China vs Republic of Korea: Net official development assistance and official aid received
Net official development assistance and official aid received over time
- China
- Republic of Korea
How they compare
Republic of Korea currently reports -78.83 million constant 2023 US$ against -267.16 million constant 2023 US$ in China, a difference of 188.33 million constant 2023 US$.
The two have swapped places 1 time across 26 shared years of data; in 1979 it was Republic of Korea ahead.
China ranks 180th and Republic of Korea ranks 179th of 180 countries.
Across the 4 decades both report, China averaged higher in 3 and Republic of Korea in 1.
Head to head by decade
| Decade | China | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 43.80 million constant 2023 US$ | 331.59 million constant 2023 US$ | 287.79 million constant 2023 US$ | Republic of Korea |
| 1980s | 1.83 billion constant 2023 US$ | 103.25 million constant 2023 US$ | 1.73 billion constant 2023 US$ | China |
| 1990s | 3.17 billion constant 2023 US$ | -51.47 million constant 2023 US$ | 3.22 billion constant 2023 US$ | China |
| 2000s | 1.84 billion constant 2023 US$ | -191.36 million constant 2023 US$ | 2.03 billion constant 2023 US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net official development assistance and official aid received, China or Republic of Korea?
- Republic of Korea, at -78.83 million constant 2023 US$ against -267.16 million constant 2023 US$ in China as of 2004.
- What is the difference in net official development assistance and official aid received between China and Republic of Korea?
- 188.33 million constant 2023 US$, with Republic of Korea ahead.
- How many years of comparable data are there for China and Republic of Korea?
- 26 years are reported by both, from 1979 to 2004.
- How do China and Republic of Korea rank globally for net official development assistance and official aid received?
- China ranks 180th and Republic of Korea ranks 179th of 180 countries.
- Where does this data come from?
- Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as Net official development assistance and official aid received (constant 2023 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.