Personal remittances, paid (current US$) (IMF balance) in Philippines
Philippines: Personal remittances, paid (current US$) (IMF balance) was 293.41 million current US$ in 2025. ◆ Volatile
Personal remittances, paid in Philippines, 1977–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Philippines recorded 293.41 million current US$ for personal remittances, paid in 2025.
The figure is up 9.1% on the previous year and up 91.4% over ten years.
Over the whole period, personal remittances, paid in Philippines peaked at 310.83 million current US$ in 2023 and was at its lowest, 1.00 million current US$, in 1984.
Philippines ranks 98th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$) (IMF balance) in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 7.00 million current US$ | — |
| 1978 | 5.00 million current US$ | -28.6% |
| 1979 | 9.00 million current US$ | +80.0% |
| 1980 | 12.00 million current US$ | +33.3% |
| 1981 | 11.00 million current US$ | -8.3% |
| 1982 | 9.00 million current US$ | -18.2% |
| 1983 | 8.00 million current US$ | -11.1% |
| 1984 | 1.00 million current US$ | -87.5% |
| 1985 | 1.00 million current US$ | +0.0% |
| 1986 | 6.00 million current US$ | +500.0% |
| 1987 | 3.00 million current US$ | -50.0% |
| 1988 | 10.00 million current US$ | +233.3% |
| 1989 | 4.00 million current US$ | -60.0% |
| 1990 | 5.00 million current US$ | +25.0% |
| 1991 | 9.00 million current US$ | +80.0% |
| 1992 | 8.00 million current US$ | -11.1% |
| 1993 | 45.00 million current US$ | +462.5% |
| 1994 | 89.00 million current US$ | +97.8% |
| 1995 | 151.00 million current US$ | +69.7% |
| 1996 | 57.00 million current US$ | -62.3% |
| 1999 | 25.00 million current US$ | -56.1% |
| 2000 | 21.00 million current US$ | -16.0% |
| 2001 | 24.00 million current US$ | +14.3% |
| 2002 | 21.00 million current US$ | -12.5% |
| 2003 | 18.00 million current US$ | -14.3% |
| 2004 | 17.00 million current US$ | -5.6% |
| 2005 | 195.38 million current US$ | +1049.3% |
| 2006 | 63.29 million current US$ | -67.6% |
| 2007 | 65.94 million current US$ | +4.2% |
| 2008 | 116.94 million current US$ | +77.4% |
| 2009 | 93.79 million current US$ | -19.8% |
| 2010 | 109.14 million current US$ | +16.4% |
| 2011 | 134.77 million current US$ | +23.5% |
| 2012 | 152.36 million current US$ | +13.1% |
| 2013 | 210.26 million current US$ | +38.0% |
| 2014 | 182.98 million current US$ | -13.0% |
| 2015 | 153.32 million current US$ | -16.2% |
| 2016 | 196.07 million current US$ | +27.9% |
| 2017 | 246.21 million current US$ | +25.6% |
| 2018 | 258.52 million current US$ | +5.0% |
| 2019 | 225.72 million current US$ | -12.7% |
| 2020 | 211.19 million current US$ | -6.4% |
| 2021 | 255.92 million current US$ | +21.2% |
| 2022 | 297.66 million current US$ | +16.3% |
| 2023 | 310.83 million current US$ | +4.4% |
| 2024 | 268.88 million current US$ | -13.5% |
| 2025 | 293.41 million current US$ | +9.1% |
Philippines compared with similar countries
- Philippines's 293.41 million current US$ is above the median for upper middle income countries, which is 292.49 million current US$, 1.0× the median. (54 countries reporting)
- Philippines's 293.41 million current US$ is above the median for East Asia & Pacific, which is 159.67 million current US$, 1.8× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$) (IMF balance) in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +1049.3% | 17.00 million current US$ | 195.38 million current US$ |
| 1986 | +500.0% | 1.00 million current US$ | 6.00 million current US$ |
| 1993 | +462.5% | 8.00 million current US$ | 45.00 million current US$ |
| 1988 | +233.3% | 3.00 million current US$ | 10.00 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.00 million current US$ | 5.00 million current US$ | 9.00 million current US$ | 3 |
| 1980s | 6.50 million current US$ | 1.00 million current US$ | 12.00 million current US$ | 10 |
| 1990s | 48.62 million current US$ | 5.00 million current US$ | 151.00 million current US$ | 8 |
| 2000s | 63.63 million current US$ | 17.00 million current US$ | 195.38 million current US$ | 10 |
| 2010s | 186.94 million current US$ | 109.14 million current US$ | 258.52 million current US$ | 10 |
| 2020s | 272.98 million current US$ | 211.19 million current US$ | 310.83 million current US$ | 6 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Real gdp growth, annual growth rate -22.65 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid in Philippines?
- Personal remittances, paid in Philippines was 293.41 million current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Philippines?
- The highest recorded value was 310.83 million current US$ in 2023.
- What is the lowest personal remittances, paid recorded in Philippines?
- The lowest recorded value was 1.00 million current US$ in 1984.
- How does Philippines rank for personal remittances, paid?
- Philippines ranks 98th out of 196 countries with data for 2025.
- Is personal remittances, paid rising or falling in Philippines?
- Over the last ten years it is up 91.4%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.