OFW remittances climb 3.7% to $3.12B in September

Cash remittances from overseas Filipinos saw a rebound in September 2025, reaching $3.121 billion, a 3.7% increase compared to the same month in the previous year.

This marks an improvement from the slight decline observed in August 2025.

Year-to-date cash remittances have reached $26.030 billion, showing a 3.2% growth from the comparable period in 2024.

The United States continues to be the largest source of these remittances, accounting for 40.4% of the total for the first nine months.

Other significant contributors include Singapore, Saudi Arabia, and Japan.

Personal remittances, which include transfers through informal channels, also increased by 3.8% to $3.461 billion in September 2025.

The year-to-date personal remittances grew by 3.2% to $28.974 billion.