Do you know which country sends the most remittances?
Remittances are a way for those leaving back their countries to reconnect with their beloved ones and helping them by sending back money and according to Forbes, this is how remittances are listed around the world.
With some $583 billion remitted globally last year, the market is absolutely colossal in size. The United States was the top country for remittances in 2014, accounting for 22 percent ($131 billion) of the world’s volume. Saudi Arabia’s huge migrant workforce saw the country send $45 billion in remittances while the United Arab Emirates rounded off the top three with $29 billion.