Remittances in Romania increased to 815 EUR Million in the second quarter of 2020 from 811 EUR Million in the first quarter of 2020. source: National Bank of Romania

Remittances in Romania averaged 1052.66 EUR Million from 2005 until 2020, reaching an all time high of 1724 EUR Million in the third quarter of 2008 and a record low of 595 EUR Million in the first quarter of 2017. This page provides - Romania Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Remittances - values, historical data and charts - was last updated on November of 2020.

Remittances in Romania is expected to be 736.81 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Romania to stand at 708.10 in 12 months time. In the long-term, the Romania Remittances is projected to trend around 696.10 EUR Million in 2021 and 690.11 EUR Million in 2022, according to our econometric models.

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Romania Remittances

Actual Previous Highest Lowest Dates Unit Frequency
815.00 811.00 1724.00 595.00 2005 - 2020 EUR Million Quarterly
NSA

Romania Trade Last Previous Highest Lowest Unit
Balance of Trade -1541.00 -1513.90 137.60 -2542.10 EUR Million [+]
Current Account -1438.00 -1254.00 901.00 -2344.00 EUR Million [+]
Current Account to GDP -4.60 -4.50 6.60 -13.60 percent [+]
Exports 6070.70 4598.20 6336.90 143.20 EUR Million [+]
Imports 7611.80 6112.10 8298.30 219.70 EUR Million [+]
External Debt 117224.00 116122.00 117224.00 13078.60 EUR Million [+]
Remittances 815.00 811.00 1724.00 595.00 EUR Million [+]
Gold Reserves 103.65 103.60 105.32 103.60 Tonnes [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Tourist Arrivals 12986.00 1307.00 337836.00 1307.00 Persons [+]
Crude Oil Production 70.00 70.00 146.00 70.00 BBL/D/1K [+]
Foreign Direct Investment 202.00 67.00 2813.00 -1617.00 EUR Million [+]


Romania Remittances
In Romania, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances).