India: Remittances

* indicates monthly or quarterly data series

Remittances, million USD

 Latest value 82977.28
 Reference 2021
 Measure million U.S. dollars
 Source The World Bank

For that indicator, we provide data for India from 1975 to 2021. The average value for India during that period was 24939.86 million U.S. dollars with a minimum of 429.88 million U.S. dollars in 1975 and a maximum of 82977.28 million U.S. dollars in 2021. The latest value from 2021 is 82977.28 million U.S. dollars. For comparison, the world average in 2021 based on 89 countries is 4566.00 million U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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Remittances are the money sent home by people who work in a foreign country. These are, for example, the money sent to Mexico by Mexican workers in the U.S.

Definition: Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.
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