Remittances in Russia decreased to 631 USD Million in the first quarter of 2021 from 714 USD Million in the fourth quarter of 2020. source: Central Bank of Russia

Remittances in Russia averaged 280.36 USD Million from 2001 until 2021, reaching an all time high of 714 USD Million in the fourth quarter of 2020 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 October of 2021.

Remittances in Russia is expected to be 400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Workers' Remittances is projected to trend around 400.00 USD Million in 2022, according to our econometric models.

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Russia Workers' Remittances

Russia Last Unit Reference Previous Highest Lowest
Balance of Trade 17113.00 USD Million Aug/21 23191.00 23191.00 -203.00
Current Account 40800.00 USD Million Sep/21 18168.00 40800.00 -3774.00
Current Account to GDP 2.40 percent of GDP Dec/20 4.00 18.00 -1.40
Imports 26043.00 USD Million Aug/21 26288.00 32481.00 2525.00
Exports 43156.00 USD Million Aug/21 47504.00 50248.00 4100.00
External Debt 489.20 USD Billion Sep/21 471.40 732.80 151.30
Capital Flows 17553.37 USD Million Jun/21 24892.00 32995.00 -47790.00
Oil Exports 29100.00 USD Million Sep/21 24500.00 49413.00 5303.00
Remittances 631.00 USD Million Mar/21 714.00 714.00 44.00
Foreign Direct Investment 4987.00 USD Million Mar/21 4410.00 40140.00 -3922.00

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