Remittances in Colombia increased to 596.90 USD Million in October from 555.80 USD Million in September of 2019. Remittances in Colombia averaged 406.85 USD Million from 1996 until 2019, 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. source: Banco de la Republica, Colombia

Remittances in Colombia is expected to be 520.00 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 530.00 in 12 months time. In the long-term, the Colombia Remittances is projected to trend around 560.00 USD Million in 2020, according to our econometric models.

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Colombia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
596.90 555.80 944.50 162.44 1996 - 2019 USD Million Monthly
NSA


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

Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -1.87 -1.01 0.81 -1.97 USD Billion [+]
Current Account -3917.00 -2887.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -3.80 -3.30 4.10 -6.40 percent [+]
Imports 4.76 4.33 6.08 0.28 USD Billion [+]
Exports 2.89 3.32 5.71 0.02 USD Billion [+]
External Debt 137633.12 136184.39 137633.12 36431.04 USD Million [+]
Foreign Direct Investment 3330.18 4050.97 6776.22 197.17 USD Million [+]
Capital Flows -3219.49 -3273.06 359.83 -6193.64 USD Million [+]
Remittances 596.90 555.80 944.50 162.44 USD Million [+]
Gold Reserves 18.92 18.92 18.92 3.49 Tonnes [+]
Crude Oil Production 884.00 882.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 135.41 133.52 165.96 73.87 points [+]
Terrorism Index 5.91 5.61 7.16 5.58 [+]