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Philippine remittances hit $3.02B in Jan 2026, up 3.5% YoY, led by the U.S.
Cash remittances to the Philippines rose 3.5% year-on-year in January 2026 to $3.02 billion, with total personal remittances reaching $3.36 billion, according to the Bangko Sentral ng Pilipinas.
The U.S. remained the top source, followed by Singapore and Saudi Arabia.
Remittances helped narrow the country’s 2025 current account gap to $16.3 billion.
Despite a 14.3% drop from December’s record high, the flow remains a key economic pillar, supporting consumption and reserves.
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Las remesas filipinas alcanzaron $ 3.02B en enero de 2026, un aumento del 3.5% interanual, lideradas por los Estados Unidos.