The ocean and the beach in the Philippines

Philippines Remittances September 2021

Philippines: Remittances growth increases slightly in September

Remittances totaled USD 2.7 billion in September, representing a 5.2% year-on-year expansion. This follows August’s 5.1% year-on-year increase. On a cumulative 12-month basis up to September, remittances summed USD 31.1 billion, above the USD 31.0 billion registered in August. September’s 12-month rolling total signaled a 4.4% increase from a year earlier (August: +4.7% year-on-year)

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