Foreign aid given bilaterally and multilaterally in South Korea

South Korea: Foreign aid given bilaterally and multilaterally was 3.31 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
3.31 billion constant 2024 US$
Change on year
down 2.4%
World rank
13th
of 50 countries
All-time high
3.39 billion constant 2024 US$
in 2024
All-time low
2.87 million constant 2024 US$
in 1987
Years of data
39
1987–2025

Foreign aid given bilaterally and multilaterally in South Korea, 1987–2025

01.0B2.0B3.0B1987200620251987: 2.9M constant 2024 US$1988: 3.5M constant 2024 US$1989: 7.3M constant 2024 US$1990: 17.0M constant 2024 US$1991: 41.6M constant 2024 US$1992: 58.9M constant 2024 US$1993: 75.8M constant 2024 US$1994: 70.2M constant 2024 US$1995: 74.9M constant 2024 US$1996: 129.5M constant 2024 US$1997: 133.1M constant 2024 US$1998: 210.2M constant 2024 US$1999: 190.1M constant 2024 US$2000: 179.2M constant 2024 US$2001: 258.4M constant 2024 US$2002: 293.1M constant 2024 US$2003: 319.4M constant 2024 US$2004: 401.4M constant 2024 US$2005: 497.1M constant 2024 US$2006: 375.6M constant 2024 US$2007: 466.7M constant 2024 US$2008: 595.3M constant 2024 US$2009: 711.2M constant 2024 US$2010: 973.4M constant 2024 US$2011: 1.0B constant 2024 US$2012: 1.2B constant 2024 US$2013: 1.3B constant 2024 US$2014: 1.3B constant 2024 US$2015: 1.4B constant 2024 US$2016: 1.5B constant 2024 US$2017: 1.5B constant 2024 US$2018: 1.6B constant 2024 US$2019: 1.9B constant 2024 US$2020: 1.7B constant 2024 US$2021: 2.1B constant 2024 US$2022: 2.3B constant 2024 US$2023: 2.5B constant 2024 US$2024: 3.4B constant 2024 US$2025: 3.3B constant 2024 US$

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

Analysis

The most recent figure for foreign aid given bilaterally and multilaterally in South Korea is 3.31 billion constant 2024 US$, measured in 2025.

That represents a change of down 2.4% on the previous year and up 130.4% over ten years.

Over the whole period, foreign aid given bilaterally and multilaterally in South Korea peaked at 3.39 billion constant 2024 US$ in 2024 and was at its lowest, 2.87 million constant 2024 US$, in 1987.

South Korea ranks 13th of 50 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.56 million constant 2024 US$ 2.87 million constant 2024 US$ 7.30 million constant 2024 US$ 3
1990s 100.13 million constant 2024 US$ 17.02 million constant 2024 US$ 210.16 million constant 2024 US$ 10
2000s 409.74 million constant 2024 US$ 179.25 million constant 2024 US$ 711.25 million constant 2024 US$ 10
2010s 1.38 billion constant 2024 US$ 973.36 million constant 2024 US$ 1.85 billion constant 2024 US$ 10
2020s 2.55 billion constant 2024 US$ 1.73 billion constant 2024 US$ 3.39 billion constant 2024 US$ 6

Countries ranked near South Korea

  1. 10 Italy 4.05 billion constant 2024 US$ compare
  2. 11 Norway 3.74 billion constant 2024 US$ compare
  3. 12 Switzerland 3.38 billion constant 2024 US$ compare
  4. 14 Sweden 3.12 billion constant 2024 US$ compare
  5. 15 United Arab Emirates 2.85 billion constant 2024 US$ compare
  6. 16 Australia 2.62 billion constant 2024 US$ compare

See the full ranking of 50 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is foreign aid given bilaterally and multilaterally in South Korea?
Foreign aid given bilaterally and multilaterally in South Korea was 3.31 billion constant 2024 US$ in 2025, according to OECD (2026) – with minor processing by Our World in Data.
What is the highest foreign aid given bilaterally and multilaterally recorded in South Korea?
The highest recorded value was 3.39 billion constant 2024 US$ in 2024.
What is the lowest foreign aid given bilaterally and multilaterally recorded in South Korea?
The lowest recorded value was 2.87 million constant 2024 US$ in 1987.
How does South Korea rank for foreign aid given bilaterally and multilaterally?
South Korea ranks 13th out of 50 countries with data for 2025.
Is foreign aid given bilaterally and multilaterally rising or falling in South Korea?
Over the last ten years it is up 130.4%. 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 minor processing by Our World in Data, published as part of Foreign aid given bilaterally and multilaterally. Statizoid updates them automatically from the source API.

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CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Foreign aid given bilaterally and multilaterally
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
50 places, 2,102 data points, 1960–2025
Last refreshed

Bilateral ODA represents flows from official (government) sources directly to the recipient country. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.