Remittances in Israel increased to 1280 USD Million in the fourth quarter of 2019 from 1164.30 USD Million in the third quarter of 2019.

Remittances in Israel averaged 704.30 USD Million from 1985 until 2019, reaching an all time high of 1541.60 USD Million in the second quarter of 2016 and a record low of 46.60 USD Million in the third quarter of 1985. This page provides - Israel Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Remittances - values, historical data and charts - was last updated on May of 2020.

Remittances in Israel is expected to be 1281.63 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Israel to stand at 1276.43 in 12 months time. In the long-term, the Israel Remittances is projected to trend around 1278.50 USD Million in 2021 and 1278.25 USD Million in 2022, according to our econometric models.

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Israel Remittances

Actual Previous Highest Lowest Dates Unit Frequency
1280.00 1164.30 1541.60 46.60 1985 - 2019 USD Million Quarterly
NSA

Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -1788.20 -1962.30 113.80 -3085.80 USD Million [+]
Current Account 3455.20 2860.30 4385.90 -1750.20 USD Million [+]
Current Account to GDP 1.90 2.60 5.30 -8.40 percent [+]
Imports 4588.30 5979.50 7243.20 33.10 USD Million [+]
Exports 2800.10 4017.20 5848.30 10.80 USD Million [+]
External Debt 103426.80 98329.20 115301.00 18963.00 USD Million [+]
Terms of Trade 96.89 98.05 120.76 87.22 points [+]
Capital Flows 4265.10 445.20 8287.10 -3525.60 USD Million [+]
Foreign Direct Investment 55845.20 51120.80 55845.20 -10028.10 USD Million [+]
Remittances 1280.00 1164.30 1541.60 46.60 USD Million [+]
Tourist Arrivals 0.50 80.70 485.70 0.50 Thousand [+]
Terrorism Index 4.53 4.58 6.86 4.53 [+]
Weapons Sales 707.00 1254.00 1441.00 4.00 USD Million [+]
Crude Oil Production 0.30 0.39 0.39 0.06 BBL/D/1K [+]


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