Which organization released the ‘Migration and Development Brief’ report?
World Bank
2024 June
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4.25/5 |
India, the largest remittance recipient globally, is expected to receive $124 billion in inward remittances in 2024 and $129 billion in 2025. In 2023, India received $120 billion, marking a 7.5% growth rate, projected to be 3.7% in 2024. The World Bank’s June 2024 Migration and Development Brief highlights these trends, noting India as the leading emigrant origin country with 18.7 million emigrants.