Remittances in Armenia increased to 406.70 USD Million in the third quarter of 2020 from 248.40 USD Million in the second quarter of 2020. source: Central Bank of Armenia

Remittances in Armenia averaged 367.73 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 March 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
406.70 248.40 742.69 98.05 2004 - 2020 USD Million Quarterly

Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade 0.00 -229.80 0.00 -440.00 USD Million [+]
Current Account -70.00 -136.50 74.31 -534.36 USD Million [+]
Current Account to GDP -8.20 -9.40 -2.20 -22.00 percent [+]
Imports 488.70 405.30 675.00 78.72 USD Million [+]
Exports 258.90 210.90 258.90 34.21 USD Million [+]
External Debt 12658.11 12548.05 12658.11 1155.60 USD Million [+]
Capital Flows -234.50 -341.80 99.30 -693.70 USD Million [+]
Gold Reserves 0.00 0.00 1.40 0.00 Tonnes [+]
Remittances 406.70 248.40 742.69 98.05 USD Million [+]
Foreign Direct Investment -12.90 99.20 425.89 -67.57 USD Million [+]
Terms Of Trade 112.50 94.60 140.50 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).