Remittances20150217Personal remittances from overseas Filipino workers (OFWs) in 2014 set an all-time high for the Philippines at $26.93 billion, exceeding the central bank’s growth target of 5 percent for the year with a 6.2 percent increase, official data shows.

The latest annual level broke the previous record of $25.35 billion posted in 2013.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details