Remittances in Turkey decreased to 13 USD Million in November from 17 USD Million in October of 2019. Remittances in Turkey averaged 164.56 USD Million from 1984 until 2019, reaching an all time high of 574 USD Million in September of 1998 and a record low of 11 USD Million in August of 2019. 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 2020, according to our econometric models.


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Turkey Remittances

Actual Previous Highest Lowest Dates Unit Frequency
13.00 17.00 574.00 11.00 1984 - 2019 USD Million Monthly


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

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -2234.00 -1823.20 24.51 -10453.06 USD Million [+]
Current Account -518.00 1558.00 2626.00 -9407.00 USD Million [+]
Current Account to GDP -3.50 -5.60 1.90 -8.90 percent [+]
Imports 17736.75 17470.98 23245.30 15.00 USD Million [+]
Exports 15502.75 15647.78 15941.22 7.10 USD Million [+]
External Debt 433889.00 446860.00 466845.00 43911.00 USD Million [+]
Terms of Trade 104.56 103.64 147.63 93.96 points [+]
Capital Flows 2371.00 -1840.00 9186.00 -6811.00 USD Million [+]
Foreign Direct Investment 13200.00 10900.00 22046.00 1800.00 USD Million [+]
Remittances 13.00 17.00 574.00 11.00 USD Million [+]
Tourism Revenues 4402.00 5244.00 5244.00 79.00 USD Million [+]
Tourist Arrivals 2190622.00 4291574.00 6617380.00 213998.00 [+]
Gold Reserves 385.45 320.69 385.45 116.00 Tonnes [+]
Terrorism Index 6.53 7.04 7.52 4.62 [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Crude Oil Production 60.00 60.00 72.00 38.00 BBL/D/1K [+]