Remittances in Turkey increased to 17 USD Million in May from 15 USD Million in April of 2021. source: Central Bank of the Republic of Turkey

Remittances in Turkey averaged 158.53 USD Million from 1984 until 2021, reaching an all time high of 574 USD Million in September of 1998 and a record low of 8 USD Million in April of 2020. This page provides - Turkey Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Remittances - values, historical data and charts - was last updated on August of 2021.

Remittances in Turkey is expected to be 65.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Turkey to stand at 65.00 in 12 months time. In the long-term, the Turkey Remittances is projected to trend around 65.00 USD Million in 2022, according to our econometric models.

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Turkey Remittances

Actual Previous Highest Lowest Dates Unit Frequency
17.00 15.00 574.00 8.00 1984 - 2021 USD Million Monthly

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -2852.76 -4156.94 24.51 -10453.06 USD Million [+]
Current Account -3081.00 -1734.00 3779.00 -9407.00 USD Million [+]
Current Account to GDP -5.10 0.90 1.90 -8.90 percent of GDP [+]
Imports 22627.71 20626.32 23626.08 15.00 USD Million [+]
Exports 19774.94 16469.38 19774.94 7.10 USD Million [+]
External Debt 448393.00 450056.00 467672.00 43911.00 USD Million [+]
Terms of Trade 91.63 91.25 147.63 90.96 points [+]
Capital Flows -1516.00 -1759.00 7529.00 -9578.00 USD Million [+]
Foreign Direct Investment 256.00 183.00 6571.00 46.00 USD Million [+]
Remittances 17.00 15.00 574.00 8.00 USD Million [+]
Tourism Revenues 3004.00 2452.00 14031.00 294.00 USD Million [+]
Tourist Arrivals 2047596.00 936282.00 6617380.00 24238.00 Persons [+]
Gold Reserves 512.60 544.20 583.30 116.04 Tonnes [+]
Weapons Sales 141.00 240.00 264.00 3.00 SIPRI TIV Million [+]
Terrorism Index 6.11 6.53 7.52 4.62 [+]
Crude Oil Production 64.00 64.00 72.00 38.00 BBL/D/1K [+]


Turkey Remittances
In Turkey, Remittances refers to net migrants’ and short-term employee income transfers (personal remittances).