Land-based overseas Filipino workers (OFWs) remittances accounted for the highest share of the total remittances sent to the Philippines. In 2023, remittances of land-based OFWs reached approximately 26.64 billion U.S. dollars. In comparison, sea-based OFWs sent 6.85 billion U.S. dollars in cash remittances.
Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023, by area of deployment
(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, by area of deployment (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1243831/remittance-overseas-filipino-workers-by-deployment-area/
BSP. "Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023, by area of deployment (in billion U.S. dollars)." Chart. April 15, 2024. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1243831/remittance-overseas-filipino-workers-by-deployment-area/
BSP. (2024). Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023, by area of deployment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1243831/remittance-overseas-filipino-workers-by-deployment-area/
BSP. "Total Value of Cash Remittances Sent by Overseas Filipino Workers (Ofw) to The Philippines from 2012 to 2023, by Area of Deployment (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/statistics/1243831/remittance-overseas-filipino-workers-by-deployment-area/
BSP, Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023, by area of deployment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1243831/remittance-overseas-filipino-workers-by-deployment-area/ (last visited December 18, 2024)
Total value of cash remittances sent by overseas Filipino workers (OFW) to the Philippines from 2012 to 2023, by area of deployment (in billion U.S. dollars) [Graph], BSP, April 15, 2024. [Online]. Available: https://www.statista.com/statistics/1243831/remittance-overseas-filipino-workers-by-deployment-area/