Net ODA received (% of gross capital formation) in Korea
Korea: Net ODA received (% of gross capital formation) was -0.0% in 1999. ◆ Volatile
Net ODA received in Korea, 1960–1999
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of gross capital formation.
Analysis
In 1999, net oda received in Korea stood at -0.0%.
Compared with earlier readings it is up 24.2% on the previous year and down 163.0% over ten years.
Over the whole period, net oda received in Korea peaked at 73.3% in 1961 and was at its lowest, -0.1%, in 1984.
That places Korea 143rd out of 146 countries with data for 1999, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received (% of gross capital formation) in Korea, year by year
| Year | % of gross capital formation | Change |
|---|---|---|
| 1960 | 59.5% | — |
| 1961 | 73.3% | +23.2% |
| 1962 | 58.5% | -20.2% |
| 1963 | 34.4% | -41.2% |
| 1964 | 31.5% | -8.5% |
| 1965 | 47.0% | +49.5% |
| 1966 | 26.7% | -43.2% |
| 1967 | 23.8% | -10.9% |
| 1968 | 14.3% | -40.0% |
| 1969 | 14.6% | +2.0% |
| 1970 | 11.5% | -21.4% |
| 1971 | 12.9% | +12.4% |
| 1972 | 15.2% | +18.2% |
| 1973 | 7.6% | -50.2% |
| 1974 | 3.9% | -49.2% |
| 1975 | 3.9% | +0.7% |
| 1976 | 2.5% | -34.3% |
| 1977 | 2.0% | -21.3% |
| 1978 | 0.9% | -55.5% |
| 1979 | 0.5% | -41.5% |
| 1980 | 0.6% | +15.7% |
| 1981 | 1.3% | +123.4% |
| 1982 | 0.1% | -90.5% |
| 1983 | 0.0% | -80.1% |
| 1984 | -0.1% | -535.1% |
| 1985 | -0.0% | -77.0% |
| 1986 | -0.0% | +70.4% |
| 1987 | 0.0% | -147.8% |
| 1988 | 0.0% | -39.4% |
| 1989 | 0.1% | +329.2% |
| 1990 | 0.0% | -17.9% |
| 1991 | 0.0% | -14.0% |
| 1992 | -0.0% | -105.6% |
| 1993 | -0.0% | +952.1% |
| 1994 | -0.1% | +169.6% |
| 1995 | 0.0% | -140.3% |
| 1996 | -0.1% | -340.4% |
| 1997 | -0.1% | +22.0% |
| 1998 | -0.0% | -37.8% |
| 1999 | -0.0% | -24.2% |
Korea compared with similar countries
- Korea's -0.0% is below the median for high income countries, which is 0.4%. (26 countries reporting)
- Korea's -0.0% is below the median for East Asia & Pacific, which is 8.7%. (25 countries reporting)
Biggest year-on-year movements
Years where Net ODA received (% of gross capital formation) 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 |
|---|---|---|---|
| 1993 | -952.1% | -0.0% | -0.0% |
| 1984 | -535.1% | 0.0% | -0.1% |
| 1989 | +329.2% | 0.0% | 0.1% |
| 1996 | -340.4% | 0.0% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 38.4% | 14.3% | 73.3% | 10 |
| 1970s | 6.1% | 0.5% | 15.2% | 10 |
| 1980s | 0.2% | -0.1% | 1.3% | 10 |
| 1990s | -0.0% | -0.1% | 0.0% | 10 |
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 oda received in Korea?
- Net oda received in Korea was -0.0% in 1999, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Korea?
- The highest recorded value was 73.3% in 1961.
- What is the lowest net oda received recorded in Korea?
- The lowest recorded value was -0.1% in 1984.
- How does Korea rank for net oda received?
- Korea ranks 143rd out of 146 countries with data for 1999.
- Is net oda received rising or falling in Korea?
- Over the last ten years it is down 163.0%. 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 ODA received (% of gross capital formation). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).