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28 February 2016

India received $14.3 billion from Pakistan in 3 years

India received an estimated $14.36 billion in remittances from Pakistan in last three years, if World Bank’s ‘analytical estimates’ are to be believed. Interestingly, World Bank itself says this is “not an actual official data” and only “an estimate based on logical assumptions”.
The World Bank’s Migration and Remittances Factbook 2016 says, “India was the largest remittance receiving country, with an estimated $72 billion in 2015, followed by China ($64 billion) and the Philippines ($30 billion).”