The ocean and the beach in the Philippines

Philippines Remittances April 2022

Philippines: Remittances rise in April at fastest rate since November 2021

Remittances came in at USD 2.4 billion in April, reflecting a 3.9% year-on-year rise, following March’s 3.2% year-on-year increase. The year-on-year increase was the largest since November 2021.

On a cumulative 12-month basis up to April, remittances summed USD 31.7 billion, following the USD 31.5 billion registered in March. April’s 12-month moving average signaled a 4.4% rise from a year earlier (March: +5.0% year on year).

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest