MANILA — Money sent home by overseas Filipinos continued to increase in April 2026, reaching USD2.7 billion, according to data from the Bangko Sentral ng Pilipinas.

Preliminary figures released on Monday showed that cash remittances grew by 2 percent from USD2.6 billion in April 2025.

The central bank said the increase reflects the continued resilience of remittances from overseas Filipinos despite global economic conditions.

Personal remittances, which include cash sent through banks and informal channels as well as remittances in kind, also rose by 2.1 percent from USD2.97 billion in April 2025 to USD3.04 billion in April 2026.

For the January-to-April period, personal remittances increased by 2.7 percent to USD12.70 billion, while cash remittances grew by 2.6 percent to USD11.40 billion.

The BSP said the United States remained the top source of remittances, followed by Singapore and Saudi Arabia, indicating stable geographic patterns of inflows.

In an email, Rizal Commercial Banking Corporation chief economist Michael Ricafort said overseas Filipino workers’ remittances remained resilient despite modest growth.

“The continued single-digit year-on-year growth in OFW remittances nevertheless is still a good signal for the overall economy as an important growth driver, especially in terms of consumer spending, which accounts for at least 70 percent of the Philippine economy, thereby [supporting] faster economic growth for the coming months,” Ricafort said.

Ricafort also warned that remittance growth could slow due to geopolitical risks in the Middle East, which may affect global economic activity.