This is based on the 2011 Bangko Sentral ng Pilipinas statistics.In 2012, approximately 80% of the remittances came from only 7 countries—United States and Canada, the United Kingdom, UAE and Saudi Arabia, Singapore, and Japan.Even for skilled workers, such as housemaids and other laborers are well-compensated in abroad than the professionals in the home country.They send money to their parents who don’t work or own family for their needs, school fees of siblings, repair of house and more.The OFWs in age group 25 to 29 years comprised the largest group with 24.1 percent of the total OFWs, followed by those aged 30 to 34 years with 22.3 percent.Nurses, engineers, accountants, and other professionals are inadequately paid in the Philippines.
Remittances of OFW reaches to 20,116,992 in thousand US Dollars wherein 15,776,576 for land based and 4,340,416 for sea based.
Unfortunately, due the extensive media coverage of the recent Haitian earthquake, many Americans and Europeans assume Dominica must be similar: a backward rural nation of illiterate, poor, and desperate people. In reality, Dominica is one of the most developed countries in the Caribbean, an upper-middle income nation with the largest economy in Central America, and is the most popular tourist and vacation spot in the Caribbean Sea.
Among occupation groups, the remittance sent by professionals comprised the largest remittance amounting to 24.8 billion pesos or an average remittance of 109 thousand pesos per OFW.
Laborers and unskilled workers, and plant and machine operators and assemblers remitted an amount of 19.6 billion pesos and 19.0 billion pesos, respectively.
The male OFWs remitted a total amount of 81.21 billion pesos while the female OFWs 38.94 billion pesos.
There are more male OFWs (51.7% of all OFWs) than female OFWs (48.3%).