Remittances in Colombia increased to 645.90 USD Million in August from 593.20 USD Million in July of 2020. source: Banco de la Republica, Colombia

Remittances in Colombia averaged 413.26 USD Million from 1996 until 2020, reaching an all time high of 944.50 USD Million in December of 2004 and a record low of 162.44 USD Million in June of 1998. This page provides - Colombia Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Remittances - values, historical data and charts - was last updated on October of 2020.

Remittances in Colombia is expected to be 530.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Colombia to stand at 510.00 in 12 months time. In the long-term, the Colombia Remittances is projected to trend around 610.00 USD Million in 2021 and 630.00 USD Million in 2022, according to our econometric models.

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Colombia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
645.90 593.20 944.50 162.44 1996 - 2020 USD Million Monthly
NSA

Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -1.00 -1.10 0.81 -1.97 USD Billion [+]
Current Account -1693.00 -2547.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -4.30 -3.90 4.10 -6.30 percent [+]
Imports 3.57 3.65 6.08 0.28 USD Billion [+]
Exports 2.57 2.55 5.71 0.02 USD Billion [+]
External Debt 150188.80 140197.02 150188.80 36431.04 USD Million [+]
Foreign Direct Investment 1340.43 3455.67 6776.22 197.17 USD Million [+]
Capital Flows -2278.72 -2378.35 359.83 -6193.64 USD Million [+]
Remittances 645.90 593.20 944.50 162.44 USD Million [+]
Gold Reserves 4.10 13.90 18.92 3.49 Tonnes [+]
Crude Oil Production 730.00 732.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 117.86 120.59 165.96 73.87 points [+]
Terrorism Index 5.91 5.61 7.16 5.58 [+]


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