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Data Starter: Global remittances versus foreign aid in 2021 (World Bank, 2024 data)

Elizabeth Veal

4th February 2025

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What is the relative importance of money sent or brought back by migrants compared to foreign aid?

Using this OurWorldinData chart showing the world’s remittances and foreign aid for 2021, answer the following questions:

  1. What is the difference in $US dollars between the value of remittances and foreign aid in 2021?
  2. Compare the value of contributions of money sent or brought back by migrants to the value of aid.

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.

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