According to a survey on consumer expectations in the fourth quarter of 2024, 95.2 percent of remittances received by Filipino households with overseas Filipino worker (OFW) were spent on food and other household needs. Among the other popular uses of remittances were for education, medical expenses, and savings.
Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2024
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BSP. (December 10, 2024). Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2024 [Graph]. In Statista. Retrieved January 30, 2025, from https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/
BSP. "Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2024." Chart. December 10, 2024. Statista. Accessed January 30, 2025. https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/
BSP. (2024). Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2024. Statista. Statista Inc.. Accessed: January 30, 2025. https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/
BSP. "Most Popular Purposes of Remittances among Overseas Filipino Worker (Ofw) Households in The Philippines during 4th Quarter 2024." Statista, Statista Inc., 10 Dec 2024, https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/
BSP, Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2024 Statista, https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/ (last visited January 30, 2025)
Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2024 [Graph], BSP, December 10, 2024. [Online]. Available: https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/