Remittances in India increased to 16373.32 USD Million in the third quarter of 2019 from 14641.80 USD Million in the second quarter of 2019. Remittances in India averaged 9968.91 USD Million from 2010 until 2019, reaching an all time high of 16373.32 USD Million in the third quarter of 2019 and a record low of 5999.10 USD Million in the third quarter of 2010. source: Reserve Bank of India

Remittances in India is expected to be 13000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in India to stand at 14000.00 in 12 months time. In the long-term, the India Remittances is projected to trend around 13800.00 USD Million in 2020, according to our econometric models.

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India Remittances

Actual Previous Highest Lowest Dates Unit Frequency
16373.32 14641.80 16373.32 5999.10 2010 - 2019 USD Million Quarterly
NSA


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

India Trade Last Previous Highest Lowest Unit
Balance of Trade -11250.00 -12120.00 258.90 -20210.90 USD Million [+]
Current Account -6253.68 -14180.72 7360.00 -31857.18 USD Million [+]
Current Account to GDP -2.30 -1.90 2.30 -4.80 percent [+]
Imports 38610.00 38110.00 45730.00 117.40 USD Million [+]
Exports 27360.00 25980.00 32550.00 59.01 USD Million [+]
External Debt 557519.00 557057.00 557519.00 96392.00 USD Million [+]
Terms of Trade 73.30 71.10 100.00 57.90 points [+]
Capital Flows -96.61 -818.79 766.97 -818.79 USD Million [+]
Foreign Direct Investment 1175.00 2155.00 8569.00 -1336.00 USD Million [+]
Remittances 16373.32 14641.80 16373.32 5999.10 USD Million [+]
Tourist Arrivals 1091946.00 944233.00 1191147.00 129286.00 [+]
Gold Reserves 618.16 618.16 618.16 357.75 Tonnes [+]
Crude Oil Production 658.00 662.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.52 7.57 8.09 7.22 [+]
Weapons Sales 46.00 56.00 56.00 0.00 USD Million [+]