Net official development assistance received in South Korea

South Korea: Net official development assistance received was -55.10 million current US$ in 1999. ◆ Volatile

Latest (1999)
-55.10 million current US$
Change on year
down 9.4%
World rank
168th
of 170 countries
All-time high
365.43 million current US$
in 1972
All-time low
-159.65 million current US$
in 1997
Years of data
40
1960–1999

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

-200.0M0200.0M400.0M1960197919991960: 250.7M current US$1961: 229.2M current US$1962: 236.2M current US$1963: 262.2M current US$1964: 171.7M current US$1965: 220.5M current US$1966: 230.6M current US$1967: 259.1M current US$1968: 239.6M current US$1969: 338.3M current US$1970: 274.7M current US$1971: 324.5M current US$1972: 365.4M current US$1973: 282.0M current US$1974: 252.0M current US$1975: 247.5M current US$1976: 216.1M current US$1977: 237.2M current US$1978: 164.2M current US$1979: 133.9M current US$1980: 138.7M current US$1981: 330.4M current US$1982: 33.8M current US$1983: 7.6M current US$1984: -36.9M current US$1985: -8.8M current US$1986: -17.6M current US$1987: 10.7M current US$1988: 9.3M current US$1989: 51.7M current US$1990: 52.3M current US$1991: 54.4M current US$1992: -3.1M current US$1993: -35.1M current US$1994: -114.2M current US$1995: 57.0M current US$1996: -148.9M current US$1997: -159.7M current US$1998: -50.4M current US$1999: -55.1M current US$

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

Analysis

In 1999, net official development assistance received in South Korea stood at -55.10 million current US$.

That represents a change of down 9.4% on the previous year and down 206.6% over ten years.

Over the whole period, net official development assistance 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.

South Korea ranks 168th of 170 countries on this measure, 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 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

  1. 165 Cayman Islands -2.03 million current US$ compare
  2. 166 Bermuda -4.07 million current US$ compare
  3. 167 Aruba -7.38 million current US$ compare
  4. 169 Saudi Arabia -131.07 million current US$ compare
  5. 170 China -267.16 million current 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 -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 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 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 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 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 received (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net official development assistance received (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
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 current U.S. dollars.