India remained the world’s largest recipient of remittances in 2024 with inflows reaching $138 billion, according to the World Migration Report 2026 released by the International Organization for Migration. The report said India was the only country to cross the $100-billion remittance mark, highlighting the economic contribution of its global diaspora estimated at around 19 million people. According to the report, remittance inflows into India increased sharply over the last decade, rising from nearly $53 billion in 2010 to more than $137 billion in 2024.