India Receives Highest Remittances, Trend Will Continue: World Bank
Indian diaspora has retained the top position when it comes to sending money back home this year. With $80 billion of remittance in 2018, India is closely followed by China that received $67 billion, says the World Bank. In 2016, India received $62.7 billion in remittance. By 2017, the number had grown to $65.3 billion, constituting almost 2.7 per cent of the gross domestic product.