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Home > All news > Economy > India becomes 1st country to receive over $100 Billion in remittances : UN

India becomes 1st country to receive over $100 Billion in remittances : UN

May 10, 2024
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NEW YORK : India received over USD 111 billion in remittances in 2022, the largest in the world, becoming the first country to reach and even surpass the USD 100 billion mark, the United Nations migration agency has said.

The International Organisation for Migration (IOM), in its World Migration Report 2024 launched recently, said that in 2022, India, Mexico, China, the Philippines and France were the top five remittance recipient countries.

India was well above the rest, receiving more than USD 111 billion . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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