According to the preliminary figures reported for 2023, the value of cash remittances sent to the Philippines by overseas workers reached approximately 33.5 billion U.S. dollars. Most of these remittances came from land-based overseas Filipino workers (OFWs).
Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023
(in billion U.S. dollars)
Characteristic
Cash remittances in billion U.S. dollars
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BSP. (April 15, 2024). Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1242750/remittance-overseas-filipino-workers-to-philippines/
BSP. "Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023 (in billion U.S. dollars)." Chart. April 15, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1242750/remittance-overseas-filipino-workers-to-philippines/
BSP. (2024). Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1242750/remittance-overseas-filipino-workers-to-philippines/
BSP. "Total Value of Cash Remittances Sent by Overseas Filipino Workers (Ofw) to The Philippines from 2012 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/statistics/1242750/remittance-overseas-filipino-workers-to-philippines/
BSP, Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1242750/remittance-overseas-filipino-workers-to-philippines/ (last visited July 22, 2024)
Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023 (in billion U.S. dollars) [Graph], BSP, April 15, 2024. [Online]. Available: https://www.statista.com/statistics/1242750/remittance-overseas-filipino-workers-to-philippines/