Personal remittances, received in Philippines
Philippines: Personal remittances, received was 8.5% in 2025. ◆ Volatile
Personal remittances, received in Philippines, 1977–2025
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2025, personal remittances, received in Philippines stood at 8.5%.
Compared with earlier readings it is down 2.2% on the previous year and down 12.3% over ten years.
Over the whole period, personal remittances, received in Philippines peaked at 12.8% in 2005 and was at its lowest, 1.5%, in 1977.
That places Philippines 37th out of 195 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Philippines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 1.5% | — |
| 1978 | 1.7% | +13.8% |
| 1979 | 1.8% | +2.9% |
| 1980 | 1.7% | -4.6% |
| 1981 | 2.0% | +16.3% |
| 1982 | 2.5% | +25.8% |
| 1983 | 3.0% | +19.8% |
| 1984 | 2.0% | -32.5% |
| 1985 | 2.3% | +14.7% |
| 1986 | 2.5% | +9.9% |
| 1987 | 2.7% | +6.5% |
| 1988 | 2.9% | +8.4% |
| 1989 | 2.8% | -4.0% |
| 1990 | 2.9% | +3.3% |
| 1991 | 3.6% | +23.2% |
| 1992 | 4.2% | +17.6% |
| 1993 | 4.2% | -0.7% |
| 1994 | 4.7% | +13.1% |
| 1995 | 6.3% | +34.2% |
| 1996 | 5.2% | -18.7% |
| 1997 | 7.2% | +40.3% |
| 1998 | 6.9% | -4.7% |
| 1999 | 7.8% | +13.5% |
| 2000 | 8.3% | +5.9% |
| 2001 | 11.1% | +34.1% |
| 2002 | 11.5% | +4.0% |
| 2003 | 11.8% | +1.9% |
| 2004 | 12.1% | +2.6% |
| 2005 | 12.8% | +5.9% |
| 2006 | 12.1% | -5.0% |
| 2007 | 10.5% | -13.2% |
| 2008 | 10.4% | -1.5% |
| 2009 | 11.3% | +9.3% |
| 2010 | 10.3% | -8.8% |
| 2011 | 9.8% | -4.9% |
| 2012 | 9.4% | -4.5% |
| 2013 | 9.4% | +0.2% |
| 2014 | 9.6% | +2.5% |
| 2015 | 9.7% | +0.8% |
| 2016 | 9.8% | +0.5% |
| 2017 | 10.0% | +2.2% |
| 2018 | 9.7% | -2.4% |
| 2019 | 9.3% | -4.3% |
| 2020 | 9.6% | +3.3% |
| 2021 | 9.3% | -3.5% |
| 2022 | 9.4% | +1.1% |
| 2023 | 8.9% | -4.9% |
| 2024 | 8.7% | -2.5% |
| 2025 | 8.5% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 1.5% | 1.8% | 3 |
| 1980s | 2.4% | 1.7% | 3.0% | 10 |
| 1990s | 5.3% | 2.9% | 7.8% | 10 |
| 2000s | 11.2% | 8.3% | 12.8% | 10 |
| 2010s | 9.7% | 9.3% | 10.3% | 10 |
| 2020s | 9.1% | 8.5% | 9.6% | 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)
- Industry (including construction), value added (constant 2015 US$) 1.71 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.281 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,172 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 1.71 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 13.52 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 56,374 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 7.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6442 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is personal remittances, received in Philippines?
- Personal remittances, received in Philippines was 8.5% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Philippines?
- The highest recorded value was 12.8% in 2005.
- What is the lowest personal remittances, received recorded in Philippines?
- The lowest recorded value was 1.5% in 1977.
- How does Philippines rank for personal remittances, received?
- Philippines ranks 37th out of 195 countries with data for 2025.
- Is personal remittances, received rising or falling in Philippines?
- Over the last ten years it is down 12.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.