Average remittance costs of sending $200 to a receiving country as a in Philippines
Philippines: Average remittance costs of sending $200 to a receiving country as a was 4.5% in 2025. ▼ Falling
Latest (2025)
4.5%
Change on year
up 7.3%
World rank
82nd
of 110 countries
All-time high
6.2%
in 2015
All-time low
3.9%
in 2023
Years of data
11
2011–2025
Average remittance costs of sending $200 to a receiving country as a in Philippines, 2011–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2025, average remittance costs of sending $200 to a receiving country as a in Philippines stood at 4.5%.
Compared with earlier readings it is up 7.3% on the previous year and down 27.5% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Philippines peaked at 6.2% in 2015 and was at its lowest, 3.9%, in 2023.
Philippines ranks 82nd of 110 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Average remittance costs of sending $200 to a receiving country as a in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 6.2% | — |
| 2015 | 6.2% | +1.5% |
| 2017 | 5.5% | -12.6% |
| 2018 | 5.1% | -7.1% |
| 2019 | 5.0% | -2.4% |
| 2020 | 4.6% | -7.7% |
| 2021 | 4.1% | -9.8% |
| 2022 | 4.1% | +0.5% |
| 2023 | 3.9% | -5.6% |
| 2024 | 4.2% | +7.9% |
| 2025 | 4.5% | +7.3% |
Philippines compared with similar countries
- Philippines's 4.5% is below the median for upper middle income countries, which is 5.5%, 82% of the median. (39 countries reporting)
- Philippines's 4.5% is below the median for East Asia & Pacific, which is 6.4%, 70% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.6% | 5.0% | 6.2% | 5 |
| 2020s | 4.2% | 3.9% | 4.6% | 6 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Philippines?
- Average remittance costs of sending $200 to a receiving country as a in Philippines was 4.5% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average remittance costs of sending $200 to a receiving country as a recorded in Philippines?
- The highest recorded value was 6.2% in 2015.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Philippines?
- The lowest recorded value was 3.9% in 2023.
- How does Philippines rank for average remittance costs of sending $200 to a receiving country as a?
- Philippines ranks 82nd out of 110 countries with data for 2025.
- Is average remittance costs of sending $200 to a receiving country as a rising or falling in Philippines?
- Over the last ten years it is down 27.5%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average remittance costs of sending $200 to a receiving country as a proportion of the amount remitted (%). Statizoid updates them automatically from the source API.
Download this data
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