13 7.27 5.78 [+]
Foreign Direct Investment 531.00 491.00 2256.00 -396.00 USD Million [+]
Crude Oil Production 13.00 13.00 38.00 1.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Philippines Remittances

In the Philippines, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Philippines Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Remittances - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2849065.80 2326000.00 2849065.80 64208.00 1989 - 2018 USD Thousand Monthly
Current Prices, NSA




Country Last Previous
Brazil 201.90 Nov/18
France 43.00 Nov/18
Germany -1286.00 Dec/18
India 14468.42 Sep/18
Indonesia 2711.00 Sep/18
Italy 148.20 Sep/18
Mexico 8776.40 Dec/18
Netherlands 38.10 Jun/18
Russia 309.00 Sep/18
Saudi Arabia 29872.00 Sep/18
Spain 2552.00 Sep/18
Turkey 24.00 Dec/18


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