India highest recipient of remittances at $79 billion in 2018, says World Bank

India retained its position as the world's top recipient of remittances. Its diaspora sent a whopping $79 billion back home in 2018, according to the World Bank. India was followed by China ($67 billion), Mexico ($36 billion), the Philippines ($34 billion), and Egypt ($29 billion). Over the last three years, India has registered a significant flow of remittances from $62.7 billion in 2016 to $65.3 billion 2017. Remittances to South Asia grew 12 per cent to $131 billion in 2018, outpacing the six per cent growth in 2017.




Subscribe to Times Of India's Youtube channel here: http://goo.gl/WgIatu

Also Subscribe to Bombay Times Youtube Channel here: http://goo.gl/AdXcgU

Social Media Links:
Facebook : https://www.facebook.com/TimesofIndia
Twitter : https://twitter.com/timesofindia
Google + : https://plus.google.com/u/0/+timesindia/posts