India Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
India's remittances received was $149.9B in 2025, ranked 2nd globally. This represents a 8.9% increase from 2024. Data from World Bank, covering 1975–2025.
Overview
India's remittances received stood at $149.9B in 2025, a rise of +$12.3B from 2024. Based on recent trends, this figure is projected to reach $149.9B by 2025. India ranked 2nd globally.
India's remittances received have exhibited a steady upward trend over the past five decades, with the country ranking as the second-largest recipient globally in 2025. The latest figure of 149,949,825,169.62 USD reflects a significant increase from the all-time low of 429,883,697.50 USD in 1975, a year that marked the beginning of India's remittance growth. The European Union, a peer country, has consistently ranked higher in terms of remittance receipts, but India's rapid growth has narrowed the gap. The country's remittances have grown at a remarkable pace, with the latest figure surpassing the European Union's remittance receipts of 165,572,880,442.77 USD in 2025. This growth is largely driven by the increasing number of Indians working abroad, primarily in the Middle East, the United States, and other developed economies. As the global economy continues to evolve, a shift in labor markets or changes in international migration policies could impact the trajectory of India's remittances received.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $177.8B | - | - |
| 2026* trend | $163.9B | - | - |
| 2025* trend | $149.9B | - | - |
| 2025 | $149.9B | +$12.3B | #2 |
| 2024 | $137.7B | +$18.1B | #183 |
| 2023 | $119.5B | +$8.3B | #184 |
| 2022 | $111.2B | +$21.8B | #184 |
| 2021 | $89.4B | +$6.2B | #184 |
| 2020 | $83.1B | −$182.9M | #185 |
| 2019 | $83.3B | +$4.5B | #184 |
| 2018 | $78.8B | +$9.8B | #183 |
| 2017 | $69.0B | +$6.2B | #183 |
| 2016 | $62.7B | −$6.2B | #181 |
| 2015 | $68.9B | −$1.5B | #181 |
| 2014 | $70.4B | +$418.3M | #181 |
| 2013 | $70.0B | +$1.1B | #178 |
| 2012 | $68.8B | +$6.3B | #179 |
| 2011 | $62.5B | +$9.0B | #180 |
Detected Pattern
Analysis
India matched the Fiscal Dominance Trap pattern in 2010. Historically, 72% of countries showing this pattern (278 out of 386) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
India's remittances received was $149.9B in 2025. Ranked 2nd globally. This represents a 8.9% increase from the previous year.
India's remittances received peaked at $149.9B in 2025.
The lowest remittances received in India was $429.9M in 1975.
India ranks 2nd globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
India's remittances received is projected to reach $149.9B by 2025 based on trend extrapolation.
India's remittances received was approximately 149.95 billion ($149.9B) in 2025.
The remittances received of India in 2025 was $149.9B. This ranks 2nd in the world.
Cite this page
@misc{historysaid_india_remittances,
title = {India Remittances Received},
url = {https://historysaid.com/india/remittances/},
publisher = {HistorySaid},
year = {2026}
}