Where remittances arrive
Five countries were expected to receive the largest remittance inflows in 2024: India ~$129B, Mexico ~$68B, China ~$48B, the Philippines ~$40B, and Pakistan ~$33B.
Recipients · 2024 estimates
138 billion US dollars, India on the 2024 map
- India, 2024 estimate
- ~$129 billion
- Mexico, 2024 estimate
- ~$68 billion
- China, 2024 estimate
- ~$48 billion
- Philippines, 2024 estimate
- ~$40 billion
- Pakistan, 2024 estimate
- ~$33 billion
What the list is
Estimated 2024 inflows in US dollars to the largest receiving countries among low- and middle-income economies, from the World Bank PeopleMove update of 18 December 2024. Migration and Development Brief 40’s 2023 ranking was the same five names in the same order (India $120B · Mexico $66B · China $50B · Philippines $39B · Pakistan $27B).
Why it matters
Large absolute receipts shape national foreign-exchange markets and household incomes in the biggest origin-destination systems: especially India-Gulf/OECD, Mexico-United States, and the Philippines’ long-standing overseas-worker corridors.
How to read it
Ranking by dollar volume shows where the most money arrives; dependence on remittances is measured as a share of GDP. China can rank high in dollars while remittances are a small share of its GDP; a small island economy can sit far down this list and still be highly dependent.
Map: personal remittances received, 2024, World Bank World Development Indicators. These figures follow balance-of-payments definitions and differ from the estimates in the list.
Sources
- World Bank: World Development Indicators, personal remittances received (current US dollars)
- World Bank PeopleMove: remittance flows to low- and middle-income countries, 18 December 2024
- World Bank: Migration and Development Brief 40 (June 2024)
- World Bank: press release, 26 June 2024: Remittances Slowed in 2023, Expected to Grow Faster in 2024