India Highest Recipient of Remittances At $79 billion in 2018: World Bank

As per the World Bank Report, India retained its position as the world’s top recipient of remittances with its diaspora sending a whopping USD 79 billion back home in 2018. India was followed by China (USD 67 billion) and Mexico (USD 36 billion).

The Report was titled as ‘World Bank’s Migration and Development Brief’. Over the last three years, India has registered a significant flow of remittances from USD 62.7 billion in 2016 to USD 65.3 billion 2017.

Source- The Moneycontrol

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