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International Migrants Sent Home $600 Billion in 2015

With the civil catastrophes rolling out and international barriers tearing down, international remittances are being at an outstanding scale. The World Bank shares data on migration and remittances each year and the numbers for 2015 were quite impressive. The number of international migrants in 2015 was around 250 million, which an all-time high.

About 250 million international migrants have sent close to $600 billion to their families in their home countries. More than 70% of that sum went to the developing world. As reported, India was the largest remittance receiving country out of the top ten, with an estimated $72 billion in 2015, fo ...

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