Net bilateral aid flows from DAC donors, Netherlands (current US$) in Korea
Korea: Net bilateral aid flows from DAC donors, Netherlands (current US$) was 90,000 current US$ in 1998. ◆ Volatile
Net bilateral aid flows from DAC donors, Netherlands in Korea, 1970–1998
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
Korea recorded 90,000 current US$ for net bilateral aid flows from dac donors, netherlands in 1998. That is the lowest value across all 22 years on record.
The figure is down 60.9% on the previous year and down 89.2% over ten years.
Over the whole period, net bilateral aid flows from dac donors, netherlands in Korea peaked at 2.32 million current US$ in 1978 and was at its lowest, 90,000 current US$, in 1971.
That places Korea 97th out of 164 countries with data for 1998, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net bilateral aid flows from DAC donors, Netherlands (current US$) in Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 990,000 current US$ | — |
| 1971 | 90,000 current US$ | -90.9% |
| 1972 | 320,000 current US$ | +255.6% |
| 1973 | 260,000 current US$ | -18.8% |
| 1974 | 540,000 current US$ | +107.7% |
| 1975 | 640,000 current US$ | +18.5% |
| 1976 | 1.12 million current US$ | +75.0% |
| 1977 | 2.19 million current US$ | +95.5% |
| 1978 | 2.32 million current US$ | +5.9% |
| 1979 | 1.40 million current US$ | -39.7% |
| 1980 | 1.28 million current US$ | -8.6% |
| 1981 | 910,000 current US$ | -28.9% |
| 1982 | 580,000 current US$ | -36.3% |
| 1983 | 530,000 current US$ | -8.6% |
| 1984 | 970,000 current US$ | +83.0% |
| 1985 | 510,000 current US$ | -47.4% |
| 1986 | 560,000 current US$ | +9.8% |
| 1987 | 830,000 current US$ | +48.2% |
| 1995 | 320,000 current US$ | -61.4% |
| 1996 | 150,000 current US$ | -53.1% |
| 1997 | 230,000 current US$ | +53.3% |
| 1998 | 90,000 current US$ | -60.9% |
Korea compared with similar countries
- Korea's 90,000 current US$ is above the median for high income countries, which is 80,000 current US$, 1.1× the median. (35 countries reporting)
- Korea's 90,000 current US$ is above the median for East Asia & Pacific, which is 44,236 current US$, 2.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 987,000 current US$ | 90,000 current US$ | 2.32 million current US$ | 10 |
| 1980s | 771,250 current US$ | 510,000 current US$ | 1.28 million current US$ | 8 |
| 1990s | 197,500 current US$ | 90,000 current US$ | 320,000 current US$ | 4 |
Countries ranked near Korea
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, netherlands in Korea?
- Net bilateral aid flows from dac donors, netherlands in Korea was 90,000 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, netherlands recorded in Korea?
- The highest recorded value was 2.32 million current US$ in 1978.
- What is the lowest net bilateral aid flows from dac donors, netherlands recorded in Korea?
- The lowest recorded value was 90,000 current US$ in 1971.
- How does Korea rank for net bilateral aid flows from dac donors, netherlands?
- Korea ranks 97th out of 164 countries with data for 1998.
- Is net bilateral aid flows from dac donors, netherlands rising or falling in Korea?
- Over the last ten years it is down 89.2%. 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, Netherlands (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.