Remittances in Belgium decreased to 2615 EUR Million in the fourth quarter of 2020 from 2683 EUR Million in the third quarter of 2020. source: National Bank of Belgium

Remittances in Belgium averaged 1947.69 EUR Million from 2008 until 2020, reaching an all time high of 3000 EUR Million in the fourth quarter of 2019 and a record low of 935 EUR Million in the first quarter of 2008. This page provides - Belgium Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Remittances - values, historical data and charts - was last updated on August of 2021.

Remittances in Belgium is expected to be 1668.03 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Belgium to stand at 1686.18 in 12 months time. In the long-term, the Belgium Remittances is projected to trend around 1696.16 EUR Million in 2022 and 1702.96 EUR Million in 2023, according to our econometric models.

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Belgium Remittances

Actual Previous Highest Lowest Dates Unit Frequency
2615.00 2683.00 3000.00 935.00 2008 - 2020 EUR Million Quarterly
NSA

Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 1711.10 3531.00 4463.30 -1026.60 EUR Million [+]
Current Account 2514.00 -306.00 7343.00 -6687.00 EUR Million [+]
Current Account to GDP -1.20 -1.40 5.50 -4.00 percent of GDP [+]
Imports 34168.90 33394.00 36300.50 6975.70 EUR Million [+]
Exports 35880.00 36925.00 39219.80 7331.30 EUR Million [+]
Terms of Trade 94.66 97.13 108.24 90.33 points [+]
Capital Flows -4098.00 -5062.00 8066.00 -7418.00 EUR Million [+]
Remittances 2615.00 2683.00 3000.00 935.00 EUR Million [+]
Gold Reserves 227.40 227.40 258.09 227.40 Tonnes [+]
Weapons Sales 53.00 53.00 243.00 0.00 SIPRI TIV Million [+]
Terrorism Index 3.04 3.64 4.66 0.41 [+]
Tourist Arrivals 386443.00 398785.00 1916367.00 15481.00 [+]
Foreign Direct Investment 5237.00 12356.00 43157.00 -25046.00 EUR Million [+]
External Debt 1223223.00 1212068.00 1264535.00 923263.00 EUR Million [+]


Belgium Remittances
In Belgium, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances).