Remittances from Russia by purpose

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Transfers of own funds from Russia exceeded 15.9 billion U.S. dollars in 2021 and remittances without quid pro quo amounted to over 3.4 billion U.S. dollars, respectively. Trust funds had the lowest monetary remittance in the observed period, at 79 million U.S. dollars.

Monetary remittances from Russia in 2021, by purpose (in million U.S. dollars)

Characteristic	Transfers in million U.S. dollars
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Release date

April 2022

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Region

Russia

Survey time period

2021

Supplementary notes

*Transfers of own funds - transfers from an account of a resident individual opened with a resident bank to an account of a resident individual or resident,s close relative opened with a nonresident bank as well as transfers from an account of a resident individual or resident,s close relative opened with a nonresident bank to an account of the same resident individual opened with a resident bank.

** Loans includes disbursement, repayment and interest payments of loans

*** Remittances without quid pro quo - grants, donations, compensations, scholarships, pensions, alimonies, inheritance payments, gifts and other. This item includes all transfers of resident individuals made via payment systems.

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