11 May 2026
India tops global remittances list for 4th year, crosses $135 billion
UPSC
Banking
Economy
International Relations
Summary
World Bank's Migration and Development Brief: India remained the top remittance recipient globally for the fourth consecutive year, with inflows crossing $135 billion in 2025-26. Major sources: USA, UAE, Saudi Arabia, UK.
Why it matters
UPSC GS-3 (Economy), Banking. Remittances stabilize India's current account; almost 3% of GDP. Note linkage with diaspora policy and bilateral worker pacts.