Foreign aid received as grants and concessional loans in South Korea

South Korea: Foreign aid received as grants and concessional loans was 160.74 million constant 2024 US$ in 1999. ◆ Volatile

Latest (1999)
160.74 million constant 2024 US$
Change on year
down 2.5%
World rank
102nd
of 178 countries
All-time high
2.03 billion constant 2024 US$
in 1960
All-time low
78.45 million constant 2024 US$
in 1983
Years of data
40
1960–1999

Foreign aid received as grants and concessional loans in South Korea, 1960–1999

0500.0M1.0B1.5B2.0B1960197919991960: 2.0B constant 2024 US$1961: 1.8B constant 2024 US$1962: 1.8B constant 2024 US$1963: 1.8B constant 2024 US$1964: 1.2B constant 2024 US$1965: 1.3B constant 2024 US$1966: 1.1B constant 2024 US$1967: 1.1B constant 2024 US$1968: 954.7M constant 2024 US$1969: 714.0M constant 2024 US$1970: 544.6M constant 2024 US$1971: 407.6M constant 2024 US$1972: 447.9M constant 2024 US$1973: 272.3M constant 2024 US$1974: 236.0M constant 2024 US$1975: 244.3M constant 2024 US$1976: 115.8M constant 2024 US$1977: 149.1M constant 2024 US$1978: 115.4M constant 2024 US$1979: 100.5M constant 2024 US$1980: 101.5M constant 2024 US$1981: 85.4M constant 2024 US$1982: 134.2M constant 2024 US$1983: 78.5M constant 2024 US$1984: 84.0M constant 2024 US$1985: 91.7M constant 2024 US$1986: 85.0M constant 2024 US$1987: 107.2M constant 2024 US$1988: 105.0M constant 2024 US$1989: 116.2M constant 2024 US$1990: 139.4M constant 2024 US$1991: 129.0M constant 2024 US$1992: 132.6M constant 2024 US$1993: 142.0M constant 2024 US$1994: 115.3M constant 2024 US$1995: 130.7M constant 2024 US$1996: 135.9M constant 2024 US$1997: 116.1M constant 2024 US$1998: 164.8M constant 2024 US$1999: 160.7M constant 2024 US$

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

Analysis

In 1999, foreign aid received as grants and concessional loans in South Korea stood at 160.74 million constant 2024 US$.

Compared with earlier readings it is down 2.5% on the previous year and up 38.3% over ten years.

Over the whole period, foreign aid received as grants and concessional loans in South Korea peaked at 2.03 billion constant 2024 US$ in 1960 and was at its lowest, 78.45 million constant 2024 US$, in 1983.

South Korea ranks 102nd of 178 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.39 billion constant 2024 US$ 714.01 million constant 2024 US$ 2.03 billion constant 2024 US$ 10
1970s 263.34 million constant 2024 US$ 100.45 million constant 2024 US$ 544.57 million constant 2024 US$ 10
1980s 98.87 million constant 2024 US$ 78.45 million constant 2024 US$ 134.18 million constant 2024 US$ 10
1990s 136.65 million constant 2024 US$ 115.29 million constant 2024 US$ 164.81 million constant 2024 US$ 10

Countries ranked near South Korea

  1. 99 Vanuatu 165.96 million constant 2024 US$ compare
  2. 100 Eritrea 164.23 million constant 2024 US$ compare
  3. 101 Comoros 162.39 million constant 2024 US$ compare
  4. 103 Croatia 160.67 million constant 2024 US$ compare
  5. 104 Wallis and Futuna 155.01 million constant 2024 US$ compare
  6. 105 Dominican Republic 152.12 million constant 2024 US$ compare

See the full ranking of 185 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is foreign aid received as grants and concessional loans in South Korea?
Foreign aid received as grants and concessional loans in South Korea was 160.74 million constant 2024 US$ in 1999, according to OECD (2026) – with major processing by Our World in Data.
What is the highest foreign aid received as grants and concessional loans recorded in South Korea?
The highest recorded value was 2.03 billion constant 2024 US$ in 1960.
What is the lowest foreign aid received as grants and concessional loans recorded in South Korea?
The lowest recorded value was 78.45 million constant 2024 US$ in 1983.
How does South Korea rank for foreign aid received as grants and concessional loans?
South Korea ranks 102nd out of 178 countries with data for 1999.
Is foreign aid received as grants and concessional loans rising or falling in South Korea?
Over the last ten years it is up 38.3%. 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 received as grants and concessional loans. Statizoid updates them automatically from the source API.

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About this data

Indicator
Foreign aid received as grants and concessional loans
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
185 places, 9,817 data points, 1960–2024
Last refreshed

Official development assistance component that represents grants. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.