Remittances in Indonesia increased to 2276.98 USD Million in the second quarter of 2021 from 2259.98 USD Million in the first quarter of 2021. source: Bank Indonesia

Remittances in Indonesia averaged 1963.19 USD Million from 2005 until 2021, reaching an all time high of 2898.41 USD Million in the second quarter of 2019 and a record low of 1202 USD Million in the second quarter of 2005. This page provides the latest reported value for - Indonesia Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Remittances - values, historical data and charts - was last updated on October of 2021.

Remittances in Indonesia is expected to be 2350.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Remittances is projected to trend around 2670.00 USD Million in 2022 and 3170.00 USD Million in 2023, according to our econometric models.

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Indonesia Remittances

Indonesia Last Unit Reference Previous Highest Lowest
Current Account -2231.00 USD Million Jun/21 -1057.00 3795.00 -10125.60
Current Account to GDP -0.44 percent of GDP Dec/20 -2.70 4.80 -6.80
External Debt 415081.72 USD Million Jun/21 415626.58 417527.80 119594.10
Remittances 2276.98 USD Million Jun/21 2259.98 2898.41 1202.00
Tourism Revenues 121.04 USD Million Jun/21 88.56 4722.71 88.43
Capital Flows 1918.36 USD Million Jun/21 5562.08 15903.81 -9456.20

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