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TABLE 1

Overseas Filipinos' (OF) Remittances


for the periods indicated

Levels (in Million US Dollars) Growth Rates Year-on-Year (%)


Personal Remittances Cash Remittances* Personal Remittances Cash Remittances
Monthly Cumulative Monthly Cumulative Monthly Cumulative Monthly Cumulative

2015 Jan 2,134 2,134 1,927 1,927 2.9 2.9 3.3 3.3
Feb 2,143 4,277 1,936 3,863 7.7 5.3 8.1 5.7
Mar 2,644 6,920 2,394 6,257 15.7 9.0 16.1 9.4
Apr 2,292 9,212 2,070 8,327 3.5 7.6 3.6 7.9
May 2,287 11,500 2,068 10,395 5.3 7.1 5.5 7.4
Jun 2,458 13,958 2,227 12,622 10.5 7.7 10.9 8.0
Jul 2,490 16,447 2,253 14,874 5.9 7.4 6.0 7.7
Aug 2,205 18,653 1,994 16,868 (0.8) 6.4 (0.6) 6.6
Sep 2,469 21,122 2,234 19,103 1.3 5.8 1.3 6.0
Oct 2,392 23,514 2,164 21,266 (4.1) 4.7 (4.2) 4.9
Nov 2,068 25,582 1,871 23,137 (6.2) 3.7 (6.2) 3.9
Dec 2,726 28,308 2,470 25,607 4.9 3.8 4.9 4.0

2016 Jan 2,208 2,208 1,997 1,997 3.4 3.4 3.6 3.6
Feb 2,320 4,528 2,098 4,095 8.3 5.9 8.4 6.0
Mar 2,606 7,134 2,362 6,457 (1.4) 3.1 (1.4) 3.2
Apr 2,443 9,577 2,213 8,670 6.6 4.0 6.9 4.1
May 2,416 11,993 2,188 10,859 5.7 4.3 5.8 4.5
Jun 2,575 14,569 2,334 13,192 4.8 4.4 4.8 4.5
Jul 2,355 16,923 2,131 15,323 (5.4) 2.9 (5.4) 3.0
Aug 2,559 19,482 2,319 17,642 16.0 4.4 16.3 4.6
Sep 2,626 22,108 2,383 20,025 6.3 4.7 6.7 4.8
Oct 2,326 24,434 2,099 22,124 (2.8) 3.9 (3.0) 4.0
Nov 2,448 26,883 2,217 24,341 18.4 5.1 18.5 5.2
Dec 2,823 29,706 2,559 26,900 3.6 4.9 3.6 5.0

2017 Jan 2,396 2,396 2,169 2,169 8.5 8.5 8.6 8.6
Feb 2,397 4,794 2,169 4,338 3.3 5.9 3.4 5.9
Mar 2,915 7,709 2,615 6,953 11.8 8.1 10.7 7.7
Apr 2,317 10,026 2,083 9,036 (5.2) 4.7 (5.9) 4.2
May 2,588 12,613 2,310 11,346 7.1 5.2 5.5 4.5
Jun 2,751 15,364 2,467 13,813 6.8 5.5 5.7 4.7
Jul 2,559 17,923 2,283 16,095 8.7 5.9 7.1 5.0
Aug 2,800 20,723 2,499 18,595 9.4 6.4 7.8 5.4
Sep 2,442 23,164 2,186 20,781 (7.0) 4.8 (8.3) 3.8
Oct 2,552 25,717 2,275 23,056 9.7 5.2 8.4 4.2
Nov 2,526 28,242 2,262 25,318 3.2 5.1 2.0 4.0
Dec 3,046 31,288 2,741 28,060 7.9 5.3 7.1 4.3

2018 Jan 2,655 2,655 2,379 2,379 10.8 10.8 9.7 9.7
Feb 2,528 5,182 2,267 4,647 5.4 8.1 4.5 7.1
Mar 2,627 7,809 2,360 7,006 (9.9) 1.3 (9.8) 0.8
Apr 2,616 10,426 2,347 9,353 12.9 4.0 12.7 3.5
May 2,746 13,172 2,469 11,822 6.1 4.4 6.9 4.2
Jun 2,615 15,787 2,357 14,179 (4.9) 2.8 (4.5) 2.7
Jul 2,675 18,462 2,401 16,580 4.5 3.0 5.2 3.0
Aug 2,760 21,223 2,476 19,057 (1.4) 2.4 (0.9) 2.5
Sep 2,490 23,713 2,237 21,294 2.0 2.4 2.3 2.5
Oct 2,757 26,470 2,474 23,768 8.0 2.9 8.7 3.1
Nov 2,586 29,057### 2,326 26,094 2.4 2.9 2.8 3.1
Dec 3,157 32,213 2,849 28,943 3.6 3.0 3.9 3.1

2019 p Jan 2,745 2,745 2,484 2,484 3.4 3.4 4.4 4.4
Feb 2,557 5,302 2,301 4,784 1.2 2.3 1.5 3.0
Mar 2,796 8,098 2,514 7,299 6.4 3.7 6.6 4.2
Apr 2,713 10,811 2,441 9,739 3.7 3.7 4.0 4.1
May 2,896 13,707 2,609 12,349 5.5 4.1 5.7 4.5
Jun 2,545 16,252 2,290 14,638 (2.7) 2.9 (2.9) 3.2
Jul 2,867 19,119 2,581 17,219 7.2 3.6 7.5 3.9
Aug 2,875 21,995 2,589 19,808 4.2 3.6 4.6 3.9
Sep 2,648 24,643 2,379 22,187 6.3 3.9 6.3 4.2
Oct 2,969 27,612 2,671 24,858 7.7 4.3 8.0 4.6
Nov 2,639 30,252 2,372 27,231 2.0 4.1 2.0 4.4
Dec 3,216 33,467 2,902 30,133 1.9 3.9 1.9 4.1

2020 p Jan 2,944 2,944 2,648 2,648 7.3 7.3 6.6 6.6
Feb 2,623 5,566 2,358 5,006 2.6 5.0 2.5 4.6
Mar 2,652 8,218 2,397 7,403 (5.2) 1.5 (4.7) 1.4
Apr 2,276 10,494 2,046 9,448 (16.1) (2.9) (16.2) (3.0)

p
Preliminary
* Remittances coursed through banks by land-based and sea-based workers
Details may not add up to total due to rounding.

Note: Personal remittances is computed as the sum of net compensation of employees (i.e., gross earnings of overseas Filipino (OF) workers
with work contracts of less than one year, including all sea-based workers, less taxes, social contributions, and transportation and travel
expenditures in their host countries), personal transfers (i.e., all current transfers in cash or in kind by OF workers with work contracts of one
year or more as well as other household-to-household transfers between Filipinos who have migrated abroad and their families in the Philippines)
and capital transfers between households (i.e., the provision of resources for capital formation purposes, such as for construction of residential
houses, between resident and non-resident households without anything of economic value being supplied in return).

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