Remittances in Indonesia decreased to 2262 USD Million in the second quarter of 2020 from 2600 USD Million in the first quarter of 2020. source: Bank Indonesia

Remittances in Indonesia averaged 1943.05 USD Million from 2005 until 2020, reaching an all time high of 2898.41 USD Million in the second quarter of 2019 and a record low of 1202 USD Million in the second quarter of 2005. This page provides the latest reported value for - Indonesia Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Indonesia Remittances - values, historical data and charts - was last updated on November of 2020.

Remittances in Indonesia is expected to be 2530.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Indonesia to stand at 2950.00 in 12 months time. In the long-term, the Indonesia Remittances is projected to trend around 3353.00 USD Million in 2021 and 3670.00 USD Million in 2022, according to our econometric models.

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Indonesia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
2262.00 2600.00 2898.41 1202.00 2005 - 2020 USD Million Quarterly

Indonesia Trade Last Previous Highest Lowest Unit
Balance of Trade 3606.80 2390.40 4641.92 -2329.13 USD Million [+]
Current Account 964.00 -2944.20 3795.00 -10125.60 USD Million [+]
Current Account to GDP -2.70 -3.00 4.80 -6.80 percent [+]
Imports 10785.00 11570.10 18297.15 21.00 USD Million [+]
Exports 14391.80 13960.50 18647.83 30.00 USD Million [+]
External Debt 408524.80 408592.91 408592.91 119594.10 USD Million [+]
Terms of Trade 99.16 101.93 117.70 77.43 points [+]
Foreign Direct Investment 106.10 105.00 112.00 35.40 IDR Trillion [+]
Remittances 2262.00 2600.00 2898.41 1202.00 USD Million [+]
Tourist Arrivals 153498.00 163185.00 1547231.00 153498.00 [+]
Gold Reserves 78.57 78.60 96.45 73.09 Tonnes [+]
Crude Oil Production 705.00 710.00 1720.00 651.00 BBL/D/1K [+]
Terrorism Index 5.07 4.54 6.55 3.92 [+]
Tourism Revenues 97.59 88.43 4722.71 88.43 USD Million [+]
Weapons Sales 8.00 15.00 94.00 1.00 USD Million [+]
Capital Flows 1041.96 10523.78 15903.81 -9456.20 USD Million [+]


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