Official development assistance to least-developed countries in South Korea

South Korea: Official development assistance to least-developed countries was 1.18 billion millions of constant united states dollars in 2024. ◆ Volatile

Latest (2024)
1.18 billion millions of constant united states dollars
Change on year
up 9.2%
World rank
9th
of 47 countries
All-time high
1.18 billion millions of constant united states dollars
in 2024
All-time low
75.79 million millions of constant united states dollars
in 2001
Years of data
25
2000–2024

Official development assistance to least-developed countries in South Korea, 2000–2024

0250.0M500.0M750.0M1.0B1.2B2000201220242000: 81.6M millions of constant united states dollars2001: 75.8M millions of constant united states dollars2002: 105.6M millions of constant united states dollars2003: 142.9M millions of constant united states dollars2004: 154.2M millions of constant united states dollars2005: 232.5M millions of constant united states dollars2006: 130.5M millions of constant united states dollars2007: 200.2M millions of constant united states dollars2008: 258.4M millions of constant united states dollars2009: 306.5M millions of constant united states dollars2010: 480.6M millions of constant united states dollars2011: 480.7M millions of constant united states dollars2012: 589.9M millions of constant united states dollars2013: 699.3M millions of constant united states dollars2014: 668.2M millions of constant united states dollars2015: 709.9M millions of constant united states dollars2016: 743.2M millions of constant united states dollars2017: 729.0M millions of constant united states dollars2018: 877.3M millions of constant united states dollars2019: 930.1M millions of constant united states dollars2020: 854.2M millions of constant united states dollars2021: 912.0M millions of constant united states dollars2022: 961.3M millions of constant united states dollars2023: 1.1B millions of constant united states dollars2024: 1.2B millions of constant united states dollars

Source: Organisation for Economic Co-operation and Development – processed by Our World in Data. Measured in millions of constant united states dollars.

Analysis

South Korea recorded 1.18 billion millions of constant united states dollars for official development assistance to least-developed countries in 2024. That is the highest value across all 25 years on record.

That represents a change of up 9.2% on the previous year and up 77.3% over ten years.

Over the whole period, official development assistance to least-developed countries in South Korea peaked at 1.18 billion millions of constant united states dollars in 2024 and was at its lowest, 75.79 million millions of constant united states dollars, in 2001.

South Korea ranks 9th of 47 countries on this measure, in the top quarter.

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

Official development assistance to least-developed countries in South Korea, year by year

Annual values for Official development assistance to least-developed countries in South Korea, 2000 to 2024.
Year millions of constant united states dollars Change
2000 81.57 million millions of constant united states dollars —
2001 75.79 million millions of constant united states dollars -7.1%
2002 105.58 million millions of constant united states dollars +39.3%
2003 142.86 million millions of constant united states dollars +35.3%
2004 154.17 million millions of constant united states dollars +7.9%
2005 232.48 million millions of constant united states dollars +50.8%
2006 130.46 million millions of constant united states dollars -43.9%
2007 200.15 million millions of constant united states dollars +53.4%
2008 258.41 million millions of constant united states dollars +29.1%
2009 306.47 million millions of constant united states dollars +18.6%
2010 480.64 million millions of constant united states dollars +56.8%
2011 480.68 million millions of constant united states dollars +0.0%
2012 589.94 million millions of constant united states dollars +22.7%
2013 699.29 million millions of constant united states dollars +18.5%
2014 668.25 million millions of constant united states dollars -4.4%
2015 709.87 million millions of constant united states dollars +6.2%
2016 743.21 million millions of constant united states dollars +4.7%
2017 729.01 million millions of constant united states dollars -1.9%
2018 877.31 million millions of constant united states dollars +20.3%
2019 930.09 million millions of constant united states dollars +6.0%
2020 854.23 million millions of constant united states dollars -8.2%
2021 912.01 million millions of constant united states dollars +6.8%
2022 961.26 million millions of constant united states dollars +5.4%
2023 1.08 billion millions of constant united states dollars +12.8%
2024 1.18 billion millions of constant united states dollars +9.2%

South Korea compared with similar countries

  • South Korea's 1.18 billion millions of constant united states dollars is above the median for East Asia & Pacific, which is 767.54 million millions of constant united states dollars, 1.5× the median. (5 countries reporting)
  • South Korea's 1.18 billion millions of constant united states dollars is above the median for high income countries, which is 149.03 million millions of constant united states dollars, 7.9× the median. (43 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 168.79 million millions of constant united states dollars 75.79 million millions of constant united states dollars 306.47 million millions of constant united states dollars 10
2010s 690.83 million millions of constant united states dollars 480.64 million millions of constant united states dollars 930.09 million millions of constant united states dollars 10
2020s 999.36 million millions of constant united states dollars 854.23 million millions of constant united states dollars 1.18 billion millions of constant united states dollars 5

Countries ranked near South Korea

  1. 6 Canada 1.63 billion millions of constant united states dollars compare
  2. 7 Sweden 1.54 billion millions of constant united states dollars compare
  3. 8 Netherlands 1.33 billion millions of constant united states dollars compare
  4. 10 United Arab Emirates 1.18 billion millions of constant united states dollars compare
  5. 11 Switzerland 1.09 billion millions of constant united states dollars compare
  6. 12 Italy 1.09 billion millions of constant united states dollars compare

See the full ranking of 47 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is official development assistance to least-developed countries in South Korea?
Official development assistance to least-developed countries in South Korea was 1.18 billion millions of constant united states dollars in 2024, according to Organisation for Economic Co-operation and Development – processed by Our World in Data.
What is the highest official development assistance to least-developed countries recorded in South Korea?
The highest recorded value was 1.18 billion millions of constant united states dollars in 2024.
What is the lowest official development assistance to least-developed countries recorded in South Korea?
The lowest recorded value was 75.79 million millions of constant united states dollars in 2001.
How does South Korea rank for official development assistance to least-developed countries?
South Korea ranks 9th out of 47 countries with data for 2024.
Is official development assistance to least-developed countries rising or falling in South Korea?
Over the last ten years it is up 77.3%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Organisation for Economic Co-operation and Development – processed by Our World in Data, published as part of Official development assistance to least-developed countries. Statizoid updates them automatically from the source API.

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Official development assistance to least-developed countries in South Korea. Statizoid, drawing on Organisation for Economic Co-operation and Development – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/official-development-assistance-to-least-developed-countries/korea-rep/

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About this data

Indicator
Official development assistance to least-developed countries
Unit
millions of constant united states dollars
Source
Organisation for Economic Co-operation and Development – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
47 places, 1,077 data points, 2000–2024
Last refreshed

Net official development assistance (ODA) to LDCs from OECD-DAC countries, by donor countries (millions of constant 2024 United States dollars).