Top recipient countries of remittances (in billions of US Dollar)

Remittances are playing an increasingly large role in the economies of many countries. They contribute to economic growth and to the livelihoods of less prosperous people (though generally not the poorest of the poor). According to World Bank estimates, remittances will total US $ 585.1 billion in 2016, of which US $ 442 billion[4] went to developing countries that involved 250 million migrant workers.[5] For some individual recipient countries, remittances can be as high as a third of their GDP.[6]

Reference 1: India, China, Philippines, Mexico, France, Nigeria, Egypt, Germany, Pakistan, Bangladesh, Belgium, Vietnam, Ukraine, Spain and Indonesia.

Reference 2: Remittances 2012, Remittances 2013, Remittances 2014, Remittances 2015 and Remittances 2016.

Source: http://en.wikipedia.org/wiki/Remittances