Remittances in India decreased to 14891.13 USD Million in the first quarter of 2020 from 15185.47 USD Million in the fourth quarter of 2019.

Remittances in India averaged 10222.38 USD Million from 2010 until 2020, reaching an all time high of 16373.32 USD Million in the third quarter of 2019 and a record low of 5999.10 USD Million in the third quarter of 2010. This page provides - India Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Remittances - values, historical data and charts - was last updated on August of 2020. source: Reserve Bank of India

Remittances in India is expected to be 15500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in India to stand at 14000.00 in 12 months time. In the long-term, the India Remittances is projected to trend around 13800.00 USD Million in 2021, according to our econometric models.

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India Remittances

Actual Previous Highest Lowest Dates Unit Frequency
14891.13 15185.47 16373.32 5999.10 2010 - 2020 USD Million Quarterly
NSA

India Trade Last Previous Highest Lowest Unit
Balance of Trade 790.00 -3150.00 790.00 -20210.90 USD Million [+]
Current Account 584.38 -2604.62 7360.00 -31857.18 USD Million [+]
Current Account to GDP -0.90 -2.10 2.30 -4.80 percent [+]
Imports 21110.00 22200.00 45730.00 117.40 USD Million [+]
Exports 21910.00 19050.00 32720.00 59.01 USD Million [+]
External Debt 558548.00 563938.00 563938.00 96392.00 USD Million [+]
Terms of Trade 73.30 71.10 100.00 57.90 points [+]
Foreign Direct Investment 2016.00 1366.00 8569.00 -1336.00 USD Million [+]
Capital Flows -19.36 -149.89 766.97 -822.33 USD Million [+]
Remittances 14891.13 15185.47 16373.32 5999.10 USD Million [+]
Tourist Arrivals 328462.00 1015632.00 1225672.00 129286.00 [+]
Gold Reserves 641.80 618.16 641.80 357.75 Tonnes [+]
Crude Oil Production 633.00 649.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.52 7.57 8.09 7.22 [+]
Tourism Revenues 58330.00 182810.00 226170.00 31530.00 INR Million [+]
Weapons Sales 46.00 56.00 56.00 0.00 USD Million [+]
Auto Exports 286032.00 415329.00 421107.00 2663.00 units [+]


India Remittances
In India, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).