Preliminary figures for 2023 revealed that Filipinos working in South Korea sent around 835 million U.S. dollars in cash remittances to the Philippines, reflecting an increase from the previous year. Cash remittances sent to the Philippines from South Korea doubled between 2018 and 2019 and has continuously increased since then.
Total value of cash remittances sent by overseas Filipino workers (OFWs) based in South Korea from 2014 to 2023
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BSP. (April 15, 2024). Total value of cash remittances sent by overseas Filipino workers (OFWs) based in South Korea from 2014 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1070021/philippines-value-cash-remittances-overseas-filipino-workers-south-korea/
BSP. "Total value of cash remittances sent by overseas Filipino workers (OFWs) based in South Korea from 2014 to 2023 (in million U.S. dollars)." Chart. April 15, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1070021/philippines-value-cash-remittances-overseas-filipino-workers-south-korea/
BSP. (2024). Total value of cash remittances sent by overseas Filipino workers (OFWs) based in South Korea from 2014 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1070021/philippines-value-cash-remittances-overseas-filipino-workers-south-korea/
BSP. "Total Value of Cash Remittances Sent by Overseas Filipino Workers (Ofws) Based in South Korea from 2014 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1070021/philippines-value-cash-remittances-overseas-filipino-workers-south-korea/
BSP, Total value of cash remittances sent by overseas Filipino workers (OFWs) based in South Korea from 2014 to 2023 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1070021/philippines-value-cash-remittances-overseas-filipino-workers-south-korea/ (last visited November 10, 2024)
Total value of cash remittances sent by overseas Filipino workers (OFWs) based in South Korea from 2014 to 2023 (in million U.S. dollars) [Graph], BSP, April 15, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1070021/philippines-value-cash-remittances-overseas-filipino-workers-south-korea/
