Overseas Filipino workers' total cash remittances 2023, by region
Between January to December 2023, preliminary figures show that overseas Filipino workers (OFWs) in the Americas accounted for the highest total cash remittances sent to the Philippines. Cash remittances from the region reached approximately 15.38 billion U.S. dollars. In comparison, OFWs in Europe sent about 3.82 billion U.S. dollars that year.
Cash remittances refer to the money sent through banks by land-based and sea-based workers.
Cash remittances refer to the money sent through banks by land-based and sea-based workers.
