Remittances in Spain increased to 3389 EUR Million in the second quarter of 2020 from 2979 EUR Million in the first quarter of 2020.

Remittances in Spain averaged 2014.64 EUR Million from 1995 until 2020, reaching an all time high of 3696 EUR Million in the second quarter of 2018 and a record low of 857 EUR Million in the first quarter of 1995. This page provides - Spain Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Remittances - values, historical data and charts - was last updated on October of 2020.

Remittances in Spain is expected to be 3850.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Spain to stand at 3890.00 in 12 months time. In the long-term, the Spain Remittances is projected to trend around 3890.00 EUR Million in 2021, according to our econometric models.

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Spain Remittances

Actual Previous Highest Lowest Dates Unit Frequency
3389.00 2979.00 3696.00 857.00 1995 - 2020 EUR Million Quarterly
NSA

Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -1735800.00 -306326.00 1481717.00 -9834766.00 EUR Thousand [+]
Current Account 1447.00 1965.00 5765.00 -12201.00 EUR Million [+]
Current Account to GDP 2.00 1.90 3.20 -9.60 percent [+]
Imports 19400000.00 23691758.18 30249871.83 37437.04 EUR Thousand [+]
Exports 17664200.00 23385432.23 26861399.68 14286.06 EUR Thousand [+]
Terms of Trade 103.90 107.40 123.70 62.20 points [+]
Foreign Direct Investment 1726.00 -28.00 22976.00 -10696.00 EUR Million [+]
Capital Flows 6616.00 3708.00 14085.00 -11176.00 EUR Million [+]
Remittances 3389.00 2979.00 3696.00 857.00 EUR Million [+]
Tourist Arrivals 2443.00 2464.44 10493.44 0.00 Thousand [+]
Gold Reserves 281.60 281.60 523.47 281.58 Tonnes [+]
Tourism Revenues 2079.00 149.00 9408.00 0.00 EUR Million [+]
Terrorism Index 3.35 4.02 6.52 1.20 [+]
External Debt 2206499000.00 2149657000.00 2206499000.00 141746000.00 EUR Thousand [+]
Weapons Sales 1188.00 820.00 1429.00 1.00 USD Million [+]


Spain Remittances
In Spain, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances).