Net bilateral aid flows from DAC donors, Korea, Rep. (current US$) in Lower middle income
Lower middle income: Net bilateral aid flows from DAC donors, Korea, Rep. (current US$) was 1.08 billion current US$ in 2023. ◆ Volatile
Net bilateral aid flows from DAC donors, Korea, Rep. in Lower middle income, 1960–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
The most recent figure for net bilateral aid flows from dac donors, korea, rep. in Lower middle income is 1.08 billion current US$, measured in 2023.
The figure is up 4.6% on the previous year and up 52.5% over ten years.
Over the whole period, net bilateral aid flows from dac donors, korea, rep. in Lower middle income peaked at 1.19 billion current US$ in 2021 and was at its lowest, 0 current US$, in 1960.
Lower middle income ranks 7th of 46 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, Korea, Rep. (current US$) in Lower middle income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 0 current US$ | — |
| 1961 | 0 current US$ | — |
| 1962 | 0 current US$ | — |
| 1963 | 0 current US$ | — |
| 1964 | 0 current US$ | — |
| 1965 | 0 current US$ | — |
| 1966 | 0 current US$ | — |
| 1967 | 0 current US$ | — |
| 1968 | 0 current US$ | — |
| 1969 | 0 current US$ | — |
| 1970 | 0 current US$ | — |
| 1971 | 0 current US$ | — |
| 1972 | 0 current US$ | — |
| 1973 | 0 current US$ | — |
| 1974 | 0 current US$ | — |
| 1975 | 0 current US$ | — |
| 1976 | 0 current US$ | — |
| 1977 | 0 current US$ | — |
| 1978 | 0 current US$ | — |
| 1979 | 0 current US$ | — |
| 1980 | 0 current US$ | — |
| 1981 | 0 current US$ | — |
| 1982 | 0 current US$ | — |
| 1983 | 0 current US$ | — |
| 1984 | 0 current US$ | — |
| 1985 | 0 current US$ | — |
| 1986 | 0 current US$ | — |
| 1987 | 580,000 current US$ | — |
| 1988 | 990,000 current US$ | +70.7% |
| 1989 | 3.48 million current US$ | +251.5% |
| 1990 | 9.86 million current US$ | +183.3% |
| 1991 | 11.26 million current US$ | +14.2% |
| 1992 | 17.31 million current US$ | +53.7% |
| 1993 | 32.46 million current US$ | +87.5% |
| 1994 | 31.02 million current US$ | -4.4% |
| 1995 | 23.18 million current US$ | -25.3% |
| 1996 | 37.31 million current US$ | +61.0% |
| 1997 | 46.36 million current US$ | +24.3% |
| 1998 | 69.09 million current US$ | +49.0% |
| 1999 | 78.57 million current US$ | +13.7% |
| 2000 | 83.40 million current US$ | +6.1% |
| 2001 | 87.26 million current US$ | +4.6% |
| 2002 | 92.61 million current US$ | +6.1% |
| 2003 | 96.00 million current US$ | +3.7% |
| 2004 | 139.86 million current US$ | +45.7% |
| 2005 | 176.78 million current US$ | +26.4% |
| 2006 | 167.71 million current US$ | -5.1% |
| 2007 | 247.12 million current US$ | +47.3% |
| 2008 | 284.32 million current US$ | +15.1% |
| 2009 | 284.24 million current US$ | -0.0% |
| 2010 | 500.26 million current US$ | +76.0% |
| 2011 | 595.79 million current US$ | +19.1% |
| 2012 | 678.37 million current US$ | +13.9% |
| 2013 | 708.49 million current US$ | +4.4% |
| 2014 | 768.17 million current US$ | +8.4% |
| 2015 | 842.57 million current US$ | +9.7% |
| 2016 | 778.80 million current US$ | -7.6% |
| 2017 | 867.18 million current US$ | +11.3% |
| 2018 | 882.80 million current US$ | +1.8% |
| 2019 | 1.09 billion current US$ | +23.7% |
| 2020 | 977.96 million current US$ | -10.5% |
| 2021 | 1.19 billion current US$ | +21.6% |
| 2022 | 1.03 billion current US$ | -13.2% |
| 2023 | 1.08 billion current US$ | +4.6% |
Biggest year-on-year movements
Years where Net bilateral aid flows from DAC donors, Korea, Rep. (current US$) in Lower middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +251.5% | 990,000 current US$ | 3.48 million current US$ |
| 1990 | +183.3% | 3.48 million current US$ | 9.86 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 1970s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 1980s | 505,000 current US$ | 0 current US$ | 3.48 million current US$ | 10 |
| 1990s | 35.64 million current US$ | 9.86 million current US$ | 78.57 million current US$ | 10 |
| 2000s | 165.93 million current US$ | 83.40 million current US$ | 284.32 million current US$ | 10 |
| 2010s | 771.45 million current US$ | 500.26 million current US$ | 1.09 billion current US$ | 10 |
| 2020s | 1.07 billion current US$ | 977.96 million current US$ | 1.19 billion current US$ | 4 |
Countries ranked near Lower middle income
- 4 Philippines 106.12 million current US$ compare
- 5 India 101.57 million current US$ compare
- 6 Ethiopia 82.00 million current US$ compare
- 7 Vietnam 79.16 million current US$ compare
- 8 El Salvador 73.83 million current US$ compare
- 9 Mongolia 72.36 million current US$ compare
- 10 Laos 66.38 million current US$ compare
More aid effectiveness data for Lower middle income
- Net bilateral aid flows from DAC donors, Austria 83.14 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 179.59 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 1.02 billion current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 3.38 billion current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 654.21 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 3.26 billion current US$ (2023)
- Net bilateral aid flows from DAC donors, France 3.64 billion current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 725.82 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 268.87 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 8.40 billion current US$ (2023)
Frequently asked questions
- What is net bilateral aid flows from dac donors, korea, rep. in Lower middle income?
- Net bilateral aid flows from dac donors, korea, rep. in Lower middle income was 1.08 billion current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net bilateral aid flows from dac donors, korea, rep. recorded in Lower middle income?
- The highest recorded value was 1.19 billion current US$ in 2021.
- What is the lowest net bilateral aid flows from dac donors, korea, rep. recorded in Lower middle income?
- The lowest recorded value was 0 current US$ in 1960.
- How does Lower middle income rank for net bilateral aid flows from dac donors, korea, rep.?
- Lower middle income ranks 7th out of 46 groups with data for 2023.
- Is net bilateral aid flows from dac donors, korea, rep. rising or falling in Lower middle income?
- Over the last ten years it is up 52.5%. The long-run trend across the full record is volatile.
- Where does this Lower middle income 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, Korea, Rep. (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.