Remittances in Ecuador decreased to 677.44 USD Million in the second quarter of 2020 from 721.17 USD Million in the first quarter of 2020. source: Banco Central del Ecuador

Remittances in Ecuador averaged 597.30 USD Million from 1999 until 2020, reaching an all time high of 891.95 USD Million in the fourth quarter of 2007 and a record low of 238.55 USD Million in the second quarter of 1999. This page provides - Ecuador Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Remittances - values, historical data and charts - was last updated on January of 2021.

Remittances in Ecuador is expected to be 920.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Ecuador to stand at 920.00 in 12 months time. In the long-term, the Ecuador Remittances is projected to trend around 980.00 USD Million in 2021, according to our econometric models.

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Ecuador Remittances

Actual Previous Highest Lowest Dates Unit Frequency
677.44 721.17 891.95 238.55 1999 - 2020 USD Million Quarterly
NSA

Ecuador Trade Last Previous Highest Lowest Unit
Balance of Trade 343848.00 238891.00 619602.00 -729014.00 USD Thousand [+]
Current Account 1213.63 254.95 1548.23 -1398.86 USD Million [+]
Current Account to GDP -0.10 -1.20 5.17 -10.08 percent [+]
Exports 1945902.00 1799976.00 2603522.00 66062.00 USD Thousand [+]
Imports 1602054.00 1561086.00 2592365.00 117453.00 USD Thousand [+]
Capital Flows 4671.98 403.61 4671.98 -5561.90 USD Million [+]
Remittances 677.44 721.17 891.95 238.55 USD Million [+]
Gold Reserves 21.93 21.93 26.30 6.37 Tonnes [+]
Crude Oil Production 511.59 515.00 563.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 90.84 238.88 788.09 -286.05 USD Million [+]
Terrorism Index 2.61 2.46 3.02 0.58 [+]


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