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India leads global remittances in 2024 with 138 billion as high skilled migration accelerates

Economy
Published on 8 May 2026
India leads global remittances in 2024 with 138 billion as high skilled migration accelerates

Most money still comes from US and UAE, but

India topped the world in remittance inflows in 2024, pulling in $138 billion, according to the latest figures. The amount is supported by a diaspora of about 19 million and a decade-long rise in outbound work. The report also flags a shift toward high-skilled migration, especially in technology and healthcare, reshaping where earnings originate.

  • India received $138 billion in remittances in 2024
  • A 19 million strong diaspora drives the inflow
  • Earnings largely tied to professionals in the US and UAE
  • Migration trends are moving toward high skilled roles
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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