Amount of foreign aid spend in recipient countries in South Korea

South Korea: Amount of foreign aid spend in recipient countries was 3.99 billion in 2024. ▲ Rising

Latest (2024)
3.99 billion
Change on year
up 57.7%
World rank
13th
of 43 countries
All-time high
3.99 billion
in 2024
All-time low
1.24 billion
in 2011
Years of data
15
2010–2024

Amount of foreign aid spend in recipient countries in South Korea, 2010–2024

1.0B2.0B3.0B4.0B2010201720242010: 1.2B2011: 1.2B2012: 1.5B2013: 1.6B2014: 1.6B2015: 1.7B2016: 2.0B2017: 1.9B2018: 2.0B2019: 2.3B2020: 2.0B2021: 2.5B2022: 2.7B2023: 3.1B2024: 4.0B

Source: Our World in Data.

Analysis

In 2024, amount of foreign aid spend in recipient countries in South Korea stood at 3.99 billion. That is the highest value across all 15 years on record.

That represents a change of up 57.7% on the previous year and up 147.6% over ten years.

Over the whole period, amount of foreign aid spend in recipient countries in South Korea peaked at 3.99 billion in 2024 and was at its lowest, 1.24 billion, in 2011.

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.

Amount of foreign aid spend in recipient countries in South Korea, year by year

Annual values for Amount of foreign aid spend in recipient countries in South Korea, 2010 to 2024.
Year Value Change
2010 1.19 billion —
2011 1.24 billion +4.0%
2012 1.51 billion +22.1%
2013 1.59 billion +5.4%
2014 1.61 billion +1.4%
2015 1.72 billion +6.8%
2016 2.03 billion +17.9%
2017 1.90 billion -6.3%
2018 2.04 billion +7.0%
2019 2.26 billion +11.2%
2020 2.04 billion -10.1%
2021 2.53 billion +24.3%
2022 2.70 billion +6.8%
2023 3.07 billion +13.4%
2024 3.99 billion +30.2%

South Korea compared with similar countries

  • South Korea's 3.99 billion is above the median for high income countries, which is 1.30 billion, 3.1× the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.71 billion 1.19 billion 2.26 billion 10
2020s 2.87 billion 2.04 billion 3.99 billion 5

Countries ranked near South Korea

  1. 10 Italy 4.86 billion compare
  2. 11 Sweden 4.45 billion compare
  3. 12 Norway 4.28 billion compare
  4. 14 Spain 3.47 billion compare
  5. 15 Australia 3.34 billion compare
  6. 16 Switzerland 3.14 billion compare

See the full ranking of 43 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is amount of foreign aid spend in recipient countries in South Korea?
Amount of foreign aid spend in recipient countries in South Korea was 3.99 billion in 2024, according to Our World in Data.
What is the highest amount of foreign aid spend in recipient countries recorded in South Korea?
The highest recorded value was 3.99 billion in 2024.
What is the lowest amount of foreign aid spend in recipient countries recorded in South Korea?
The lowest recorded value was 1.24 billion in 2011.
How does South Korea rank for amount of foreign aid spend in recipient countries?
South Korea ranks 13th out of 43 countries with data for 2024.
Is amount of foreign aid spend 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 Our World in Data, published as part of Amount of foreign aid spend in recipient countries. Statizoid updates them automatically from the source API.

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Amount of foreign aid spend in recipient countries in South Korea. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/amount-of-foreign-aid-spend-in-recipient-countries/korea-rep/

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About this data

Indicator
Amount of foreign aid spend in recipient countries
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
43 places, 433 data points, 2011–2024
Last refreshed