Filipino Remittances Reach $2.79 Billion in February 2026

Apr 15, 2026

53 min

Apr 15, 2026 10:30

Filipino remittances rise year-on-year to $2.79b in February 2026, slow after January spike

## February Remittance Growth

In February 2026, remittances from overseas Filipinos amounted to $2.79 billion. This figure shows an increase compared to the same month in the previous year, although it represents a decrease from January's $3.02 billion.

## Year-to-Date Increase

For the first two months of 2026, cash remittances totaled $5.81 billion, marking a 3.1% rise from the $5.63 billion recorded during the same period last year. Personal remittances, which include various forms of transfers, reached $3.10 billion in February, contributing to a total of $6.46 billion for January and February combined.

## Key Remittance Sources

The United States remains the largest source of remittances to the Philippines, followed by Singapore, Saudi Arabia, Japan, the UK, and the UAE. Filipino expatriates in the UAE continue to prioritize sending money home to support their families.

## Economic Stability

The Bangko Sentral ng Pilipinas emphasizes the importance of remittances in maintaining the country's economic stability. Despite geopolitical uncertainties, particularly in the Middle East, there are no signs of significant repatriation or deployment bans affecting overseas Filipino workers.

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