Remittances in Turkey decreased to 13 USD Million in December from 20 USD Million in November of 2020. source: Central Bank of the Republic of Turkey

Remittances in Turkey averaged 160.20 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 March of 2021.

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 2022, according to our econometric models.

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Turkey Remittances

Actual Previous Highest Lowest Dates Unit Frequency
13.00 20.00 574.00 8.00 1984 - 2020 USD Million Monthly

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -3034.04 -4532.79 24.51 -10453.06 USD Million [+]
Current Account -3210.00 -3633.00 3779.00 -9407.00 USD Million [+]
Current Account to GDP 1.20 -2.60 1.90 -8.90 percent [+]
Imports 18079.38 22385.20 23245.30 15.00 USD Million [+]
Exports 15045.34 17852.41 17852.41 7.10 USD Million [+]
External Debt 435121.00 421826.00 467545.00 43911.00 USD Million [+]
Terms of Trade 104.85 105.19 147.63 93.96 points [+]
Capital Flows -2490.00 -1054.00 7529.00 -9572.00 USD Million [+]
Foreign Direct Investment 1027.00 260.00 6571.00 46.00 USD Million [+]
Remittances 13.00 20.00 574.00 8.00 USD Million [+]
Tourism Revenues 3914.00 4044.00 14031.00 294.00 USD Million [+]
Tourist Arrivals 509787.00 699330.00 6617380.00 24238.00 Persons [+]
Gold Reserves 544.15 561.03 583.00 116.00 Tonnes [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Terrorism Index 6.11 6.53 7.52 4.62 [+]
Crude Oil Production 64.00 64.00 72.00 38.00 BBL/D/1K [+]


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