Migration to nations within the Organization for Economic Cooperation and Development (OECD) slightly declined in 2024, with the steepest drops occurring across several European Union states, according to a report released Monday.

The OECD International Migration Outlook 2025 showed that around 6.2 million people settled permanently in OECD member countries last year - a 4% fall compared to 2023, following three consecutive years of growth.

Despite the drop, overall migration remained historically high, standing 15% above pre-pandemic levels.

"Migration flows to OECD countries help address labor shortages and support the resilience of OECD economies," Mathias Cormann, the group's secretary general, said during the report's presentation in Belgium.

US sees increase