How much money is coming from abroad every year in India and from which countries, it is often discussed. Actually, these money shows how many Indian migrants live abroad. RBI has released the data related to this in its bulletin, which shows that a total of $ 118.7 billion came in India in the year 2023-24.
Money coming from which Gulf countries in India?
According to RBI Bulletin 2025, the Gulf Cooperation Council, including the total funds sent to India in 2023-24, included the United Arab Emirates, Saudi Arabia, Qatar, Oman and Bahrain, stake in the stake of around 38 per cent. That is, the total foreign money came to India, 38 percent of $ 118.7 billion, has come from these Gulf countries. Now if we remove 38 percent of $ 118.7 billion, then it will be $ 45.10 billion. Now when we convert it to Indian rupees, it will be 3,896.3 billion Indian rupees.
Which country is on top
The United Arab Emirates (UAE) in Gulf countries, United Arab Emirates, Saudi Arabia, Qatar, Oman and Bahrain is number 1 in the case of sending money to India. That is, overseas Indians living in UAE send more money than migrants living in other Gulf countries in their country. Let us tell you, UAE’s stake in the total remedies sent to India in 2020-21 was 18 percent, which increased to 19.2 percent in 2023-24. Actually, UAE is the largest center of Indian migrant workers. Apart from this, most of the migrant construction industry, healthcare, hospitality and tourism sector work here. & Nbsp;
However, the United Arab Emirates is the number 1 in the case of Gulf countries. But, when you see the list of countries around the world, you will know that America is at number 1 in terms of remedies. That is, India comes to India the most money from America. In March 2025 Bulletin of RBI & lsquo; changing dynamics of India’s remittance & rsquo; It is revealed that the US has the highest 27.7 per cent stake in the total money sent to India in 2023-24, while in 202-21 it had 23.4 per cent share.
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