Colombia Remittances  Forecast


Colombia Remittances
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Remittances in Colombia is expected to be 480.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Colombia to stand at 490.00 in 12 months time. In the long-term, the Colombia Remittances is projected to trend around 540.00 USD Million in 2020, according to our econometric models.


Colombia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -0.45 -0.7 -0.8 -0.9 -0.9 -0.7
Exports 3.13 5 5.2 5.4 5.7 6.6
Imports 3.73 3.7 4 4.1 3.9 4
Current Account -2708 -2800 -2700 -2700 -2650 -2550
Current Account to GDP -4.4 -4.3 -4.2 -4.2 -4.2 -3.5
External Debt 124770 116769 110722 104978 99546 62203
Foreign Direct Investment 2685 2607 2543 2527 2494 2286
Capital Flows -2588 -2710 -2742 -2669 -2661 -2468
Remittances 522 480 485 485 490 540
Gold Reserves 5.76 6.7 7.04 7.36 7.62 8.45
Crude Oil Production 804 811 809 808 806 791
Terms Of Trade 130 130 128 127 125 118
Terrorism Index 5.6 6 6 6 6 6