According to the World Bank, India has surpassed Mexico as the top remittance receiving country in 2021, pushing China to third place. In 2021, India received remittances totaling more than $89 billion, an increase of 8% above the $82.73 billion received in 2020. Despite the fact that the world was significantly hit by Covid in 2020, remittances were somewhat higher than the $82.69 billion in the non-Covid year of 2019.
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