India Remains World’s Largest Remittance Recipient

India received about 135 billion US dollars in remittances during 2024-25.

India continued to be the world's largest recipient of remittances during 2024-25 with inflows of around 135 billion US dollars. Remittances play a major role in supporting household consumption and external sector stability. They account for a significant share of India's foreign exchange inflows. The trend highlights the contribution of the Indian diaspora worldwide.