Philippine Remittances Reach Record $35.63 Billion in 2025

Feb 17, 2026

57 min

Feb 17, 2026 08:32

Philippine remittances hit record $35.63b in 2025

## Record-Breaking Remittances

In 2025, money sent home by overseas Filipino workers (OFWs) hit a record $35.63 billion, marking a 3.3% increase from the previous year. December alone saw inflows of $3.52 billion, the highest monthly figure, as Filipinos abroad sent extra funds for the holiday season.

## Economic Impact

These remittances accounted for 7.3% of the Philippines' GDP and 6.4% of its gross national income, highlighting their crucial role in the country's economy. For many Filipino families, remittances are essential for covering daily expenses and other financial needs.

## Major Sources of Remittances

The United States remained the top source of remittances, followed by Singapore and Saudi Arabia. The UAE also contributed significantly, reflecting the large Filipino workforce in the region.

## Personal Remittances

Personal remittances, which include money sent through various channels and goods sent home, also reached new heights. They totaled $39.62 billion for the year, up 3.3% from 2024.

## Significance for Filipino Families

For many households in the Philippines, remittances from relatives working abroad are a primary source of income, underscoring the importance of OFWs in supporting both their families and the national economy.

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