According to the United Nations migration agency's World Migration Report 2024, global migrant remittances saw a significant increase of 650% from $128 billion in 2000 to $831 billion in 2022. India emerged as a standout in this global trend, becoming the first country ever to receive over $111 billion in remittances in a single year. This milestone sets a new global record, with India surpassing all other nations, including China, in terms of remittance inflows. The report highlighted the contributions from 18 million Indians living abroad.
#InGFX: India received over $111 billion in remittances in 2022, becoming the first country to reach and even surpass the $100 billion mark. A look at the world’s top remittance recipients. #India #TopRemittance #Network18Creative https://t.co/u37V7jqJml
India Got Over $111 Billion In Remittances In 2022 - A World Record: UN https://t.co/S4Wzx0ji7h https://t.co/YNjxNkbRet
Indians Set Global Record: First-Ever Country To Surpass $100BN In Remittances Over $111bn was sent back home by Indian expats in 2022 - the largest ever sum, according to a new UN report, topping even China. "India was well above the rest," the report states, adding that 18m… https://t.co/P8K3jgjHxY
India becomes first country to get over $100 billion in remittances https://t.co/zJYWKKO997
India has become the first country to receive over $100 billion in remittances in 2022, according to the United Nations migration agency. The International Organisation for Migration (IOM) revealed in its World Migration Report 2024 that India’s remittances surged to $111… https://t.co/HNihRCzQMC
India received over $111 billion in remittances in 2022, first country to ever reach that figure: UN https://t.co/LRgkqOrhcA
India Becomes 1st Country To Receive Over $100 Billion In Remittances: UN https://t.co/HX8ixZ1CmP https://t.co/CIFBqW68sk
India Leads Global Inbound Remittances https://t.co/bX14EMqiqF
Migrant remittances increased by more than 650% from 2000 to 2022, rising from $128 billion to $831 billion, @UNmigration says in #WMR2024 report. https://t.co/4t6xQTnMZ9
Latin Americans received ~$156 billion in remittances in 2023, more than what the World Bank Group lends every year and more than all the outstanding loans that the IMF has with almost 100 countries I wrote about this financial revolution for @opinion https://t.co/QPXBDLGbO2