Net official development assistance and official aid received in South Korea
South Korea: Net official development assistance and official aid received was -78.83 million constant 2023 US$ in 2004. ◆ Volatile
Net official development assistance and official aid received in South Korea, 1960–2004
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
The most recent figure for net official development assistance and official aid received in South Korea is -78.83 million constant 2023 US$, measured in 2004.
Compared with earlier readings it is up 83.4% on the previous year and up 28.1% over ten years.
Over the whole period, net official development assistance and official aid received in South Korea peaked at 2.18 billion constant 2023 US$ in 1969 and was at its lowest, -474.36 million constant 2023 US$, in 2003.
That places South Korea 179th out of 180 countries with data for 2004, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.78 billion constant 2023 US$ | 1.28 billion constant 2023 US$ | 2.18 billion constant 2023 US$ | 10 |
| 1970s | 1.10 billion constant 2023 US$ | 331.59 million constant 2023 US$ | 1.94 billion constant 2023 US$ | 10 |
| 1980s | 103.25 million constant 2023 US$ | -36.40 million constant 2023 US$ | 603.91 million constant 2023 US$ | 10 |
| 1990s | -51.47 million constant 2023 US$ | -153.33 million constant 2023 US$ | 48.20 million constant 2023 US$ | 10 |
| 2000s | -191.36 million constant 2023 US$ | -474.36 million constant 2023 US$ | -78.83 million constant 2023 US$ | 5 |
Countries ranked near South Korea
- 176 Seychelles 50,000 constant 2023 US$ compare
- 177 British Virgin Islands -1.50 million constant 2023 US$ compare
- 178 Aruba -13.88 million constant 2023 US$ compare
- 180 China -267.16 million constant 2023 US$ compare
More aid effectiveness data for South Korea
- Net bilateral aid flows from DAC donors, Austria 1.74 million current US$ (1999)
- Net ODA received per capita -1.18 current US$ (1999)
- Net official development assistance received -54.01 million constant 2023 US$ (1999)
- Net ODA received -0.0% (1999)
- Net ODA received -0.0% (1999)
- Net official development assistance received -55.10 million current US$ (1999)
- Net official development assistance and official aid received -55.10 million current US$ (1999)
- Net official flows from UN agencies, UNDP 550,000 current US$ (1999)
- Net official flows from UN agencies, UNICEF 20,000 current US$ (1994)
- Net bilateral aid flows from DAC donors, United States -43.97 million current US$ (1999)
Frequently asked questions
- What is net official development assistance and official aid received in South Korea?
- Net official development assistance and official aid received in South Korea was -78.83 million constant 2023 US$ in 2004, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance and official aid received recorded in South Korea?
- The highest recorded value was 2.18 billion constant 2023 US$ in 1969.
- What is the lowest net official development assistance and official aid received recorded in South Korea?
- The lowest recorded value was -474.36 million constant 2023 US$ in 2003.
- How does South Korea rank for net official development assistance and official aid received?
- South Korea ranks 179th out of 180 countries with data for 2004.
- Is net official development assistance and official aid received rising or falling in South Korea?
- Over the last ten years it is up 28.1%. 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 official development assistance and official aid received (constant 2023 US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Net official aid refers to aid flows (net of repayments) 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. Data are in constant 2023 U.S. dollars.