Remittances in Indonesia increased to 2898.41 USD Million in the second quarter of 2019 from 2784.40 USD Million in the first quarter of 2019.

Remittances in Indonesia averaged 1894.04 USD Million from 2005 until 2019, 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. source: Bank Indonesia

Remittances in Indonesia is expected to be 2710.00 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 2500.00 in 12 months time. In the long-term, the Indonesia Remittances is projected to trend around 2610.00 USD Million in 2020, according to our econometric models.

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Indonesia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
2898.41 2784.40 2898.41 1202.00 2005 - 2019 USD Million Quarterly

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