Remittance flows to low- and middle-income countries are estimated to have increased by 4.9 percent to reach $626 billion in 2022. The strong growth rate is noteworthy, coming as it does after a surge of 10.2 percent in 2021. For the world, remittance flows are expected to reach $794 billion in 2022.
How much does India earn through remittances
Updated: 12 Dec 2022, 04:13 PM IST
TL;DR.
Remittance flows to low- and middle-income countries are estimated to have increased by 4.9 percent to reach $626 billion in 2022. The strong growth rate is noteworthy, coming as it does after a surge of 10.2 percent in 2021. For the world, remittance flows are expected to reach $794 billion in 2022.
First Published: 12 Dec 2022, 02:38 PM IST