Domestic Remittances Statistics in Philippines (2026)
46.8% of adults in the Philippines sent or received domestic remittances in 2024, World Bank Global Findex data show. Down from 49.6% in 2021 to 46.8% in 2024 (−2.7 percentage points). Philippines ranks #4 of 11 economies in East Asia & Pacific on this measure, and #34 of 109 globally.
Key Statistics
- Latest value (2024)
- 46.8% (2024)
- Domestic Remittances in the Philippines as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −2.7 pp (2024)
- Down from 49.6% in 2021 to 46.8% in 2024 (−2.7 percentage points).
- Peak value (2021)
- 49.6% (2021)
- Highest value in the available series; the 2024 value is 46.8%.
- Rank in East Asia & Pacific
- #4 of 11 (2024)
- The Philippines ranks 4 of 11 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #34 of 109 (2024)
- The Philippines ranks 34 of 109 countries with data globally.
- East Asia & Pacific average
- 42.1% (2024)
- The Philippines (46.8%) is above the average of 42.1% across the 11 countries in East Asia & Pacific with data.
- Sent or received domestic remittances: using an account (% age 15+) (2024)
- 24.5% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in the Philippines (2024)
- 67.3% (2024)
- 67.3% of the population in the Philippines used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 115.8 million (2024)
- The Philippines had a population of 115.8 million in 2024 (World Bank); shown for scale only.
Trend, 2021–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 46.8% | −2.7 pp |
| 2021 | 49.6% | — |
Frequently asked questions
What share of adults in the Philippines sent or received domestic remittances?
46.8% of adults in the Philippines sent or received domestic remittances in 2024, according to World Bank Global Findex data.
Where does the Philippines rank globally on domestic remittances?
The Philippines ranks 34 of 109 countries with data globally, based on the latest World Bank Global Findex value for each country.
When did domestic remittances in the Philippines peak?
The highest value in the available series was 49.6% in 2021; the latest (2024) value is 46.8%.
Source & methodology
Source: World Bank Global Findex, indicator
fh1.fh2, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .