Saturday, November 22, 2025

The Truth Banishes Fear!

Menu
  • June 17, 2024

Ranked: The Countries Receiving the Most Remittances From Abroad

The New Diplomat
Writer

Ad

Nigeria’s Return to the 2014 Nightmare

By Farooq A. Kperogi The events and atmospherics of the past few days in Nigeria feel eerily and frighteningly familiar. They are redolent of the disabling instability and helplessness (and more) of 2014 and 2015 when Goodluck Jonathan was president. Three crises are unfolding in near synchrony. One, there’s a resurgence of Boko Haram activities.…

November 22, 2025 • Opinion

The Rot In Our Security Architecture And Other Matters…

By Fred Chukwuelobe Our security architecture is so rotten and that is why the fight against banditry and other criminal activities may not yeild the desired results and may fester for a long time to come. 1. The appointment of officers is so skewed in favour of tribe and political considerations than on competence and…

November 22, 2025 • Opinion

“Some Enemies Are Working Against Govt,” Kebbi Gov Raises Alarm on Schoolgirls’ Abduction 

By Abiola Olawale Kebbi State Governor Nasir Idris has publicly challenged the Nigerian military, demanding a full investigation to identify the officer who ordered the withdrawal of troops from the Government Girls' Comprehensive Secondary School, Maga, in the Danko-Wasagu Local Government Area, just before the attack. ​The governor's query comes after bandits invaded the Government…

November 21, 2025 • News

Ad

By Pallavi Rao

We chart the top countries by money received from abroad, in current U.S. dollars, based on 2000-2023 data from Knomad.

Specifically, these transfer totals shown represent personal remittances, or money sent between residents and non-residents, including personal transfers and compensation for work done abroad. It does not include, and is separate from, foreign investment.

Top 10 Countries by Personal Remittances Received (2000-2023)

The Indian diaspora—measuring nearly 18 million people—collectively sent more than $125 billion back to the country in 2023. In fact, India became the first country to ever receive more than $100 billion in personal remittances in 2022.

Top Countries Receiving
Money From Abroad		 2000 Top Countries Receiving
Money From Abroad		 2023e
🇮🇳 India $13B 🇮🇳 India $125B
🇫🇷 France $9B 🇲🇽 Mexico $67B
🇲🇽 Mexico $8B 🇨🇳 China $50B
🇵🇭 Philippines $7B 🇵🇭 Philippines $40B
🇬🇧 UK $5B 🇫🇷 France $34B
🇹🇷 Türkiye $5B 🇵🇰 Pakistan $24B
🇰🇷 South Korea $5B 🇪🇬 Egypt $24B
🇺🇸 U.S. $4B 🇧🇩 Bangladesh $23B
🇵🇹 Portugal $4B 🇳🇬 Nigeria $21B
🇩🇪 Germany $4B 🇬🇹 Guatemala $20B

Note: 2023 figures are estimates. All numbers rounded.

For context, India’s remittances received adds to more than the next two countries, Mexico ($67 billion) and China ($50 billion) combined.Meanwhile, over the last two decades, the top 10 has seen a major shift. Countries from Europe have fallen out, replaced by Asian and African countries with big diaspora communities.

And the countries they’ve replaced—France, UK, Germany—are now some of the top destinations for immigration, from where remittances are usually sent.

The UN states that at least one in nine people globally are supported by funds received from abroad, and half of the amount ends up in rural areas, where some of the world’s poorest people live. This also makes remittances three times more important than international aid.

On a global scale, personal inbound remittances have risen seven times between 2000 and 2023.

Credit: Visual Capitalist

Ad

X whatsapp