Remittances in Armenia increased to 420.40 USD Million in the fourth quarter of 2020 from 407.50 USD Million in the third quarter of 2020. source: Central Bank of Armenia

Remittances in Armenia averaged 368.52 USD Million from 2004 until 2020, reaching an all time high of 742.69 USD Million in the fourth quarter of 2013 and a record low of 98.05 USD Million in the first quarter of 2004. This page provides - Armenia Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Remittances - values, historical data and charts - was last updated on July of 2021.

Remittances in Armenia is expected to be 545.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Armenia to stand at 545.00 in 12 months time. In the long-term, the Armenia Remittances is projected to trend around 545.00 USD Million in 2022, according to our econometric models.

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Armenia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
420.40 407.50 742.69 98.05 2004 - 2020 USD Million Quarterly

Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade -160.00 -172.80 -33.98 -440.00 USD Million [+]
Current Account -82.35 47.98 94.75 -543.58 USD Million [+]
Current Account to GDP -7.20 -6.90 -1.00 -22.00 percent of GDP [+]
Imports 414.20 364.70 675.00 78.72 USD Million [+]
Exports 242.70 216.90 258.90 34.21 USD Million [+]
External Debt 13091.62 12935.46 13091.62 1155.60 USD Million [+]
Capital Flows 27.60 -148.80 99.30 -693.70 USD Million [+]
Gold Reserves 0.00 0.00 1.40 0.00 Tonnes [+]
Foreign Direct Investment -2.70 -10.30 425.89 -67.57 USD Million [+]
Remittances 420.40 407.50 742.69 98.05 USD Million [+]
Terms Of Trade 104.90 99.90 140.50 62.40 points [+]
Terrorism Index 0.53 1.17 2.37 0.00 [+]
Tourist Arrivals 47.48 16.47 193223.00 0.00 Thousand [+]


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