Remittances in India increased to 13951 USD Million in the third quarter of 2020 from 12426.61 USD Million in the second quarter of 2020. source: Reserve Bank of India

Remittances in India averaged 10363.64 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 March of 2021.

Remittances in India is expected to be 14900.00 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 13800.00 in 12 months time. In the long-term, the India Remittances is projected to trend around 13800.00 USD Million in 2022, according to our econometric models.

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India Remittances

Actual Previous Highest Lowest Dates Unit Frequency
13951.00 12426.61 16373.32 5999.10 2010 - 2020 USD Million Quarterly
NSA

India Trade Last Previous Highest Lowest Unit
Balance of Trade -12880.00 -14540.00 790.00 -20210.90 USD Million [+]
Current Account 15530.87 19797.95 19797.95 -31857.18 USD Million [+]
Current Account to GDP -0.90 -2.10 2.30 -4.80 percent [+]
Imports 40550.00 41990.00 45730.00 117.40 USD Million [+]
Exports 27670.00 27450.00 32720.00 59.01 USD Million [+]
External Debt 556243.00 554746.00 563941.00 96392.00 USD Million [+]
Terms of Trade 73.70 73.30 100.00 57.90 points [+]
Foreign Direct Investment 6526.00 5746.00 17800.00 -1336.00 USD Million [+]
Capital Flows -87.28 -780.34 766.97 -822.33 USD Million [+]
Remittances 13951.00 12426.61 16373.32 5999.10 USD Million [+]
Tourist Arrivals 328462.00 1015632.00 1225672.00 129286.00 [+]
Gold Reserves 676.61 668.25 676.61 357.75 Tonnes [+]
Crude Oil Production 618.00 618.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.35 7.52 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 24991.00 36154.00 63693.00 4034.00 units [+]


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