Remittances in Portugal decreased to 359.79 EUR Million in January from 367.81 EUR Million in December of 2018. Remittances in Portugal averaged 240.63 EUR Million from 1996 until 2019, reaching an all time high of 515.40 EUR Million in July of 2001 and a record low of 153.66 EUR Million in January of 2005.
Remittances in Portugal is expected to be 285.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Portugal to stand at 399.00 in 12 months time. In the long-term, the Portugal Remittances is projected to trend around 415.00 EUR Million in 2020, according to our econometric models.