Answer
India
Explanation
India ranks top in the world by receiving $137 billion in remittances in 2024.
Key Points
- > India is the first country to cross $100 billion
- > Mexico is in second place
- > IOM publishes this report
Additional Information
- IOM or International Organization for Migration was established in 1951.
- Its headquarters is in Geneva, Switzerland.
- Remittance refers to money sent by migrants to their home country.
| Country | Remittance (2024) | Rank |
|---|---|---|
| India | $137 Billion | 1st |
| Mexico | $68 Billion | 2nd |