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$23 Billion on Call

By LIFS February 2, 2007 at 10:22 AM
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India is the largest recipient of overseas worker remittances in the world, edging out China and Mexico. In 2006, India received $23.5 billion in remittances from NRIs, of which almost half was in bank deposits, stocks and Real Estate.










Worker Remittances 2004 
India  $21.7 billion
 China  $21.3 billion
 Mexico  $18.1 billion
 France  $12 billion
 Philippines   $12 billion
 Pakistan  $3.9 billion
 Bangladesh  $3.4 billion


Source: World Bank 

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Odds & Ends | Magazine | February 2007

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