India got 14.3% of global remittances in 2024, its highest ever
For many low-and middle-income countries, remittances act as a major source of income. In 2024, India received an estimated $129.1 billion worth of remittances, the highest ever for a country in any year. Moreover, India’s share in global remittances was 14.3% this year, the highest such share since the turn of the millennium for any…
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