Remittances in Russia decreased to 535 USD Million in the first quarter of 2020 from 584 USD Million in the fourth quarter of 2019. source: Central Bank of Russia

Remittances in Russia averaged 260.58 USD Million from 2001 until 2020, reaching an all time high of 584 USD Million in the fourth quarter of 2019 and a record low of 44 USD Million in the first quarter of 2002. This page provides the latest reported value for - Russia Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Workers' Remittances - values, historical data and charts - was last updated on November of 2020.

Remittances in Russia is expected to be 370.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Russia to stand at 400.00 in 12 months time. In the long-term, the Russia Workers' Remittances is projected to trend around 400.00 USD Million in 2021, according to our econometric models.

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Russia Workers' Remittances

Actual Previous Highest Lowest Dates Unit Frequency
535.00 584.00 584.00 44.00 2001 - 2020 USD Million Quarterly
Current Prices, NSA

Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 10052.00 3234.00 20356.00 -203.00 USD Million [+]
Current Account 2500.00 -500.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 3.90 6.80 18.00 -1.40 percent [+]
Imports 20454.00 19952.00 32481.00 2525.00 USD Million [+]
Exports 30506.00 23186.00 50248.00 4100.00 USD Million [+]
External Debt 461.20 477.20 732.80 151.30 USD Billion [+]
Capital Flows 676.49 22281.39 32994.68 -47789.81 USD Million [+]
Gold Reserves 2299.90 2299.20 2299.90 343.41 Tonnes [+]
Crude Oil Production 8967.00 8925.00 11051.00 5707.00 BBL/D/1K [+]
Oil Exports 25577.00 30820.00 49413.00 5303.00 USD Million [+]
Remittances 535.00 584.00 584.00 44.00 USD Million [+]
Terrorism Index 4.90 5.23 7.21 4.90 [+]
Weapons Sales 4718.00 6506.00 8730.00 1475.00 USD Million [+]
Foreign Direct Investment -1611.00 6098.00 40140.00 -3922.00 USD Million [+]


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