Cash remittances from overseas Filipinos reached US$3.17 billion in October 2025, bringing the total for January to October to US$29.20 billion, underscoring their continued role as a key driver of household spending and foreign exchange inflows in the economy.
The United States remained the largest source of remittances during the period, followed by Singapore and Saudi Arabia, although official data may overstate U.S. contributions due to the routing of funds through U.S.-based correspondent banks.
Including cash sent through both formal and informal channels as well as remittances in kind, personal remittances totaled US$3.52 billion in October and US$32.49 billion in the first 10 months of the year, helping support domestic consumption, stabilize the peso, and bolster the country’s external position.
