Remittances in Belgium increased to 2746 EUR Million in the second quarter of 2020 from 2523 EUR Million in the first quarter of 2020. source: National Bank of Belgium

Remittances in Belgium averaged 1916.20 EUR Million from 2008 until 2020, reaching an all time high of 3000 EUR Million in the fourth quarter of 2019 and a record low of 935 EUR Million in the first quarter of 2008. This page provides - Belgium Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Remittances - values, historical data and charts - was last updated on February of 2021.

Remittances in Belgium is expected to be 1668.03 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Belgium to stand at 1686.18 in 12 months time. In the long-term, the Belgium Remittances is projected to trend around 1696.16 EUR Million in 2021 and 1702.96 EUR Million in 2022, according to our econometric models.

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Belgium Remittances

Actual Previous Highest Lowest Dates Unit Frequency
2746.00 2523.00 3000.00 935.00 2008 - 2020 EUR Million Quarterly
NSA

Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 1709.50 1880.40 4463.30 -1026.60 EUR Million [+]
Current Account -2586.00 -189.00 7343.00 -6687.00 EUR Million [+]
Current Account to GDP -1.20 -1.40 5.50 -4.00 percent [+]
Imports 29516.30 29772.80 34392.10 6975.70 EUR Million [+]
Exports 31225.80 31748.20 36444.60 7331.30 EUR Million [+]
Terms of Trade 95.86 97.59 108.24 90.33 points [+]
Capital Flows -1147.00 3215.00 8066.00 -7418.00 EUR Million [+]
Remittances 2746.00 2523.00 3000.00 935.00 EUR Million [+]
Gold Reserves 227.40 227.40 258.09 227.40 Tonnes [+]
Weapons Sales 42.00 16.00 243.00 0.00 USD Million [+]
Terrorism Index 3.04 3.64 4.66 0.41 [+]
Tourist Arrivals 549092.00 857336.00 1916367.00 15337.00 [+]
Foreign Direct Investment 6428.00 -11588.00 43157.00 -25046.00 EUR Million [+]
External Debt 1182406.00 1230210.00 1264535.00 923263.00 EUR Million [+]


Belgium Remittances
In Belgium, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances).