Azerbaijan Remittances  Forecast


Azerbaijan Remittances
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Remittances in Azerbaijan is expected to be 111.10 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Azerbaijan to stand at 99.23 in 12 months time. In the long-term, the Azerbaijan Remittances is projected to trend around 90.36 USD Million in 2020, according to our econometric models.


Azerbaijan Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 1589231 1681824 1696632 1726340 1762287 1940249
Exports 3555275 3625815 3635994 3643413 3648983 3687585
Imports 1966044 1987591 1919748 2030303 1941324 1941957
Current Account 405 536 577 623 670 917
Current Account to GDP -3.2 1.3 1.3 1.3 1.3 4
Capital Flows 89.31 235 157 152 171 130
Crude Oil Production 748 749 746 743 741 723
Gold Reserves 0 -5.12 0.5 3.8 7.36 21.44
Foreign Direct Investment 1501 1425 1415 1411 1399 1369
Terrorism Index 1.15 1.8 2 2.21 2.13 1.55
Tourist Arrivals 8949 9400 9500 9600 9700 19300
Remittances 168 111 102 99.23 99.41 90.36