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OFW remittances hit record $35.6B

16 February 2026
in Business
Reading Time: 4 mins read
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OFW remittances hit record .6B
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By Katherine K. Chan, Reporter

MONEY SENT HOME by Filipinos abroad jumped to a record high of $35.634 billion in 2025, with the weak peso boosting gains from dollar conversion, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.

BSP data showed total cash remittances rose by 3.3% year on year to $35.634 billion in 2025 from $34.493 billion in 2024.   

The growth in cash remittances last year was well above the 3% growth projection of the BSP for 2025.

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