Net official development assistance received in South Korea
South Korea: Net official development assistance received was -54.01 million constant 2023 US$ in 1999. ◆ Volatile
Net official development assistance received in South Korea, 1960–1999
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in constant 2023 US$.
Analysis
South Korea recorded -54.01 million constant 2023 US$ for net official development assistance received in 1999.
Compared with earlier readings it is up 1.7% on the previous year and down 199.3% over ten years.
Over the whole period, net official development assistance received in South Korea peaked at 2.18 billion constant 2023 US$ in 1969 and was at its lowest, -153.33 million constant 2023 US$, in 1997.
That places South Korea 169th out of 171 countries with data for 1999, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in South Korea, year by year
| Year | constant 2023 US$ | Change |
|---|---|---|
| 1960 | 1.99 billion constant 2023 US$ | — |
| 1961 | 1.80 billion constant 2023 US$ | -9.6% |
| 1962 | 1.83 billion constant 2023 US$ | +1.6% |
| 1963 | 2.01 billion constant 2023 US$ | +10.2% |
| 1964 | 1.28 billion constant 2023 US$ | -36.4% |
| 1965 | 1.66 billion constant 2023 US$ | +29.9% |
| 1966 | 1.67 billion constant 2023 US$ | +0.8% |
| 1967 | 1.82 billion constant 2023 US$ | +8.7% |
| 1968 | 1.61 billion constant 2023 US$ | -11.3% |
| 1969 | 2.18 billion constant 2023 US$ | +34.8% |
| 1970 | 1.68 billion constant 2023 US$ | -22.8% |
| 1971 | 1.87 billion constant 2023 US$ | +11.6% |
| 1972 | 1.94 billion constant 2023 US$ | +3.4% |
| 1973 | 1.23 billion constant 2023 US$ | -36.8% |
| 1974 | 939.51 million constant 2023 US$ | -23.3% |
| 1975 | 948.30 million constant 2023 US$ | +0.9% |
| 1976 | 853.65 million constant 2023 US$ | -10.0% |
| 1977 | 773.04 million constant 2023 US$ | -9.4% |
| 1978 | 452.55 million constant 2023 US$ | -41.5% |
| 1979 | 331.59 million constant 2023 US$ | -26.7% |
| 1980 | 305.81 million constant 2023 US$ | -7.8% |
| 1981 | 603.91 million constant 2023 US$ | +97.5% |
| 1982 | 93.20 million constant 2023 US$ | -84.6% |
| 1983 | 37.65 million constant 2023 US$ | -59.6% |
| 1984 | -36.40 million constant 2023 US$ | -196.7% |
| 1985 | -4.70 million constant 2023 US$ | -87.1% |
| 1986 | -26.19 million constant 2023 US$ | +457.4% |
| 1987 | 7.84 million constant 2023 US$ | -129.9% |
| 1988 | -2.99 million constant 2023 US$ | -138.2% |
| 1989 | 54.41 million constant 2023 US$ | -1918.1% |
| 1990 | 39.83 million constant 2023 US$ | -26.8% |
| 1991 | 48.20 million constant 2023 US$ | +21.0% |
| 1992 | -34.77 million constant 2023 US$ | -172.1% |
| 1993 | -58.32 million constant 2023 US$ | +67.7% |
| 1994 | -109.67 million constant 2023 US$ | +88.0% |
| 1995 | 8.42 million constant 2023 US$ | -107.7% |
| 1996 | -146.10 million constant 2023 US$ | -1834.3% |
| 1997 | -153.33 million constant 2023 US$ | +5.0% |
| 1998 | -54.94 million constant 2023 US$ | -64.2% |
| 1999 | -54.01 million constant 2023 US$ | -1.7% |
South Korea compared with similar countries
- South Korea's -54.01 million constant 2023 US$ is below the median for high income countries, which is 16.05 million constant 2023 US$. (39 countries reporting)
- South Korea's -54.01 million constant 2023 US$ is below the median for East Asia & Pacific, which is 125.97 million constant 2023 US$. (32 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +1918.1% | -2.99 million constant 2023 US$ | 54.41 million constant 2023 US$ |
| 1996 | -1834.3% | 8.42 million constant 2023 US$ | -146.10 million constant 2023 US$ |
| 1986 | -457.4% | -4.70 million constant 2023 US$ | -26.19 million constant 2023 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.78 billion constant 2023 US$ | 1.28 billion constant 2023 US$ | 2.18 billion constant 2023 US$ | 10 |
| 1970s | 1.10 billion constant 2023 US$ | 331.59 million constant 2023 US$ | 1.94 billion constant 2023 US$ | 10 |
| 1980s | 103.25 million constant 2023 US$ | -36.40 million constant 2023 US$ | 603.91 million constant 2023 US$ | 10 |
| 1990s | -51.47 million constant 2023 US$ | -153.33 million constant 2023 US$ | 48.20 million constant 2023 US$ | 10 |
Countries ranked near South Korea
- 166 Cayman Islands -2.64 million constant 2023 US$ compare
- 167 Bermuda -5.24 million constant 2023 US$ compare
- 168 Aruba -12.81 million constant 2023 US$ compare
- 170 Saudi Arabia -113.44 million constant 2023 US$ compare
- 171 China -267.16 million constant 2023 US$ compare
More aid effectiveness data for South 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 official development assistance received in South Korea?
- Net official development assistance received in South Korea was -54.01 million constant 2023 US$ in 1999, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance received recorded in South Korea?
- The highest recorded value was 2.18 billion constant 2023 US$ in 1969.
- What is the lowest net official development assistance received recorded in South Korea?
- The lowest recorded value was -153.33 million constant 2023 US$ in 1997.
- How does South Korea rank for net official development assistance received?
- South Korea ranks 169th out of 171 countries with data for 1999.
- Is net official development assistance received rising or falling in South Korea?
- Over the last ten years it is down 199.3%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net official development assistance received (constant 2023 US$). Statizoid updates them automatically from the source API.
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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). Data are in constant 2023 U.S. dollars.