South Korea vs Saudi Arabia: Net official development assistance and official aid … aid current
Net official development assistance and official aid … aid current over time
- South Korea
- Saudi Arabia
How they compare
South Korea currently reports -55.10 million current US$ against -131.07 million current US$ in Saudi Arabia, a difference of 75.97 million current US$.
The two have swapped places 5 times across 40 shared years of data; in 1960 it was South Korea ahead.
South Korea ranks 179th and Saudi Arabia ranks 180th of 181 countries.
Across the 4 decades both report, South Korea averaged higher in 3 and Saudi Arabia in 1.
Head to head by decade
| Decade | South Korea | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 243.81 million current US$ | -243,000 current US$ | 244.05 million current US$ | South Korea |
| 1970s | 249.75 million current US$ | 4.03 million current US$ | 245.72 million current US$ | South Korea |
| 1980s | 51.89 million current US$ | 27.34 million current US$ | 24.55 million current US$ | South Korea |
| 1990s | -40.28 million current US$ | 19.52 million current US$ | 59.80 million current US$ | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net official development assistance and official aid received, South Korea or Saudi Arabia?
- South Korea, at -55.10 million current US$ against -131.07 million current US$ in Saudi Arabia as of 1999.
- What is the difference in net official development assistance and official aid received between South Korea and Saudi Arabia?
- 75.97 million current US$, with South Korea ahead.
- How many years of comparable data are there for South Korea and Saudi Arabia?
- 40 years are reported by both, from 1960 to 1999.
- How do South Korea and Saudi Arabia rank globally for net official development assistance and official aid received?
- South Korea ranks 179th and Saudi Arabia ranks 180th of 181 countries.
- Where does this data come from?
- Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as Net official development assistance and official aid received (current US$). 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 current U.S. dollars.