2024 World Migration Report reveals record displaced people, 650% increase in international remittances surpassing foreign direct investment in developing nations' GDP.

The World Migration Report 2024 reveals significant shifts in global migration patterns, including a record number of displaced people and a major increase in international remittances. International remittances increased 650% from $128bn to $831bn between 2000 and 2022, surpassing foreign direct investment in boosting the GDP of developing nations. The World Migration Report 2024, launched by the International Organization for Migration (IOM), highlights international migration as a driver of human development and economic growth.