Remittances in Colombia decreased to 563.80 USD Million in January from 662.30 USD Million in December of 2020. source: Banco de la Republica, Colombia

Remittances in Colombia averaged 417.93 USD Million from 1996 until 2021, reaching an all time high of 944.50 USD Million in December of 2004 and a record low of 162.44 USD Million in June of 1998. This page provides - Colombia Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Remittances - values, historical data and charts - was last updated on May of 2021.

Remittances in Colombia is expected to be 645.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Colombia to stand at 610.00 in 12 months time. In the long-term, the Colombia Remittances is projected to trend around 630.00 USD Million in 2022 and 700.00 USD Million in 2023, according to our econometric models.

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Colombia Remittances

Actual Previous Highest Lowest Dates Unit Frequency
563.80 662.30 944.50 162.44 1996 - 2021 USD Million Monthly
NSA

Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.96 -1.20 0.81 -1.97 USD Billion [+]
Current Account -3114.00 -1774.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -3.40 -4.30 4.10 -6.30 percent [+]
Imports 3.90 3.82 6.08 0.28 USD Billion [+]
Exports 3.33 2.94 5.71 0.02 USD Billion [+]
External Debt 156834.44 154968.01 156834.44 36431.04 USD Million [+]
Foreign Direct Investment 2211.23 588.62 6776.22 197.17 USD Million [+]
Capital Flows -2509.39 -1181.22 359.83 -6193.64 USD Million [+]
Remittances 563.80 662.30 944.50 162.44 USD Million [+]
Gold Reserves 4.14 4.14 18.92 3.49 Tonnes [+]
Crude Oil Production 745.40 826.05 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 127.99 127.36 165.96 73.87 points [+]
Terrorism Index 6.10 5.91 7.16 5.58 [+]


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