Remittances in Russia increased to 584 USD Million in the fourth quarter of 2019 from 566 USD Million in the third quarter of 2019.

Remittances in Russia averaged 256.97 USD Million from 2001 until 2019, reaching an all time high of 584 USD Million in the fourth quarter of 2019 and a record low of 44 USD Million in the first quarter of 2002. This page provides the latest reported value for - Russia Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Workers' Remittances - values, historical data and charts - was last updated on June of 2020. source: Central Bank of Russia

Remittances in Russia is expected to be 370.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Russia to stand at 400.00 in 12 months time. In the long-term, the Russia Workers' Remittances is projected to trend around 400.00 USD Million in 2021, according to our econometric models.

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Russia Workers' Remittances

Actual Previous Highest Lowest Dates Unit Frequency
584.00 566.00 584.00 44.00 2001 - 2019 USD Million Quarterly
Current Prices, NSA

Russia Trade Last Previous Highest Lowest Unit
Balance of Trade 9313.00 9664.00 20356.00 -203.00 USD Million [+]
Current Account 21700.00 10160.00 39286.00 -3774.00 USD Million [+]
Current Account to GDP 7.00 2.10 18.00 -1.40 percent [+]
Imports 20299.00 18460.00 32481.00 2525.00 USD Million [+]
Exports 29612.00 28124.00 50248.00 4100.00 USD Million [+]
External Debt 450.00 481.50 732.80 151.30 USD Billion [+]
Capital Flows 10370.26 8601.95 32845.00 -47789.81 USD Million [+]
Gold Reserves 2299.20 2241.86 2299.20 343.41 Tonnes [+]
Crude Oil Production 10884.00 10880.00 11051.00 5707.00 BBL/D/1K [+]
Remittances 584.00 566.00 584.00 44.00 USD Million [+]
Terrorism Index 4.90 5.23 7.21 4.90 [+]
Weapons Sales 6409.00 5741.00 8690.00 1477.00 USD Million [+]
Foreign Direct Investment 5885.00 8961.00 40140.00 -3922.00 USD Million [+]


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