Workers' remittances paid reached 226 USD mil in 2019 in Philippines, according to the National Statistical Office. This is 12.7 % less than in the previous year.
Historically, workers' remittances paid in Philippines reached an all time high of 259 USD mil in 2018 and an all time low of 1.00 USD mil in 1984. When compared to Philippines's main peers, workers' remittances paid in China amounted to 15,135 USD mil and 5,071 USD mil in Indonesia in 2019.
Philippines has been ranked 87th within the group of 123 countries we follow in terms of workers' remittances paid, 6 places above the position seen 10 years ago.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.