Foreign aid spent in recipient countries in South Korea
South Korea: Foreign aid spent in recipient countries was 3.99 billion constant 2024 US$ in 2024. ▲ Rising
Foreign aid spent in recipient countries in South Korea, 2010–2024
Source: OECD (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2024, foreign aid spent in recipient countries in South Korea stood at 3.99 billion constant 2024 US$. That is the highest value across all 15 years on record.
That represents a change of up 30.2% on the previous year and up 147.6% over ten years.
Over the whole period, foreign aid spent in recipient countries in South Korea peaked at 3.99 billion constant 2024 US$ in 2024 and was at its lowest, 1.19 billion constant 2024 US$, in 2010.
South Korea ranks 13th of 43 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Foreign aid spent in recipient countries in South Korea, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 2010 | 1.19 billion constant 2024 US$ | — |
| 2011 | 1.24 billion constant 2024 US$ | +4.0% |
| 2012 | 1.51 billion constant 2024 US$ | +22.1% |
| 2013 | 1.59 billion constant 2024 US$ | +5.4% |
| 2014 | 1.61 billion constant 2024 US$ | +1.4% |
| 2015 | 1.72 billion constant 2024 US$ | +6.8% |
| 2016 | 2.03 billion constant 2024 US$ | +17.9% |
| 2017 | 1.90 billion constant 2024 US$ | -6.3% |
| 2018 | 2.04 billion constant 2024 US$ | +7.0% |
| 2019 | 2.26 billion constant 2024 US$ | +11.2% |
| 2020 | 2.04 billion constant 2024 US$ | -10.1% |
| 2021 | 2.53 billion constant 2024 US$ | +24.3% |
| 2022 | 2.70 billion constant 2024 US$ | +6.8% |
| 2023 | 3.07 billion constant 2024 US$ | +13.4% |
| 2024 | 3.99 billion constant 2024 US$ | +30.2% |
South Korea compared with similar countries
- South Korea's 3.99 billion constant 2024 US$ is above the median for high income countries, which is 1.30 billion constant 2024 US$, 3.1× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.71 billion constant 2024 US$ | 1.19 billion constant 2024 US$ | 2.26 billion constant 2024 US$ | 10 |
| 2020s | 2.87 billion constant 2024 US$ | 2.04 billion constant 2024 US$ | 3.99 billion constant 2024 US$ | 5 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is foreign aid spent in recipient countries in South Korea?
- Foreign aid spent in recipient countries in South Korea was 3.99 billion constant 2024 US$ in 2024, according to OECD (2026) – with minor processing by Our World in Data.
- What is the highest foreign aid spent in recipient countries recorded in South Korea?
- The highest recorded value was 3.99 billion constant 2024 US$ in 2024.
- What is the lowest foreign aid spent in recipient countries recorded in South Korea?
- The lowest recorded value was 1.19 billion constant 2024 US$ in 2010.
- How does South Korea rank for foreign aid spent in recipient countries?
- South Korea ranks 13th out of 43 countries with data for 2024.
- Is foreign aid spent in recipient countries rising or falling in South Korea?
- Over the last ten years it is up 147.6%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from OECD (2026) – with minor processing by Our World in Data, published as part of Foreign aid spent in recipient countries. Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Official development assistance component that represents overseas aid. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.