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WHO Report: India was top remittance recipient in 2021 receiving $87 billion

WHO Report: India was top remittance recipient in 2021 receiving $87 billion_60.1

India was the top recipient country for remittances inflows in 2021, in current US dollars, among the low and middle-income countries, according to a report released by World Health Organisation. India received remittances worth US$ 87 billion in 2021, as per the “first World report on the health of refugees and migrants”.

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Key points of the report:

  • China ($53 billion), Mexico ($53 billion), the Philippines ($36 billion) and Egypt ($33 billion) were the top five nations in the list.
  • The United States was the largest source country for remittances in 2020, followed by the United Arab Emirates, Saudi Arabia and Switzerland. Remittances increase or maintain consumer spending and soften the blow of economic hardship, such as during the COVID-19 pandemic.

About the WHO World report:

  • The first WHO World report on the health of refugees and migrants said that today about one in eight people in the world, some one billion, are migrants.
  • The report by the specialised agency of the United Nations responsible for international public health said that in 2021 the top five remittance recipients in current US dollars were India, China, Mexico, the Philippines and Egypt.
  • The economic recovery in 2021 followed the resilience of remittance flows seen in 2020, which declined by a modest 1.7 per cent to USD 549 billion in the face of one of the deepest global recessions.

Important takeaways for all competitive exams:

  • WHO Director-General: Dr. Tedros Adhanom Ghebreyesus;
  • WHO Headquarters: Geneva, Switzerland;
  • WHO Founded: 7 April 1948.

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WHO Report: India was top remittance recipient in 2021 receiving $87 billion_70.1
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