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.