Remittances in Portugal increased to 270.83 EUR Million in May from 260.26 EUR Million in April of 2020.

Remittances in Portugal averaged 243.35 EUR Million from 1996 until 2020, reaching an all time high of 515.40 EUR Million in July of 2001 and a record low of 153.66 EUR Million in January of 2005. This page provides - Portugal Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Remittances - values, historical data and charts - was last updated on August of 2020.

Remittances in Portugal is expected to be 295.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Portugal to stand at 402.00 in 12 months time. In the long-term, the Portugal Remittances is projected to trend around 415.00 EUR Million in 2021, according to our econometric models.

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Portugal Remittances

Actual Previous Highest Lowest Dates Unit Frequency
270.83 260.26 515.40 153.66 1996 - 2020 EUR Million Monthly
NSA

Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -907.86 -1123.05 3.55 -2524.87 EUR Million [+]
Current Account -1806.42 -459.30 1658.15 -2674.13 EUR Million [+]
Current Account to GDP -0.10 0.10 3.10 -14.70 percent [+]
Imports 4325.16 4109.79 7270.02 0.00 EUR Million [+]
Exports 3417.31 2986.74 5603.05 1.69 EUR Million [+]
External Debt 410719.00 409805.00 421132.40 56392.07 EUR Million [+]
Capital Flows -1251.62 142.98 2266.42 -2461.82 EUR Million [+]
Foreign Direct Investment 330.61 835.02 6288.05 -3307.52 EUR Million [+]
Remittances 270.83 260.26 515.40 153.66 EUR Million [+]
Tourism Revenues 260.45 202.21 3020.03 199.98 EUR Million [+]
Gold Reserves 382.50 382.54 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.00 1.85 0.00 [+]
Weapons Sales 3.00 56.00 172.00 0.00 USD Million [+]
Tourist Arrivals 201000.00 78888.00 6148883.00 46732.00 [+]


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