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Link to original content: http://www.statista.com/statistics/1266705/philippines-ofw-households-expenditure-using-remittance/
Philippines: allocation of OFW remittance 2023 | Statista

Leading purposes of OFW remittances Philippines Q4 2023

Published by
Christy Balita,
Jan 8, 2024
According to a survey on consumer expectations in the fourth quarter of 2023, about 96 percent of remittances received by Filipino households with overseas Filipino worker (OFW) were spent on food and other household needs. Among the other popular uses of remittances were for education, medical expenses, and savings.

Most popular purposes of remittances among overseas Filipino worker (OFW) households in the Philippines during 4th quarter 2023

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Release date

December 2023

Region

Philippines

Survey time period

October 2 to 13, 2023

Number of respondents

327 households

Special properties

among households that received remittance

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