Remittances in Ecuador increased to 845.57 USD Million in the third quarter of 2019 from 809.61 USD Million in the second quarter of 2019. Remittances in Ecuador averaged 591.88 USD Million from 1999 until 2019, 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. source: Banco Central del Ecuador

Remittances in Ecuador is expected to be 830.00 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 2020, according to our econometric models.

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Ecuador Remittances

Actual Previous Highest Lowest Dates Unit Frequency
845.57 809.61 891.95 238.55 1999 - 2019 USD Million Quarterly
NSA


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

Ecuador Trade Last Previous Highest Lowest Unit
Balance of Trade 122852.00 -270952.00 619602.00 -729014.00 USD Thousand [+]
Current Account -64.90 -36.85 1548.23 -1398.86 USD Million [+]
Current Account to GDP -1.20 -0.50 5.17 -10.08 percent [+]
Imports 1755212.00 2012848.00 2592365.00 117453.00 USD Thousand [+]
Exports 1878064.00 1741896.00 2603522.00 66062.00 USD Thousand [+]
Capital Flows 917.54 94.52 2537.11 -5561.90 USD Million [+]
Remittances 845.57 809.61 891.95 238.55 USD Million [+]
Gold Reserves 16.95 16.95 26.30 11.79 Tonnes [+]
Crude Oil Production 546.00 467.00 563.00 329.00 BBL/D/1K [+]
Terrorism Index 2.46 1.47 3.02 0.58 [+]
Foreign Direct Investment 127.87 275.86 788.09 -286.05 USD Million [+]