Remittances in Kuwait increased to 1247 KWD Million in the fourth quarter of 2019 from 1071 KWD Million in the third quarter of 2019.

Remittances in Kuwait averaged 1133.50 KWD Million from 2012 until 2019, reaching an all time high of 1326 KWD Million in the third quarter of 2013 and a record low of 943 KWD Million in the third quarter of 2017. This page provides - Kuwait Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Remittances - values, historical data and charts - was last updated on October of 2020.

Remittances in Kuwait is expected to be 1122.39 KWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Kuwait to stand at 1124.10 in 12 months time. In the long-term, the Kuwait Remittances is projected to trend around 1120.67 KWD Million in 2021 and 1120.02 KWD Million in 2022, according to our econometric models.

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Kuwait Remittances

Actual Previous Highest Lowest Dates Unit Frequency
1247.00 1071.00 1326.00 943.00 2012 - 2019 KWD Million Quarterly
NSA

Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 1760.00 2090.00 7065.90 25.30 KWD Million [+]
Current Account 1325.00 2817.00 18142.00 -908.00 KWD Million [+]
Current Account to GDP 8.90 12.70 54.57 -242.19 percent [+]
Imports 2250.00 2590.00 2807.00 440.00 KWD Million [+]
Exports 4010.00 4680.00 8855.40 647.50 KWD Million [+]
Capital Flows -7469.00 -7389.00 21172.00 -22337.00 KWD Million [+]
Remittances 1247.00 1071.00 1326.00 943.00 KWD Million [+]
Tourist Arrivals 8508.00 7407.00 8599.00 3899.00 Thousand [+]
Gold Reserves 79.00 79.00 80.51 78.72 Tonnes [+]
Crude Oil Production 2290.00 2289.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 2.49 3.13 4.45 0.00 [+]
Tourism Revenues 936.00 643.00 936.00 286.00 USD Million [+]
Foreign Direct Investment 234.00 723.00 809.00 -27.00 KWD Million [+]


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