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

Latest (2024)
3.99 billion constant 2024 US$
Change on year
up 30.2%
World rank
13th
of 43 countries
All-time high
3.99 billion constant 2024 US$
in 2024
All-time low
1.19 billion constant 2024 US$
in 2010
Years of data
15
2010–2024

Foreign aid spent in recipient countries in South Korea, 2010–2024

1.0B2.0B3.0B4.0B2010201720242010: 1.2B constant 2024 US$2011: 1.2B constant 2024 US$2012: 1.5B constant 2024 US$2013: 1.6B constant 2024 US$2014: 1.6B constant 2024 US$2015: 1.7B constant 2024 US$2016: 2.0B constant 2024 US$2017: 1.9B constant 2024 US$2018: 2.0B constant 2024 US$2019: 2.3B constant 2024 US$2020: 2.0B constant 2024 US$2021: 2.5B constant 2024 US$2022: 2.7B constant 2024 US$2023: 3.1B constant 2024 US$2024: 4.0B constant 2024 US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 10 Italy 4.86 billion constant 2024 US$ compare
  2. 11 Sweden 4.45 billion constant 2024 US$ compare
  3. 12 Norway 4.28 billion constant 2024 US$ compare
  4. 14 Spain 3.47 billion constant 2024 US$ compare
  5. 15 Australia 3.34 billion constant 2024 US$ compare
  6. 16 Switzerland 3.14 billion constant 2024 US$ 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 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

Indicator
Foreign aid spent in recipient countries
Unit
constant 2024 US$
Source
OECD (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
43 places, 580 data points, 2010–2024
Last refreshed

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.