India has topped the list of remittance recipient countries in the world, with a total of $125 billion sent by Indians living in different parts of the world to their families in India. According to a report by the World Bank, Mexico and China stand in second and third place with a remittance inflow of $67 billion and $50 billion respectively. As per the report, the total remittance flow to low- and middle-income countries amounted to $669 billion in 2023. The money sent from these three countries amounts to 36 percent of India's total remittance inflow. If these estimates come true, India's total remittance inflow will be $135 billion in 2024.

Source: Forbes December 19, 2023 11:13 UTC