Remittances in Turkey increased to 11 USD Million in July from 10 USD Million in June of 2020.

Remittances in Turkey averaged 161.78 USD Million from 1984 until 2020, reaching an all time high of 574 USD Million in September of 1998 and a record low of 8 USD Million in April of 2020. This page provides - Turkey Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Remittances - values, historical data and charts - was last updated on September of 2020. source: Central Bank of the Republic of Turkey

Remittances in Turkey is expected to be 65.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Turkey to stand at 65.00 in 12 months time. In the long-term, the Turkey Remittances is projected to trend around 65.00 USD Million in 2021, according to our econometric models.

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Turkey Remittances

Actual Previous Highest Lowest Dates Unit Frequency
11.00 10.00 574.00 8.00 1984 - 2020 USD Million Monthly

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -2696.87 -2852.41 24.51 -10453.06 USD Million [+]
Current Account -1817.00 -2927.00 3903.00 -9407.00 USD Million [+]
Current Account to GDP 1.20 -2.60 1.90 -8.90 percent [+]
Imports 17708.81 16307.75 23245.30 15.00 USD Million [+]
Exports 15011.94 13455.34 15940.38 7.10 USD Million [+]
External Debt 431034.00 436921.00 467545.00 43911.00 USD Million [+]
Terms of Trade 112.35 109.95 147.63 93.96 points [+]
Capital Flows -3711.00 6719.00 15220.00 -15701.00 USD Million [+]
Foreign Direct Investment 833.00 173.00 6571.00 46.00 USD Million [+]
Remittances 11.00 10.00 574.00 8.00 USD Million [+]
Tourism Revenues 788.00 1479.00 5244.00 79.00 USD Million [+]
Tourist Arrivals 932927.00 214768.00 6617380.00 24238.00 Persons [+]
Gold Reserves 583.00 485.20 583.00 116.00 Tonnes [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Terrorism Index 6.53 7.04 7.52 4.62 [+]
Crude Oil Production 60.00 63.00 72.00 38.00 BBL/D/1K [+]


Turkey Remittances
In Turkey, Remittances refers to net migrants’ and short-term employee income transfers (personal remittances).