Net official development assistance and official aid received in South Korea
South Korea: Net official development assistance and official aid received was -55.10 million current US$ in 1999. ◆ Volatile
Net official development assistance and official aid received in South Korea, 1960–1999
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
South Korea recorded -55.10 million current US$ for net official development assistance and official aid received in 1999.
Compared with earlier readings it is down 9.4% on the previous year and down 206.6% over ten years.
Over the whole period, net official development assistance and official aid received in South Korea peaked at 365.43 million current US$ in 1972 and was at its lowest, -159.65 million current US$, in 1997.
That places South Korea 178th out of 180 countries with data for 1999, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 243.81 million current US$ | 171.69 million current US$ | 338.30 million current US$ | 10 |
| 1970s | 249.75 million current US$ | 133.86 million current US$ | 365.43 million current US$ | 10 |
| 1980s | 51.89 million current US$ | -36.88 million current US$ | 330.39 million current US$ | 10 |
| 1990s | -40.28 million current US$ | -159.65 million current US$ | 57.00 million current US$ | 10 |
Countries ranked near South Korea
- 175 Cayman Islands -2.03 million current US$ compare
- 176 Bermuda -4.07 million current US$ compare
- 177 Aruba -7.38 million current US$ compare
- 179 Saudi Arabia -131.07 million current US$ compare
- 180 China -267.16 million current 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 -78.83 million constant 2023 US$ (2004)
- 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 -55.10 million current US$ in 1999, 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 365.43 million current US$ in 1972.
- What is the lowest net official development assistance and official aid received recorded in South Korea?
- The lowest recorded value was -159.65 million current US$ in 1997.
- How does South Korea rank for net official development assistance and official aid received?
- South Korea ranks 178th out of 180 countries with data for 1999.
- Is net official development assistance and official aid received rising or falling in South Korea?
- Over the last ten years it is down 206.6%. 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 (current 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 current U.S. dollars.