Remittances in Indonesia decreased to 2259.79 USD Million in the first quarter of 2021 from 2307.23 USD Million in the fourth quarter of 2020. source: Bank Indonesia

Remittances in Indonesia averaged 1958.36 USD Million from 2005 until 2021, reaching an all time high of 2898.41 USD Million in the second quarter of 2019 and a record low of 1202 USD Million in the second quarter of 2005. This page provides the latest reported value for - Indonesia Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Remittances - values, historical data and charts - was last updated on June of 2021.

Remittances in Indonesia is expected to be 3190.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Indonesia to stand at 3250.00 in 12 months time. In the long-term, the Indonesia Remittances is projected to trend around 3670.00 USD Million in 2022, according to our econometric models.

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Indonesia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
2259.79 2307.23 2898.41 1202.00 2005 - 2021 USD Million Quarterly

Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 2370.00 2286.40 4641.92 -2329.13 USD Million [+]
Current Account -997.00 892.00 3795.00 -10125.60 USD Million [+]
Current Account to GDP -0.44 -2.70 4.80 -6.80 percent of GDP [+]
Imports 14234.50 16204.30 18297.15 21.00 USD Million [+]
Exports 16595.00 18490.70 18647.83 30.00 USD Million [+]
External Debt 415626.58 417527.80 417527.80 119594.10 USD Million [+]
Terms of Trade 103.67 104.35 117.70 77.43 points [+]
Foreign Direct Investment 111.70 111.10 209.00 35.40 IDR Trillion [+]
Remittances 2259.79 2307.23 2898.41 1202.00 USD Million [+]
Tourist Arrivals 127512.00 132597.00 1547231.00 117000.00 [+]
Gold Reserves 78.57 78.57 96.45 73.09 Tonnes [+]
Crude Oil Production 751.00 687.00 1720.00 651.00 BBL/D/1K [+]
Terrorism Index 4.63 5.07 6.55 3.92 [+]
Tourism Revenues 88.56 147.36 4722.71 88.43 USD Million [+]
Weapons Sales 9.00 15.00 95.00 1.00 SIPRI TIV Million [+]
Capital Flows 5562.08 -907.22 15903.81 -9456.20 USD Million [+]


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