Remittance Receiving Countries | Monex Money Exchange

Earlier remittances to low- and middle-income countries are expected to reach $589 billion in 2021, up 7.3 percent from 2020. Remittances now stand more than threefold above official development assistance and, excluding China, more than 50 percent higher than foreign direct investment. India, China, Mexico, the Philippines, and the Arab Republic of Egypt were the top five remittance recipients in current US dollar terms in 2021.