Foreign aid given by sector in South Korea

South Korea: Foreign aid given by sector was 256.69 million constant 2024 US$ in 2024. ◆ Volatile

Latest (2024)
256.69 million constant 2024 US$
Change on year
up 15.6%
World rank
19th
of 44 countries
All-time high
285.62 million constant 2024 US$
in 2022
All-time low
565,814 constant 2024 US$
in 1987
Years of data
36
1987–2024

Foreign aid given by sector in South Korea, 1987–2024

0100.0M200.0M300.0M1987200520241987: 565.8k constant 2024 US$1988: 651.5k constant 2024 US$1989: 1.5M constant 2024 US$1990: 1.5M constant 2024 US$1991: 10.0M constant 2024 US$1992: 15.1M constant 2024 US$1993: 14.1M constant 2024 US$1995: 16.7M constant 2024 US$1997: 16.1M constant 2024 US$1998: 15.0M constant 2024 US$1999: 13.1M constant 2024 US$2000: 12.8M constant 2024 US$2001: 14.5M constant 2024 US$2002: 15.8M constant 2024 US$2003: 27.9M constant 2024 US$2004: 26.3M constant 2024 US$2005: 28.4M constant 2024 US$2006: 33.9M constant 2024 US$2007: 41.2M constant 2024 US$2008: 49.5M constant 2024 US$2009: 49.9M constant 2024 US$2010: 56.6M constant 2024 US$2011: 91.5M constant 2024 US$2012: 86.2M constant 2024 US$2013: 105.7M constant 2024 US$2014: 111.9M constant 2024 US$2015: 133.9M constant 2024 US$2016: 167.6M constant 2024 US$2017: 162.2M constant 2024 US$2018: 163.4M constant 2024 US$2019: 217.4M constant 2024 US$2020: 189.0M constant 2024 US$2021: 187.8M constant 2024 US$2022: 285.6M constant 2024 US$2023: 222.1M constant 2024 US$2024: 256.7M constant 2024 US$

Source: OECD (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

In 2024, foreign aid given by sector in South Korea stood at 256.69 million constant 2024 US$.

That represents a change of up 15.6% on the previous year and up 129.4% over ten years.

Over the whole period, foreign aid given by sector in South Korea peaked at 285.62 million constant 2024 US$ in 2022 and was at its lowest, 565,814 constant 2024 US$, in 1987.

South Korea ranks 19th of 44 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Foreign aid given by sector in South Korea, year by year

Annual values for Foreign aid given by sector in South Korea, 1987 to 2024.
Year constant 2024 US$ Change
1987 565,814 constant 2024 US$
1988 651,516 constant 2024 US$ +15.1%
1989 1.47 million constant 2024 US$ +126.2%
1990 1.50 million constant 2024 US$ +1.8%
1991 10.02 million constant 2024 US$ +568.2%
1992 15.07 million constant 2024 US$ +50.3%
1993 14.06 million constant 2024 US$ -6.7%
1995 16.74 million constant 2024 US$ +19.1%
1997 16.12 million constant 2024 US$ -3.7%
1998 14.98 million constant 2024 US$ -7.1%
1999 13.06 million constant 2024 US$ -12.8%
2000 12.84 million constant 2024 US$ -1.6%
2001 14.52 million constant 2024 US$ +13.0%
2002 15.79 million constant 2024 US$ +8.8%
2003 27.91 million constant 2024 US$ +76.7%
2004 26.33 million constant 2024 US$ -5.6%
2005 28.40 million constant 2024 US$ +7.9%
2006 33.93 million constant 2024 US$ +19.5%
2007 41.17 million constant 2024 US$ +21.3%
2008 49.46 million constant 2024 US$ +20.1%
2009 49.90 million constant 2024 US$ +0.9%
2010 56.56 million constant 2024 US$ +13.3%
2011 91.47 million constant 2024 US$ +61.7%
2012 86.25 million constant 2024 US$ -5.7%
2013 105.72 million constant 2024 US$ +22.6%
2014 111.91 million constant 2024 US$ +5.9%
2015 133.93 million constant 2024 US$ +19.7%
2016 167.57 million constant 2024 US$ +25.1%
2017 162.19 million constant 2024 US$ -3.2%
2018 163.39 million constant 2024 US$ +0.7%
2019 217.41 million constant 2024 US$ +33.1%
2020 189.04 million constant 2024 US$ -13.0%
2021 187.83 million constant 2024 US$ -0.6%
2022 285.62 million constant 2024 US$ +52.1%
2023 222.09 million constant 2024 US$ -22.2%
2024 256.69 million constant 2024 US$ +15.6%

South Korea compared with similar countries

  • South Korea's 256.69 million constant 2024 US$ is above the median for high income countries, which is 167.79 million constant 2024 US$, 1.5× the median. (41 countries reporting)

Biggest year-on-year movements

Years where Foreign aid given by sector 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.

YearChange FromTo
1991 +568.2% 1.50 million constant 2024 US$ 10.02 million constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1980s 897,057 constant 2024 US$ 565,814 constant 2024 US$ 1.47 million constant 2024 US$ 3
1990s 12.69 million constant 2024 US$ 1.50 million constant 2024 US$ 16.74 million constant 2024 US$ 8
2000s 30.03 million constant 2024 US$ 12.84 million constant 2024 US$ 49.90 million constant 2024 US$ 10
2010s 129.64 million constant 2024 US$ 56.56 million constant 2024 US$ 217.41 million constant 2024 US$ 10
2020s 228.25 million constant 2024 US$ 187.83 million constant 2024 US$ 285.62 million constant 2024 US$ 5

Countries ranked near South Korea

  1. 16 Poland 458.94 million constant 2024 US$ compare
  2. 17 Sweden 421.36 million constant 2024 US$ compare
  3. 18 Finland 365.88 million constant 2024 US$ compare
  4. 20 Australia 201.13 million constant 2024 US$ compare
  5. 21 Saudi Arabia 197.74 million constant 2024 US$ compare
  6. 22 Czechia 167.79 million constant 2024 US$ compare

See the full ranking of 49 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is foreign aid given by sector in South Korea?
Foreign aid given by sector in South Korea was 256.69 million constant 2024 US$ in 2024, according to OECD (2026) – with major processing by Our World in Data.
What is the highest foreign aid given by sector recorded in South Korea?
The highest recorded value was 285.62 million constant 2024 US$ in 2022.
What is the lowest foreign aid given by sector recorded in South Korea?
The lowest recorded value was 565,814 constant 2024 US$ in 1987.
How does South Korea rank for foreign aid given by sector?
South Korea ranks 19th out of 44 countries with data for 2024.
Is foreign aid given by sector rising or falling in South Korea?
Over the last ten years it is up 129.4%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from OECD (2026) – with major processing by Our World in Data, published as part of Foreign aid given by sector. Statizoid updates them automatically from the source API.

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Foreign aid given by sector in South Korea. Statizoid, drawing on OECD (2026) – with major processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/foreign-aid-given-by-sector/korea-rep/

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About this data

Indicator
Foreign aid given by sector
Unit
constant 2024 US$
Source
OECD (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
49 places, 1,492 data points, 1967–2024
Last refreshed

Official development assistance given that is unallocated / unspecified. Monetary aid is estimated using commitment or gross disbursement data. This data is expressed in US dollars. It is adjusted for inflation.