Foreign aid received from governments and private foundations in South Korea

South Korea: Foreign aid received from governments and private foundations 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 from governments and private foundations 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

The most recent figure for foreign aid received from governments and private foundations in South Korea is -52.38 million constant 2024 US$, measured in 1999.

Compared with earlier readings it is up 1.2% on the previous year and down 196.7% over ten years.

Over the whole period, foreign aid received from governments and private foundations 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.

South Korea ranks 175th of 178 countries on this measure, in the bottom quarter.

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

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 from governments and private foundations in South Korea?
Foreign aid received from governments and private foundations 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 from governments and private foundations recorded in South Korea?
The highest recorded value was 2.19 billion constant 2024 US$ in 1969.
What is the lowest foreign aid received from governments and private foundations 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 from governments and private foundations?
South Korea ranks 175th out of 178 countries with data for 1999.
Is foreign aid received from governments and private foundations 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 from governments and private foundations. Statizoid updates them automatically from the source API.

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CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Foreign aid received from governments and private foundations
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.