Portugal Remittances - Forecast

Remittances in Portugal is expected to be 302.00 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 285.00 in 12 months time. In the long-term, the Portugal Remittances is projected to trend around 402.00 EUR Million in 2020, according to our econometric models.


Portugal Remittances
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Portugal Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -1207 -960 -1270 -1430 -800 -1260
Exports 4944 4990 4850 4320 5680 4850
Imports 6151 5950 6120 5750 6480 6110
Current Account 301 -25 451 -160 -120 -90
Current Account to GDP 0.5 0.4 0.4 0.4 0.6 0.5
External Debt 407482 408100 410300 412300 414100 423300
Capital Flows 1014 -320 270 304 480 287
Foreign Direct Investment -381 398 320 450 340 120
Remittances 280 302 290 396 285 402
Tourism Revenues 787 1320 1840 1020 1000 1400
Gold Reserves 382 383 383 383 383 383
Terrorism Index 0 0 0 0 0 0
Tourist Arrivals 2918604 4451000 4660000 1774000 2990000 2153000
Weapons Sales 56 100 100 100 80 50