Foreign aid received by income group in South Korea

South Korea: Foreign aid received by income group was -52.38 million constant 2024 US$ in 1999. ◆ Volatile

Latest (1999)
-52.38 million constant 2024 US$
Change on year
up 1.2%
World rank
175th
of 178 countries
All-time high
2.19 billion constant 2024 US$
in 1969
All-time low
-149.46 million constant 2024 US$
in 1997
Years of data
40
1960–1999

Foreign aid received by income group in South Korea, 1960–1999

0500.0M1.0B1.5B2.0B1960197919991960: 2.0B constant 2024 US$1961: 1.8B constant 2024 US$1962: 1.9B constant 2024 US$1963: 2.1B constant 2024 US$1964: 1.3B constant 2024 US$1965: 1.7B constant 2024 US$1966: 1.7B constant 2024 US$1967: 1.8B constant 2024 US$1968: 1.6B constant 2024 US$1969: 2.2B constant 2024 US$1970: 1.7B constant 2024 US$1971: 1.9B constant 2024 US$1972: 2.0B constant 2024 US$1973: 1.2B constant 2024 US$1974: 928.0M constant 2024 US$1975: 956.6M constant 2024 US$1976: 872.8M constant 2024 US$1977: 780.8M constant 2024 US$1978: 456.8M constant 2024 US$1979: 334.2M constant 2024 US$1980: 304.8M constant 2024 US$1981: 586.1M constant 2024 US$1982: 95.8M constant 2024 US$1983: 40.5M constant 2024 US$1984: -30.8M constant 2024 US$1985: -3.8M constant 2024 US$1986: -25.5M constant 2024 US$1987: 7.9M constant 2024 US$1988: -3.3M constant 2024 US$1989: 54.2M constant 2024 US$1990: 38.0M constant 2024 US$1991: 47.7M constant 2024 US$1992: -36.2M constant 2024 US$1993: -58.7M constant 2024 US$1994: -107.7M constant 2024 US$1995: 6.5M constant 2024 US$1996: -143.3M constant 2024 US$1997: -149.5M constant 2024 US$1998: -53.0M constant 2024 US$1999: -52.4M constant 2024 US$

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

Analysis

In 1999, foreign aid received by income group in South Korea stood at -52.38 million constant 2024 US$.

The figure is up 1.2% on the previous year and down 196.7% over ten years.

Over the whole period, foreign aid received by income group in South Korea peaked at 2.19 billion constant 2024 US$ in 1969 and was at its lowest, -149.46 million constant 2024 US$, in 1997.

That places South Korea 175th out of 178 countries with data for 1999, putting it in the bottom quarter.

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

Foreign aid received by income group in South Korea, year by year

Annual values for Foreign aid received by income group in South Korea, 1960 to 1999.
Year constant 2024 US$ Change
1960 2.04 billion constant 2024 US$
1961 1.84 billion constant 2024 US$ -9.6%
1962 1.87 billion constant 2024 US$ +1.6%
1963 2.06 billion constant 2024 US$ +10.0%
1964 1.31 billion constant 2024 US$ -36.3%
1965 1.68 billion constant 2024 US$ +27.9%
1966 1.70 billion constant 2024 US$ +1.3%
1967 1.84 billion constant 2024 US$ +8.2%
1968 1.64 billion constant 2024 US$ -11.1%
1969 2.19 billion constant 2024 US$ +33.6%
1970 1.69 billion constant 2024 US$ -22.8%
1971 1.88 billion constant 2024 US$ +11.2%
1972 1.95 billion constant 2024 US$ +4.1%
1973 1.22 billion constant 2024 US$ -37.6%
1974 927.99 million constant 2024 US$ -23.9%
1975 956.59 million constant 2024 US$ +3.1%
1976 872.84 million constant 2024 US$ -8.8%
1977 780.75 million constant 2024 US$ -10.5%
1978 456.85 million constant 2024 US$ -41.5%
1979 334.22 million constant 2024 US$ -26.8%
1980 304.84 million constant 2024 US$ -8.8%
1981 586.05 million constant 2024 US$ +92.3%
1982 95.81 million constant 2024 US$ -83.7%
1983 40.49 million constant 2024 US$ -57.7%
1984 -30.84 million constant 2024 US$ -176.2%
1985 -3.80 million constant 2024 US$ -87.7%
1986 -25.53 million constant 2024 US$ +572.0%
1987 7.93 million constant 2024 US$ -131.1%
1988 -3.34 million constant 2024 US$ -142.1%
1989 54.18 million constant 2024 US$ -1721.3%
1990 38.05 million constant 2024 US$ -29.8%
1991 47.70 million constant 2024 US$ +25.4%
1992 -36.20 million constant 2024 US$ -175.9%
1993 -58.71 million constant 2024 US$ +62.2%
1994 -107.72 million constant 2024 US$ +83.5%
1995 6.48 million constant 2024 US$ -106.0%
1996 -143.31 million constant 2024 US$ -2312.5%
1997 -149.46 million constant 2024 US$ +4.3%
1998 -53.00 million constant 2024 US$ -64.5%
1999 -52.38 million constant 2024 US$ -1.2%

South Korea compared with similar countries

  • South Korea's -52.38 million constant 2024 US$ is below the median for high income countries, which is 15.28 million constant 2024 US$. (38 countries reporting)
  • South Korea's -52.38 million constant 2024 US$ is below the median for East Asia & Pacific, which is 155.43 million constant 2024 US$. (32 countries reporting)

Biggest year-on-year movements

Years where Foreign aid received by income group 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
1996 -2312.5% 6.48 million constant 2024 US$ -143.31 million constant 2024 US$
1989 +1721.3% -3.34 million constant 2024 US$ 54.18 million constant 2024 US$
1986 -572.0% -3.80 million constant 2024 US$ -25.53 million constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.82 billion constant 2024 US$ 1.31 billion constant 2024 US$ 2.19 billion constant 2024 US$ 10
1970s 1.11 billion constant 2024 US$ 334.22 million constant 2024 US$ 1.95 billion constant 2024 US$ 10
1980s 102.58 million constant 2024 US$ -30.84 million constant 2024 US$ 586.05 million constant 2024 US$ 10
1990s -50.86 million constant 2024 US$ -149.46 million constant 2024 US$ 47.70 million constant 2024 US$ 10

Countries ranked near South Korea

  1. 172 Cayman Islands -2.75 million constant 2024 US$ compare
  2. 173 Bermuda -5.45 million constant 2024 US$ compare
  3. 174 Aruba -13.41 million constant 2024 US$ compare
  4. 176 Saudi Arabia -106.09 million constant 2024 US$ compare
  5. 177 China -321.86 million constant 2024 US$ compare
  6. 178 Vietnam -463.23 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 by income group in South Korea?
Foreign aid received by income group in South Korea was -52.38 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 by income group recorded in South Korea?
The highest recorded value was 2.19 billion constant 2024 US$ in 1969.
What is the lowest foreign aid received by income group recorded in South Korea?
The lowest recorded value was -149.46 million constant 2024 US$ in 1997.
How does South Korea rank for foreign aid received by income group?
South Korea ranks 175th out of 178 countries with data for 1999.
Is foreign aid received by income group rising or falling in South Korea?
Over the last ten years it is down 196.7%. 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 by income group. Statizoid updates them automatically from the source API.

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Foreign aid received by income group 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-received-by-income-group/korea-rep/

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About this data

Indicator
Foreign aid received by income group
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, 9,847 data points, 1960–2024
Last refreshed

Official development assistance (ODA) is defined as government aid designed to promote the economic development and welfare of developing countries. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.