Remittances in Colombia decreased to 506.70 USD Million in February from 512.20 USD Million in January of 2020.

Remittances in Colombia averaged 409.41 USD Million from 1996 until 2020, reaching an all time high of 944.50 USD Million in December of 2004 and a record low of 162.44 USD Million in June of 1998. This page provides - Colombia Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Remittances - values, historical data and charts - was last updated on June of 2020. source: Banco de la Republica, Colombia

Remittances in Colombia is expected to be 500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Colombia to stand at 550.00 in 12 months time. In the long-term, the Colombia Remittances is projected to trend around 610.00 USD Million in 2021 and 630.00 USD Million in 2022, according to our econometric models.

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Colombia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
506.70 512.20 944.50 162.44 1996 - 2020 USD Million Monthly
NSA

Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -1.20 -0.95 0.81 -1.97 USD Billion [+]
Current Account -2712.00 -3451.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -4.30 -3.90 4.10 -6.30 percent [+]
Imports 3.59 3.97 6.08 0.28 USD Billion [+]
Exports 1.84 2.39 5.71 0.02 USD Billion [+]
External Debt 139186.71 140060.24 140060.24 36431.04 USD Million [+]
Foreign Direct Investment 3588.84 3799.56 6776.22 197.17 USD Million [+]
Capital Flows -2378.35 -3125.52 359.83 -6193.64 USD Million [+]
Remittances 506.70 512.20 944.50 162.44 USD Million [+]
Gold Reserves 13.90 18.92 18.92 3.49 Tonnes [+]
Crude Oil Production 878.00 884.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 90.51 109.73 165.96 73.87 points [+]
Terrorism Index 5.91 5.61 7.16 5.58 [+]


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