Net official development assistance received in South Korea
South Korea: Net official development assistance received was -55.10 million current 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 current US$.
Analysis
In 1999, net official development assistance received in South Korea stood at -55.10 million current US$.
That represents a change of down 9.4% on the previous year and down 206.6% over ten years.
Over the whole period, net official development assistance received in South Korea peaked at 365.43 million current US$ in 1972 and was at its lowest, -159.65 million current US$, in 1997.
South Korea ranks 169th of 171 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in South Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 250.71 million current US$ | — |
| 1961 | 229.15 million current US$ | -8.6% |
| 1962 | 236.21 million current US$ | +3.1% |
| 1963 | 262.20 million current US$ | +11.0% |
| 1964 | 171.69 million current US$ | -34.5% |
| 1965 | 220.49 million current US$ | +28.4% |
| 1966 | 230.63 million current US$ | +4.6% |
| 1967 | 259.09 million current US$ | +12.3% |
| 1968 | 239.63 million current US$ | -7.5% |
| 1969 | 338.30 million current US$ | +41.2% |
| 1970 | 274.67 million current US$ | -18.8% |
| 1971 | 324.51 million current US$ | +18.1% |
| 1972 | 365.43 million current US$ | +12.6% |
| 1973 | 282.00 million current US$ | -22.8% |
| 1974 | 252.04 million current US$ | -10.6% |
| 1975 | 247.48 million current US$ | -1.8% |
| 1976 | 216.14 million current US$ | -12.7% |
| 1977 | 237.18 million current US$ | +9.7% |
| 1978 | 164.21 million current US$ | -30.8% |
| 1979 | 133.86 million current US$ | -18.5% |
| 1980 | 138.71 million current US$ | +3.6% |
| 1981 | 330.39 million current US$ | +138.2% |
| 1982 | 33.78 million current US$ | -89.8% |
| 1983 | 7.64 million current US$ | -77.4% |
| 1984 | -36.88 million current US$ | -582.7% |
| 1985 | -8.82 million current US$ | -76.1% |
| 1986 | -17.57 million current US$ | +99.2% |
| 1987 | 10.66 million current US$ | -160.7% |
| 1988 | 9.28 million current US$ | -12.9% |
| 1989 | 51.67 million current US$ | +456.8% |
| 1990 | 52.28 million current US$ | +1.2% |
| 1991 | 54.42 million current US$ | +4.1% |
| 1992 | -3.10 million current US$ | -105.7% |
| 1993 | -35.11 million current US$ | +1032.6% |
| 1994 | -114.23 million current US$ | +225.3% |
| 1995 | 57.00 million current US$ | -149.9% |
| 1996 | -148.90 million current US$ | -361.2% |
| 1997 | -159.65 million current US$ | +7.2% |
| 1998 | -50.37 million current US$ | -68.4% |
| 1999 | -55.10 million current US$ | +9.4% |
South Korea compared with similar countries
- South Korea's -55.10 million current US$ is below the median for high income countries, which is 15.39 million current US$. (39 countries reporting)
- South Korea's -55.10 million current US$ is below the median for East Asia & Pacific, which is 125.97 million current US$. (32 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | -1032.6% | -3.10 million current US$ | -35.11 million current US$ |
| 1984 | -582.7% | 7.64 million current US$ | -36.88 million current US$ |
| 1989 | +456.8% | 9.28 million current US$ | 51.67 million current US$ |
| 1996 | -361.2% | 57.00 million current US$ | -148.90 million current US$ |
| 1994 | -225.3% | -35.11 million current US$ | -114.23 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 243.81 million current US$ | 171.69 million current US$ | 338.30 million current US$ | 10 |
| 1970s | 249.75 million current US$ | 133.86 million current US$ | 365.43 million current US$ | 10 |
| 1980s | 51.89 million current US$ | -36.88 million current US$ | 330.39 million current US$ | 10 |
| 1990s | -40.28 million current US$ | -159.65 million current US$ | 57.00 million current US$ | 10 |
Countries ranked near South Korea
- 166 Cayman Islands -2.03 million current US$ compare
- 167 Bermuda -4.07 million current US$ compare
- 168 Aruba -7.38 million current US$ compare
- 170 Saudi Arabia -131.07 million current US$ compare
- 171 China -267.16 million current 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 -55.10 million current 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 365.43 million current US$ in 1972.
- What is the lowest net official development assistance received recorded in South Korea?
- The lowest recorded value was -159.65 million current 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 206.6%. 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 (current 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 current U.S. dollars.