Cash remittances sent home by overseas Filipino workers rose 3.7 percent to US$3.12 billion in September 2025, up from US$3.01 billion a year earlier, according to data released by the Bangko Sentral ng Pilipinas (BSP). This brought total remittances for the first nine months of the year to US$26.03 billion, a 3.2-percent increase from the US$25.23 billion recorded in the same period in 2024.
The United States remained the largest source of remittances during January–September 2025, followed by Singapore and Saudi Arabia. The BSP noted, however, that remittance data by source country has some limitations, as many remittance centers route funds through correspondent banks — often located in the U.S. — and transactions coursed through money couriers cannot always be disaggregated by actual sending country.
Personal remittances — which include cash sent through banks and informal channels, as well as remittances in kind — also grew 3.8 percent to US$3.46 billion in September. Year-to-date personal remittances reached US$28.97 billion, up 3.2 percent from US$28.07 billion in the comparable period last year. On a month-on-month seasonally adjusted basis, personal remittances increased by 1 percent.