Remittances in Armenia increased to 336.40 USD Million in the second quarter of 2018 from 261.10 USD Million in the first quarter of 2018. Remittances in Armenia averaged 369.04 USD Million from 2004 until 2018, reaching an all time high of 742.69 USD Million in the fourth quarter of 2013 and a record low of 98.05 USD Million in the first quarter of 2004.
Remittances in Armenia is expected to be 510.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Armenia to stand at 452.00 in 12 months time. In the long-term, the Armenia Remittances is projected to trend around 545.00 USD Million in 2020, according to our econometric models.