In 2019, flows of money sent by residents of the European Union (EU) to non-EU countries, referred to as personal transfers, amounted to €33.2 billion, compared with €30.8 bn in 2018. Inflows to the EU totalled €13.0 bn in 2019, compared with €12.4 bn in 2018. This resulted in a negative balance (-€20.2 bn) for the EU with the rest of the world. The majority of personal transfers consist of flows of money sent by migrants to their country of origin.