Remittances in India decreased to 12426.61 USD Million in the second quarter of 2020 from 14891.13 USD Million in the first quarter of 2020.

Remittances in India averaged 10276.14 USD Million from 2010 until 2020, reaching an all time high of 16373.32 USD Million in the third quarter of 2019 and a record low of 5999.10 USD Million in the third quarter of 2010. This page provides - India Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Remittances - values, historical data and charts - was last updated on October of 2020. source: Reserve Bank of India

Remittances in India is expected to be 14000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in India to stand at 14000.00 in 12 months time. In the long-term, the India Remittances is projected to trend around 13800.00 USD Million in 2021, according to our econometric models.

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India Remittances

Actual Previous Highest Lowest Dates Unit Frequency
12426.61 14891.13 16373.32 5999.10 2010 - 2020 USD Million Quarterly
NSA

India Trade Last Previous Highest Lowest Unit
Balance of Trade -2900.00 -6770.00 790.00 -20210.90 USD Million [+]
Current Account 19800.00 584.38 19800.00 -31857.18 USD Million [+]
Current Account to GDP -0.90 -2.10 2.30 -4.80 percent [+]
Imports 30310.00 29470.00 45730.00 117.40 USD Million [+]
Exports 27400.00 22700.00 32720.00 59.01 USD Million [+]
External Debt 554500.00 558400.00 563938.00 96392.00 USD Million [+]
Terms of Trade 73.70 73.30 100.00 57.90 points [+]
Foreign Direct Investment 3269.00 -838.00 8569.00 -1336.00 USD Million [+]
Capital Flows -780.34 -19.36 766.97 -822.33 USD Million [+]
Remittances 12426.61 14891.13 16373.32 5999.10 USD Million [+]
Tourist Arrivals 328462.00 1015632.00 1225672.00 129286.00 [+]
Gold Reserves 657.70 641.80 657.70 357.75 Tonnes [+]
Crude Oil Production 629.00 627.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.52 7.57 8.09 7.22 [+]
Tourism Revenues 58330.00 182810.00 226170.00 31530.00 INR Million [+]
Weapons Sales 46.00 56.00 56.00 0.00 USD Million [+]
Auto Exports 286032.00 415329.00 421107.00 2663.00 units [+]


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