Filipino remittances from Kuwait rise 4.7%, GCC transfers hit US$4.5 billion
Official data from the Central Bank of the Philippines show that remittances sent by Filipino workers in Kuwait rose by 4.71 percent during the first nine months of this year, reaching US$453.04 million compared to US$432.7 million in the same period of 2024.
The figures also indicate a 6.03 percent increase in remittances from Filipino workers across Gulf Cooperation Council (GCC) countries, which totaled about US$4.5 billion between January and September 2025, up from US$4.25 billion a year earlier, reports Al-Anba daily.
According to data published by Mubasher Info, remittances from Filipinos in the six GCC states accounted for 96.67 percent of all remittances originating from the Middle East—estimated at US$4.66 billion—and represented 42.92 percent of total remittances from Asia during the same period, which stood at US$10.49 billion.
Globally, the statistics show that remittances from Filipino workers reached US$26.03 billion from January to September 2025, with Gulf countries contributing 17.30 percent of the total, compared to US$25.23 billion in the corresponding period of the previous year.
Among GCC countries, the United Arab Emirates posted the highest growth rate at 8.09 percent, while Oman recorded the lowest at 1.85 percent.
Saudi Arabia remained the largest source of remittances, totaling approximately US$1.66 billion, followed by the UAE with US$1.16 billion, while Bahrain registered the lowest figure at US$201.20 million during the first nine months of the year.
