Net bilateral aid flows from DAC donors, Australia in South Korea

South Korea: Net bilateral aid flows from DAC donors, Australia was 50,000 current US$ in 1998. ◆ Volatile

Latest (1998)
50,000 current US$
Change on year
down 58.3%
World rank
103rd
of 164 countries
All-time high
880,000 current US$
in 1969
All-time low
50,000 current US$
in 1998
Years of data
32
1965–1998

Net bilateral aid flows from DAC donors, Australia in South Korea, 1965–1998

0200.0k400.0k600.0k800.0k1965198119981965: 270.0k current US$1966: 270.0k current US$1967: 170.0k current US$1968: 740.0k current US$1969: 880.0k current US$1970: 230.0k current US$1971: 320.0k current US$1972: 800.0k current US$1973: 580.0k current US$1974: 560.0k current US$1975: 720.0k current US$1976: 770.0k current US$1977: 650.0k current US$1978: 520.0k current US$1979: 290.0k current US$1980: 250.0k current US$1981: 190.0k current US$1982: 200.0k current US$1983: 190.0k current US$1984: 510.0k current US$1985: 820.0k current US$1986: 650.0k current US$1987: 670.0k current US$1988: 690.0k current US$1989: 440.0k current US$1990: 580.0k current US$1991: 450.0k current US$1992: 260.0k current US$1993: 110.0k current US$1994: 60.0k current US$1995: 120.0k current US$1998: 50.0k current US$

Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.

Analysis

South Korea recorded 50,000 current US$ for net bilateral aid flows from dac donors, australia in 1998. That is the lowest value across all 32 years on record.

Compared with earlier readings it is down 58.3% on the previous year and down 92.8% over ten years.

Over the whole period, net bilateral aid flows from dac donors, australia in South Korea peaked at 880,000 current US$ in 1969 and was at its lowest, 50,000 current US$, in 1998.

That places South Korea 103rd out of 164 countries with data for 1998, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 466,000 current US$ 170,000 current US$ 880,000 current US$ 5
1970s 544,000 current US$ 230,000 current US$ 800,000 current US$ 10
1980s 461,000 current US$ 190,000 current US$ 820,000 current US$ 10
1990s 232,857 current US$ 50,000 current US$ 580,000 current US$ 7

Countries ranked near South Korea

  1. 100 Mali 54,773 current US$ compare
  2. 101 Saint Lucia 52,843 current US$ compare
  3. 102 Sierra Leone 50,292 current US$ compare
  4. 104 Sao Tome and Principe 47,805 current US$ compare
  5. 105 Gambia 46,223 current US$ compare
  6. 106 Guinea 43,882 current US$ compare

See the full ranking of 210 places →

More aid effectiveness data for South Korea

All data for South Korea →

Frequently asked questions

What is net bilateral aid flows from dac donors, australia in South Korea?
Net bilateral aid flows from dac donors, australia in South Korea was 50,000 current US$ in 1998, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
What is the highest net bilateral aid flows from dac donors, australia recorded in South Korea?
The highest recorded value was 880,000 current US$ in 1969.
What is the lowest net bilateral aid flows from dac donors, australia recorded in South Korea?
The lowest recorded value was 50,000 current US$ in 1998.
How does South Korea rank for net bilateral aid flows from dac donors, australia?
South Korea ranks 103rd out of 164 countries with data for 1998.
Is net bilateral aid flows from dac donors, australia rising or falling in South Korea?
Over the last ten years it is down 92.8%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net bilateral aid flows from DAC donors, Australia (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net bilateral aid flows from DAC donors, Australia (current US$)
Unit
current US$
Source
Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
210 places, 7,317 data points, 1965–2023
Last refreshed

Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars.