In 2016, net ODA from member countries of the Development Assistance Committee of OECD rose by 8.9 per cent in real terms to $142.6 billion, reaching a new peak. ODA as a percentage of member countries’ gross national income was 0.32 per cent, up from 0.30 per cent in 2015. The rise in aid spent on refugees in donor countries boosted the total. But even leaving aside refugee costs, aid rose 7.1 per cent. In 2016, Germany joined five other countries — Denmark, Luxembourg, Norway, Sweden and the United Kingdom — in meeting a United Nations target to keep ODA at or above 0.7 per cent of gross national income.
Remittances sent by international migrants to their home countries in the form of personal transfers and compensation of employees have a profound impact on individual families, communities and countries. In 2016, international remittances totalled $575 billion, 75 per cent ($429 billion) of which went to developing countries, according to the latest estimates.