Cash remittances from overseas Filipinos rose to US$2.9 billion in November 2025, highlighting the continued importance of migrant workers’ income in supporting the Philippine economy.
Data show that cash remittances reached US$2.91 billion in November, bringing total inflows for the first 11 months of the year to US$32.11 billion, up 3.2 percent from US$31.11 billion in the same period in 2024. These funds, sent mainly through banks, help support household spending, strengthen foreign exchange reserves, and cushion the economy against global shocks.
The United States remained the largest source of remittances, followed by Singapore and Saudi Arabia, reflecting where many overseas Filipinos are employed.
Including non-cash transfers and funds sent through informal channels, personal remittances reached US$3.23 billion in November. From January to November 2025, personal remittances totaled US$35.73 billion, also up 3.2 percent year on year.
Remittances remain a key pillar of the economy, providing a steady source of foreign currency and supporting millions of Filipino households.
