Net official development assistance received in South Korea

South Korea: Net official development assistance received was -54.01 million constant 2023 US$ in 1999. ◆ Volatile

Latest (1999)
-54.01 million constant 2023 US$
Change on year
up 1.7%
World rank
168th
of 170 countries
All-time high
2.18 billion constant 2023 US$
in 1969
All-time low
-153.33 million constant 2023 US$
in 1997
Years of data
40
1960–1999

Net official development assistance received in South Korea, 1960–1999

0500.0M1.0B1.5B2.0B1960197919991960: 2.0B constant 2023 US$1961: 1.8B constant 2023 US$1962: 1.8B constant 2023 US$1963: 2.0B constant 2023 US$1964: 1.3B constant 2023 US$1965: 1.7B constant 2023 US$1966: 1.7B constant 2023 US$1967: 1.8B constant 2023 US$1968: 1.6B constant 2023 US$1969: 2.2B constant 2023 US$1970: 1.7B constant 2023 US$1971: 1.9B constant 2023 US$1972: 1.9B constant 2023 US$1973: 1.2B constant 2023 US$1974: 939.5M constant 2023 US$1975: 948.3M constant 2023 US$1976: 853.6M constant 2023 US$1977: 773.0M constant 2023 US$1978: 452.6M constant 2023 US$1979: 331.6M constant 2023 US$1980: 305.8M constant 2023 US$1981: 603.9M constant 2023 US$1982: 93.2M constant 2023 US$1983: 37.6M constant 2023 US$1984: -36.4M constant 2023 US$1985: -4.7M constant 2023 US$1986: -26.2M constant 2023 US$1987: 7.8M constant 2023 US$1988: -3.0M constant 2023 US$1989: 54.4M constant 2023 US$1990: 39.8M constant 2023 US$1991: 48.2M constant 2023 US$1992: -34.8M constant 2023 US$1993: -58.3M constant 2023 US$1994: -109.7M constant 2023 US$1995: 8.4M constant 2023 US$1996: -146.1M constant 2023 US$1997: -153.3M constant 2023 US$1998: -54.9M constant 2023 US$1999: -54.0M constant 2023 US$

Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.

Analysis

South Korea recorded -54.01 million constant 2023 US$ for net official development assistance received in 1999.

Compared with earlier readings it is up 1.7% on the previous year and down 199.3% over ten years.

Over the whole period, net official development assistance received in South Korea peaked at 2.18 billion constant 2023 US$ in 1969 and was at its lowest, -153.33 million constant 2023 US$, in 1997.

That places South Korea 168th out of 170 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

DecadeAverage LowestHighest 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

Countries ranked near South Korea

  1. 165 Cayman Islands -2.64 million constant 2023 US$ compare
  2. 166 Bermuda -5.24 million constant 2023 US$ compare
  3. 167 Aruba -12.81 million constant 2023 US$ compare
  4. 169 Saudi Arabia -113.44 million constant 2023 US$ compare
  5. 170 China -267.16 million constant 2023 US$ compare

See the full ranking of 217 places →

More aid effectiveness data for South Korea

All data for South Korea →

Frequently asked questions

What is net official development assistance received in South Korea?
Net official development assistance received in South Korea was -54.01 million constant 2023 US$ in 1999, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
What is the highest net official development assistance 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 received recorded in South Korea?
The lowest recorded value was -153.33 million constant 2023 US$ in 1997.
How does South Korea rank for net official development assistance received?
South Korea ranks 168th out of 170 countries with data for 1999.
Is net official development assistance received rising or falling in South Korea?
Over the last ten years it is down 199.3%. 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 received (constant 2023 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net official development assistance received (constant 2023 US$)
Unit
constant 2023 US$
Source
Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 11,516 data points, 1960–2023
Last refreshed

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). Data are in constant 2023 U.S. dollars.