Let’s cut to the chase—there are now alarming rumors flying around that some diehard Duterte supporters (DDS) are planning a boycott of OFW remittances in protest of Duterte’s alleged jailing by the International Criminal Court (ICC) for crimes against humanity. Whether that’s political theater or a serious call to action, one thing is clear: if OFW remittances stop flowing, the impact on the Philippine economy would be nothing short of catastrophic.
So let’s unpack the whole thing—from the real role of OFWs and their remittances, to how BPO jobs prop up our GDP, and what could happen if these lifelines are disrupted.
OFW Remittances: The Unseen Backbone of the Economy
More than 1.8 million OFWs worldwide send money back home, and in 2023 alone, they contributed a record-breaking $37 billion USD in remittances. That’s not loose change.
But here’s the thing—remittances aren’t counted directly in GDP. Instead, they show up in the Balance of Payments under “Net Primary Income from the Rest of the World.” The money is earned abroad, so technically it doesn’t count as domestic production.
However, when the money is spent locally—on groceries, rent, construction, education, and more—that’s when it flows into the GDP. It becomes personal consumption, which makes up about 70% of our economy.
Where Do OFW Remittances Go?
Here’s a quick breakdown of how those billions are spent:
- Daily Living Expenses
- Groceries, bills, transportation, and school fees
→ fuels Retail, Education, Healthcare, Transport
- Groceries, bills, transportation, and school fees
- Housing & Construction
- Building or renovating homes
→ boosts Construction, Real Estate
- Building or renovating homes
- Bank Savings & Investments
- Deposits, insurance, micro-businesses
→ supports Banking, Finance, MSMEs
- Deposits, insurance, micro-businesses
- Luxury Spending
- Appliances, gadgets, vacations
→ powers Retail, Travel, Services
- Appliances, gadgets, vacations
- Loan Repayments
- Debts from recruitment, housing, or business
→ ties into Financial Institutions
- Debts from recruitment, housing, or business
This is why economists say OFW remittances are a lifeline, especially for lower- and middle-income families.
BPO: The Local Powerhouse of the Services Sector
While OFWs earn abroad, there’s another army of modern-day heroes at home: BPO workers. The Business Process Outsourcing industry includes call centers, IT support, financial services, and more.
As of 2023:
- The BPO industry employs over 1.5 million Filipinos
- Contributes nearly $30 billion USD to the economy
- Accounts for 7%–8% of total GDP
BPO falls under:
- Services Sector (62.4% of GDP)
- Specifically in Information & Communication
- And Administrative and Support Services
It’s not just about answering calls anymore. The Philippines has moved up the value chain—handling banking, tech support, healthcare processing, legal transcription, and more.
Visualizing It: The Economic Flow of OFW Remittances and BPO
Both OFW remittances and BPO earnings fuel personal consumption, which in turn drives multiple industries—retail, banking, real estate, utilities, and more. Their impact is multi-sectoral, and they work in parallel:
Source | Local Impact Area |
---|---|
OFW Remittances | Retail, Housing, Banking, Education, Food |
BPO Salaries | Real Estate, Transport, Services, Tech |
Remove one—and you weaken the whole chain.

The Fallout of Stopping OFW Remittances
If DDS supporters or any group actually manage to convince even a small percentage of OFWs to stop sending money home, the results could be devastating:
- Millions of families would go hungry or lose housing
- Businesses dependent on consumer spending would crash
- Inflation could spike due to reduced dollar inflow
- The peso would weaken further due to foreign exchange loss
- Recession risk would rise
It’s not a political statement. It’s economic suicide.
The Real Threat: Weaponizing the Economy for Politics
Regardless of where you stand politically, threatening to boycott remittances is dangerous. OFWs didn’t go abroad to fight political wars—they left to feed their families. They are not pawns.
Same goes for the BPO industry. Politicizing these economic lifelines puts millions of jobs and the entire country’s financial stability at risk.
Final Thoughts: Let’s Not Burn the House Down to Protest the Plumbing
If you think stopping OFW remittances or tanking the BPO industry is a smart move to protest Duterte’s situation, think again. The people who’ll suffer first are the ones who had nothing to do with it—your family, your community, and your fellow Filipinos.
Let’s keep the economy out of political revenge games.