Remittances in Pakistan decreased to 5478 USD Million in the third quarter of 2019 from 5747 USD Million in the second quarter of 2019. Remittances in Pakistan averaged 2965.54 USD Million from 2002 until 2019, reaching an all time high of 5747 USD Million in the second quarter of 2019 and a record low of 906 USD Million in the third quarter of 2003. source: State Bank of Pakistan

Remittances in Pakistan is expected to be 5950.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Pakistan to stand at 5500.00 in 12 months time. In the long-term, the Pakistan Remittances is projected to trend around 5200.00 USD Million in 2020, according to our econometric models.


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Pakistan Remittances

Actual Previous Highest Lowest Dates Unit Frequency
5478.00 5747.00 5747.00 906.00 2002 - 2019 USD Million Quarterly
NSA


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

Pakistan Trade Last Previous Highest Lowest Unit
Balance of Trade -316766.00 -299795.00 6457.00 -452668.00 PKR Million [+]
Current Account -1548.00 -3168.00 1418.00 -6308.00 USD Million [+]
Current Account to GDP -4.80 -6.30 4.90 -8.50 percent [+]
Exports 312420.00 312420.00 315698.00 51.00 PKR Million [+]
Imports 612215.00 612215.00 734578.00 96.00 PKR Million [+]
External Debt 106891.00 106312.00 106891.00 33172.00 USD Million [+]
Terms of Trade 60.60 58.70 94.80 49.20 points [+]
Remittances 5478.00 5747.00 5747.00 906.00 USD Million [+]
Gold Reserves 64.63 64.63 65.44 64.38 Tonnes [+]
Capital Flows -1996.00 -284.00 1620.00 -5364.00 USD Million [+]
Crude Oil Production 92.00 92.00 97.00 50.00 BBL/D/1K [+]
Foreign Direct Investment 487.00 200.10 1262.90 -367.50 USD Million [+]
Terrorism Index 7.89 8.18 9.07 6.12 [+]