India has once again emerged as the world’s largest recipient of remittances, receiving over $137 billion in 2024, according to a UN report. These funds sent by millions of Indians working abroad continue to play a crucial role in strengthening household incomes, boosting consumption, and supporting the country’s external economy. The steady inflow highlights India’s deep global workforce connections and its growing economic resilience in an uncertain world.


India Tops Global Remittances: Record $137 Billion Inflows Power External Economy in 2024 

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India Tops Global Remittances: Record $137 Billion Inflows Power External Economy in 2024