India Highest Recipient of International Remittances in 2018
The World Migration Report 2020 published by the Geneva-based International Organization for Migration has reported India as the top beneficiaries of international remittances in the world.
According to the report published on 27, November 2019, a total of USD 689 billion has been sent back home by the migrants as international remittances in the year 2018.
Out of the total, India is the highest beneficiary with USD 78.6 billion, followed by China with USD 67.4 billion, Mexico USD 35.7 billion and the Philippines with USD 64 billion are the top four countries in the list.
The highest remittance was issued by The United States with USD 68 billion followed by United Arab Emirates(UAE) with USD 44,4 billion and Saudi Arabia with USD 36.1 billion have been the top three countries in terms of remittances issued in the year 2018.
Category: Reports & Indexes Current Affairs
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