According to a survey on consumer expectations in the fourth quarter of 2023, about 96 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 2023
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BSP. (December 13, 2023). Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2023 [Graph]. In Statista. Retrieved December 30, 2024, 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 2023." Chart. December 13, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/
BSP. (2023). Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2023. Statista. Statista Inc.. Accessed: December 30, 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 2023." Statista, Statista Inc., 13 Dec 2023, 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 2023 Statista, https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/ (last visited December 30, 2024)
Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2023 [Graph], BSP, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/
