The 2020 Global Philanthropy Tracker (GPT) provides an updated estimate of the amount of cross-border philanthropy that occurred in 2018 or the most recent year for which data are available.
It further compares cross-border philanthropy to three other cross-border resource flows: official development assistance (ODA), remittances, and private capital investment.
In 2018, the 47 economies included in the report contributed USD 68 billion inphilanthropic outflows.
With $68 billion in cross-border giving alone, GPT finds that the impact of private philanthropy—foundations, corporations, and individuals—is roughly equivalent to the 74th largest economy in the world by 2018 GDP. In total, private sources including cross-border giving, private capital investment, and remittances, contributed a total of $658 billion in 2018, nearly four times the amount of ODA.