Philippine Remittances Hit Record Peak
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Cash remittances in the Philippines reached a record high of USD 3.52 billion in December 2025, a 4.2% increase from the previous year. Total remittances for 2025 also hit an all-time high of USD 35.63 billion, up 3.3% from 2024, representing 7.3% of GDP. The US was the largest source of remittances, contributing 39.7%. Personal remittances rose by 4.2% to USD 3.89 billion in December, with a full-year total of USD 39.62 billion, a 3.3% increase from 2024.
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