India again tops world’s remittance receiving nation list in 2018: World Bank
- India has retained its spot as the world’s top remittance receiving nation with Indian diaspora sending back USD 79 billion to India in 2018. This is according to the World Bank’s Migration and Development Report.
- India is followed by, 2nd- China ($67 billion), 3rd- Mexico ($36 billion), 4th-The Philippines ($34 billion) and 5th- Egypt ($29 billion)
- Remittance to India in 2018 increased by more than 14%.
Points to remember:
- Top remittance receiving nation as per World Bank?
- Remittance received by India in 2018 as per World Bank?