Remittances in Israel decreased to 1257.40 USD Million in the first quarter of 2020 from 1280 USD Million in the fourth quarter of 2019.

Remittances in Israel averaged 708.22 USD Million from 1985 until 2020, reaching an all time high of 1541.60 USD Million in the second quarter of 2016 and a record low of 46.60 USD Million in the third quarter of 1985. This page provides - Israel Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Remittances - values, historical data and charts - was last updated on August of 2020.

Remittances in Israel is expected to be 1281.63 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Israel to stand at 1276.43 in 12 months time. In the long-term, the Israel Remittances is projected to trend around 1278.50 USD Million in 2021 and 1278.25 USD Million in 2022, according to our econometric models.

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Israel Remittances

Actual Previous Highest Lowest Dates Unit Frequency
1257.40 1280.00 1541.60 46.60 1985 - 2020 USD Million Quarterly
NSA

Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1757.30 -887.00 113.80 -3082.60 USD Million [+]
Current Account 3806.40 3545.00 4476.60 -1750.20 USD Million [+]
Current Account to GDP 2.40 2.60 5.10 -8.40 percent [+]
Imports 5584.10 4755.90 7207.50 33.10 USD Million [+]
Exports 3826.80 3868.90 5848.30 10.80 USD Million [+]
External Debt 104731.80 103426.80 115301.00 18963.00 USD Million [+]
Terms of Trade 96.37 96.89 120.76 87.22 points [+]
Capital Flows 5379.00 3347.00 8287.10 -3525.60 USD Million [+]
Foreign Direct Investment 51234.60 52368.00 52368.00 -10028.10 USD Million [+]
Remittances 1257.40 1280.00 1541.60 46.60 USD Million [+]
Tourist Arrivals 6.00 5.80 485.70 0.50 Thousand [+]
Terrorism Index 4.53 4.58 6.86 4.53 [+]
Weapons Sales 369.00 655.00 1392.00 4.00 USD Million [+]
Crude Oil Production 0.30 0.30 0.39 0.06 BBL/D/1K [+]


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