Datastream
1.6 Billion Disposable Masks Entered Our Oceans in 2020
The Briefing
- 52 billion disposable face masks were produced in 2020 (this includes N95 respirators and surgical masks)
- It’s estimated that 1.6 billion of these masks ended up in our oceans
- This equates to roughly 5,500 tons of plastic pollution
Demand for Disposable Masks Skyrockets in 2020
Following the World Health Organization’s formal declaration of the COVID-19 pandemic, governments around the world quickly mandated the use of face masks in public spaces.
This led to a massive demand shock, prompting factories to begin producing disposable masks at full capacity. The majority of these masks were produced in China, and in April 2020, the country reported a staggering daily production figure of 450 million masks.
Plastic Pollution: A Lesser Known Side Effect
In Ocean Asia’s 2020 report, Masks on the Beach, researchers developed a formula to provide reasonable estimates for the number of disposable masks entering the environment.
Given an annual production figure of 52 billion disposable masks and a loss rate of 3% (the percentage of masks that escape water management systems), the team concluded that nearly 1.6 billion face masks wound up in our oceans in 2020. This amounts to approximately 5,500 tons of plastic pollution.
These masks are commonly made of polypropylene, which easily breaks up into microplastics. While the effects of microplastics on human health are not yet determined, these fragments are incredibly common in our water supply—for example, 94% of U.S. tap water is deemed to be contaminated.
Disposable Doesn’t Mean They’re Gone
Despite their single-use nature, disposable masks are expected to take more than four centuries to decompose while in the ocean. Here’s how this compares to other items we use on a day-to-day basis.
Item | Years Needed to Biodegrade |
---|---|
Disposable masks | 450 |
Disposable diaper | 450 |
Plastic bottle | 450 |
Aluminum can | 200 |
Styrofoam cup | 50 |
Plastic grocery bag | 20 |
Cigarette butt | 10 |
The pandemic has extended well into 2021, and the number of disposable masks polluting our oceans is likely to continue growing.
With this in mind, various companies and organizations are beginning to search for a solution. One noteworthy example is Plaxtil, which is developing a method for recycling surgical masks so that the raw materials can be used for other products.
»Like this? Then you might enjoy this infographic on the flow of plastic waste.
Where does this data come from?
Source: Oceans Asia, Statista, Plastic Collectors
Datastream
Charting the Rise of Cross-Border Money Transfers (2015-2023)
With over 280 million immigrants transferring billions of dollars annually, the remittance industry has become more valuable than ever.

The Briefing
- 79% of remittance payments in 2022 were made to low and middle-income countries.
- Borderless, low-cost money transfer services like those provided by Wise can help immigrants support their families.
The Rise of Cross-Border Money Transfers
The remittance industry has experienced consistent growth recently, solidifying its position as a key component of the global financial landscape. Defined as the transfer of money from one country to another, usually to support a dependent, remittances play a pivotal role in providing food, healthcare, and education.
In this graphic, sponsored by Scottish Mortgage, we delve into the growth of the remittance industry, and the key factors propelling its success.
Powered by Immigration
With over 280 million immigrants worldwide, the remittance industry has an important place in our global society.
By exporting billions of dollars annually back to their starting nations, immigrants can greatly improve the livelihoods of their families and communities.
This is particularly true for low and middle-income countries, who in 2022 received, on average, 79% of remittance payments, according to Knomad, an initiative of the World Bank.
Year | Low/Middle Income (US$ Billion) | World Total (US$ Billion) |
---|---|---|
2015 | $447B | $602B |
2016 | $440B | $596B |
2017 | $477B | $638B |
2018 | $524B | $694B |
2019 | $546B | $722B |
2020 | $542B | $711B |
2021 | $597B | $781B |
2022 | $626B | $794B |
2023 | $639B | $815B |
India is one of the global leaders in receiving remittance payments. In 2022 alone, over $100 billion in remittances were sent to India, supporting many families.
Enter Wise
As the global remittance industry continues to grow, it is important to acknowledge the role played by innovative money transfer operators like Wise.
With an inclusive, user-centric platform and competitive exchange rates, Wise makes it easy and cost-effective for millions of individuals to send money home, worldwide.
Connection Without Borders
But Wise doesn’t just offer remittance solutions, the company offers a host of account services and a payment infrastructure that has helped over 6.1 million active customers move over $30 billion in the first quarter of 2023 alone.
Want to invest in transformative companies like Wise?
Discover Scottish Mortgage Investment Trust, a portfolio of some of the world’s most exciting growth companies.
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