Net bilateral aid flows from DAC donors, Australia (current US$) in Korea
Korea: Net bilateral aid flows from DAC donors, Australia (current US$) was 50,000 current US$ in 1998. ◆ Volatile
Net bilateral aid flows from DAC donors, Australia in Korea, 1965–1998
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
Korea recorded 50,000 current US$ for net bilateral aid flows from dac donors, australia in 1998. That is the lowest value across all 32 years on record.
Compared with earlier readings it is down 58.3% on the previous year and down 92.8% over ten years.
Over the whole period, net bilateral aid flows from dac donors, australia in Korea peaked at 880,000 current US$ in 1969 and was at its lowest, 50,000 current US$, in 1998.
That places Korea 103rd out of 165 countries with data for 1998, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, Australia (current US$) in Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 270,000 current US$ | — |
| 1966 | 270,000 current US$ | +0.0% |
| 1967 | 170,000 current US$ | -37.0% |
| 1968 | 740,000 current US$ | +335.3% |
| 1969 | 880,000 current US$ | +18.9% |
| 1970 | 230,000 current US$ | -73.9% |
| 1971 | 320,000 current US$ | +39.1% |
| 1972 | 800,000 current US$ | +150.0% |
| 1973 | 580,000 current US$ | -27.5% |
| 1974 | 560,000 current US$ | -3.4% |
| 1975 | 720,000 current US$ | +28.6% |
| 1976 | 770,000 current US$ | +6.9% |
| 1977 | 650,000 current US$ | -15.6% |
| 1978 | 520,000 current US$ | -20.0% |
| 1979 | 290,000 current US$ | -44.2% |
| 1980 | 250,000 current US$ | -13.8% |
| 1981 | 190,000 current US$ | -24.0% |
| 1982 | 200,000 current US$ | +5.3% |
| 1983 | 190,000 current US$ | -5.0% |
| 1984 | 510,000 current US$ | +168.4% |
| 1985 | 820,000 current US$ | +60.8% |
| 1986 | 650,000 current US$ | -20.7% |
| 1987 | 670,000 current US$ | +3.1% |
| 1988 | 690,000 current US$ | +3.0% |
| 1989 | 440,000 current US$ | -36.2% |
| 1990 | 580,000 current US$ | +31.8% |
| 1991 | 450,000 current US$ | -22.4% |
| 1992 | 260,000 current US$ | -42.2% |
| 1993 | 110,000 current US$ | -57.7% |
| 1994 | 60,000 current US$ | -45.5% |
| 1995 | 120,000 current US$ | +100.0% |
| 1998 | 50,000 current US$ | -58.3% |
Korea compared with similar countries
- Korea's 50,000 current US$ is below the median for high income countries, which is 70,000 current US$, 71% of the median. (35 countries reporting)
- Korea's 50,000 current US$ is below the median for East Asia & Pacific, which is 21.61 million current US$, 0% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Net bilateral aid flows from DAC donors, Australia (current US$) in Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +335.3% | 170,000 current US$ | 740,000 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 466,000 current US$ | 170,000 current US$ | 880,000 current US$ | 5 |
| 1970s | 544,000 current US$ | 230,000 current US$ | 800,000 current US$ | 10 |
| 1980s | 461,000 current US$ | 190,000 current US$ | 820,000 current US$ | 10 |
| 1990s | 232,857 current US$ | 50,000 current US$ | 580,000 current US$ | 7 |
Countries ranked near Korea
- 100 Mali 54,773 current US$ compare
- 101 Saint Lucia 52,843 current US$ compare
- 102 Sierra Leone 50,292 current US$ compare
- 104 Sao Tome and Principe 47,805 current US$
- 105 Gambia 46,223 current US$ compare
- 106 Guinea 43,882 current US$ compare
More aid effectiveness data for Korea
- Net bilateral aid flows from DAC donors, Austria 1.74 million current US$ (1999)
- Net bilateral aid flows from DAC donors, Belgium 10,000 current US$ (1999)
- Net bilateral aid flows from DAC donors, Canada 770,000 current US$ (1998)
- Net bilateral aid flows from DAC donors, European Union institutions 10,000 current US$ (1999)
- Net bilateral aid flows from DAC donors, Switzerland 50,000 current US$ (1999)
- Net bilateral aid flows from DAC donors, Germany 25.76 million current US$ (1999)
- Net bilateral aid flows from DAC donors, France 9.74 million current US$ (1999)
- Net bilateral aid flows from DAC donors, United Kingdom 240,000 current US$ (1995)
- Net bilateral aid flows from DAC donors, Italy 1.65 million current US$ (1999)
- Net bilateral aid flows from DAC donors, Japan -49.52 million current US$ (1999)
Frequently asked questions
- What is net bilateral aid flows from dac donors, australia in Korea?
- Net bilateral aid flows from dac donors, australia in Korea was 50,000 current US$ in 1998, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net bilateral aid flows from dac donors, australia recorded in Korea?
- The highest recorded value was 880,000 current US$ in 1969.
- What is the lowest net bilateral aid flows from dac donors, australia recorded in Korea?
- The lowest recorded value was 50,000 current US$ in 1998.
- How does Korea rank for net bilateral aid flows from dac donors, australia?
- Korea ranks 103rd out of 165 countries with data for 1998.
- Is net bilateral aid flows from dac donors, australia rising or falling in Korea?
- Over the last ten years it is down 92.8%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net bilateral aid flows from DAC donors, Australia (current US$). Statizoid updates them automatically from the source API.
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About this data
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows 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. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars.