Remittances in Pakistan decreased to 5627 USD Million in the first quarter of 2020 from 5918 USD Million in the fourth quarter of 2019.

Remittances in Pakistan averaged 3044.61 USD Million from 2002 until 2020, reaching an all time high of 5918 USD Million in the fourth quarter of 2019 and a record low of 906 USD Million in the third quarter of 2003. This page provides - Pakistan Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan Remittances - values, historical data and charts - was last updated on June of 2020. source: State Bank of Pakistan

Remittances in Pakistan is expected to be 5900.00 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 5600.00 in 12 months time. In the long-term, the Pakistan Remittances is projected to trend around 5600.00 USD Million in 2021 and 5200.00 USD Million in 2022, according to our econometric models.

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Pakistan Remittances

Actual Previous Highest Lowest Dates Unit Frequency
5627.00 5918.00 5918.00 906.00 2002 - 2020 USD Million Quarterly
NSA

Pakistan Trade Last Previous Highest Lowest Unit
Balance of Trade -234361.00 -369468.00 6457.00 -452668.00 PKR Million [+]
Current Account -736.00 -661.00 1418.00 -6308.00 USD Million [+]
Current Account to GDP -4.80 -6.30 4.90 -8.50 percent [+]
Imports 457847.00 526880.00 734578.00 96.00 PKR Million [+]
Exports 223486.00 157412.00 330188.00 51.00 PKR Million [+]
External Debt 109949.00 111047.00 111047.00 33172.00 USD Million [+]
Terms of Trade 61.70 60.60 94.80 49.20 points [+]
Remittances 5627.00 5918.00 5918.00 906.00 USD Million [+]
Gold Reserves 64.60 64.63 65.44 64.38 Tonnes [+]
Foreign Direct Investment 289.00 223.10 1262.90 -367.50 USD Million [+]
Capital Flows -360.00 -3516.00 1620.00 -5364.00 USD Million [+]
Crude Oil Production 85.00 92.00 97.00 50.00 BBL/D/1K [+]
Terrorism Index 7.89 8.18 9.07 6.12 [+]


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