Russia: Remittances

* indicates monthly or quarterly data series

Remittances, million USD

 Latest value 5780.01
 Year 2021
 Measure million U.S. dollars
 Data availability 2001 - 2021
 Average 2729.58
 Min - Max 231.67 - 6416.79
 Source The World Bank
For that indicator, we provide data for Russia from 2001 to 2021. The average value for Russia during that period was 2729.58 million U.S. dollars with a minimum of 231.67 million U.S. dollars in 2002 and a maximum of 6416.79 million U.S. dollars in 2019. The latest value from 2021 is 5780.01 million U.S. dollars. For comparison, the world average in 2021 based on 137 countries is 3632.84 million U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Russia - Remittances - recent values

Historical chart
Russia - Remittances - historical chart - 2001-2021

Remittances are the money sent home by people who work in a foreign country. These are, for example, the money sent to Mexico by Mexican workers in the U.S.
Definition: Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.

 Related indicators Latest value Reference Measure
 Terms of trade 115.25 2021 percent
 Trade openness 43.77 2022 percent
 Exports, percent of GDP 28.19 2022 percent
 Exports, billion dollars 631.55 2022 billion U.S. dollars
 Growth of exports -13.89 2022 percent
 Imports, percent of GDP 15.59 2022 percent
 Imports, billion dollars 349.17 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -1.79 2022 percent
 Foreign Direct Investment, billion dollars -40.04 2022 billion U.S. dollars
 Portfolio investment inflows, equities -18,591.26 2022 million dollars (current)
 Current account, percent of GDP 10.52 2022 percent
 Current account, in dollars 237.88 2022 billion U.S. dollars
 Trade balance, percent of GDP 12.60 2022 percent
 Trade balance, in dollars 293.31 2022 billion U.S. dollars
 Reserves 581.71 2022 billion U.S. dollars
 Remittances, percent of GDP 0.15 2022 percent
 Remittances 5,780.01 2021 million U.S. dollars
 Net errors and omissions -3,695.08 2022 million USD
 External debt 17.12 2022 percent
 Short-term external debt 17.43 2022 percent
 Short-term debt to reserves 11.27 2022 percent
 Foreign exchange reserves 569.02 9/2023 billion
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