Remittances in Brazil decreased to 201.90 USD Million in November from 226.20 USD Million in October of 2018. Remittances in Brazil averaged 177.91 USD Million from 1995 until 2018, reaching an all time high of 386 USD Million in May of 1995 and a record low of 70.80 USD Million in August of 1998.
Remittances in Brazil is expected to be 210.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Brazil to stand at 205.00 in 12 months time. In the long-term, the Brazil Remittances is projected to trend around 215.00 USD Million in 2020, according to our econometric models.