Remittances to India, sending money to India

India remittance statistics

Remittances to India are money transfers from Non-resident Indians (NRIs), employed outside the country to family, friends or relatives in India. NRI remittance is one of the biggest source of foreign exchange for India and helps India foreign exchange reserves. Sending money to India has become easy with different banking offering these services online. India is the world's leading receiver of remittances, claiming more than 12% of the world's remittances in 2016

Source Countries
Country Money Sent (US$ millions)
United Arab Emirates $12,575
United States $10,657
Saudi Arabia $10,225
Pakistan $4,693
Kuwait $4,173
Qatar $3,769
United Kingdom $3,585
Nepal $3,22
Canada $2,617
Australia $1,768
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