Korea - Net official development assistance and official aid received

Net official development assistance and official aid received (current US$)

The latest value for Net official development assistance and official aid received (current US$) in Korea was ($71,540,000) as of 2004. Over the past 44 years, the value for this indicator has fluctuated between $365,430,000 in 1972 and ($461,600,000) in 2003.

Definition: 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). Net official aid refers to aid flows (net of repayments) 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. Data are in current U.S. dollars.

Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, and International Development Statistics database. Data

See also:

Year Value
1960 $250,710,000
1961 $229,150,000
1962 $236,210,000
1963 $262,200,000
1964 $171,690,000
1965 $220,490,000
1966 $230,630,000
1967 $259,090,000
1968 $239,630,000
1969 $338,300,000
1970 $274,670,000
1971 $324,510,000
1972 $365,430,000
1973 $282,000,000
1974 $252,040,000
1975 $247,480,000
1976 $216,140,000
1977 $237,180,000
1978 $164,210,000
1979 $133,860,000
1980 $138,710,000
1981 $330,390,000
1982 $33,780,000
1983 $7,640,000
1984 ($36,880,000)
1985 ($8,820,000)
1986 ($17,570,000)
1987 $10,660,000
1988 $9,280,000
1989 $51,670,000
1990 $52,280,000
1991 $54,420,000
1992 ($3,100,000)
1993 ($35,110,000)
1994 ($114,230,000)
1995 $57,000,000
1996 ($148,900,000)
1997 ($159,650,000)
1998 ($50,370,000)
1999 ($55,100,000)
2000 ($198,140,000)
2001 ($111,330,000)
2002 ($81,910,000)
2003 ($461,600,000)
2004 ($71,540,000)

Net official development assistance and official aid received (constant 2016 US$)

The latest value for Net official development assistance and official aid received (constant 2016 US$) in Korea was -76,340,000 as of 2004. Over the past 44 years, the value for this indicator has fluctuated between 2,079,740,000 in 1969 and -464,710,000 in 2003.

Definition: 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). Net official aid refers to aid flows (net of repayments) 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. Data are in constant 2016 U.S. dollars.

Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, and International Development Statistics database. Data

See also:

Year Value
1960 1,673,460,000
1961 1,513,220,000
1962 1,538,130,000
1963 1,720,990,000
1964 1,093,230,000
1965 1,539,450,000
1966 1,511,420,000
1967 1,682,620,000
1968 1,463,910,000
1969 2,079,740,000
1970 1,605,430,000
1971 1,835,400,000
1972 1,826,520,000
1973 1,246,780,000
1974 999,940,000
1975 911,210,000
1976 758,160,000
1977 743,680,000
1978 432,290,000
1979 324,410,000
1980 313,300,000
1981 691,860,000
1982 88,710,000
1983 32,120,000
1984 -54,980,000
1985 -3,570,000
1986 -24,650,000
1987 12,610,000
1988 4,240,000
1989 65,140,000
1990 54,880,000
1991 58,510,000
1992 -22,260,000
1993 -50,670,000
1994 -112,780,000
1995 24,310,000
1996 -152,660,000
1997 -166,410,000
1998 -57,100,000
1999 -54,740,000
2000 -175,500,000
2001 -120,140,000
2002 -94,670,000
2003 -464,710,000
2004 -76,340,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Official development assistance