Remittances in Israel decreased to 1254.80 USD Million in the fourth quarter of 2020 from 1266 USD Million in the third quarter of 2020. source: Central Bureau of Statistics, Israel

Remittances in Israel averaged 718.12 USD Million from 1985 until 2020, 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 2021.

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 2022 and 1278.25 USD Million in 2023, according to our econometric models.

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Israel Remittances

Actual Previous Highest Lowest Dates Unit Frequency
1254.80 1266.00 1541.60 46.60 1985 - 2020 USD Million Quarterly
NSA

Israel Trade Last Previous Highest Lowest Unit
Balance of Trade -2799.90 -2731.00 113.80 -3082.60 USD Million [+]
Current Account 5105.70 5270.20 5270.20 -1750.20 USD Million [+]
Current Account to GDP 4.90 3.10 5.30 -8.40 percent [+]
Imports 7012.80 7260.00 7591.40 33.10 USD Million [+]
Exports 4212.90 4529.00 5848.30 10.80 USD Million [+]
External Debt 132489.30 123810.10 132489.30 18963.00 USD Million [+]
Terms of Trade 93.30 93.98 120.76 87.22 points [+]
Capital Flows 6153.70 9267.20 9267.20 -3525.60 USD Million [+]
Foreign Direct Investment 71856.60 64226.10 71856.60 -10028.10 USD Million [+]
Remittances 1254.80 1266.00 1541.60 46.60 USD Million [+]
Tourist Arrivals 30.20 6.70 485.75 0.60 Thousand [+]
Crude Oil Production 0.30 0.30 0.39 0.06 BBL/D/1K [+]
Terrorism Index 4.52 4.53 6.86 4.52 [+]
Weapons Sales 345.00 363.00 1464.00 4.00 USD Million [+]


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