Net official development assistance (ODA) to LDCs from OECD-DAC in Republic of Korea
Republic of Korea: Net official development assistance (ODA) to LDCs from OECD-DAC was 1,185 million constant US$ in 2024. ◆ Volatile
Net official development assistance (ODA) to LDCs from OECD-DAC in Republic of Korea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in million constant US$.
Analysis
The most recent figure for net official development assistance (oda) to ldcs from oecd-dac in Republic of Korea is 1,185 million constant US$, measured in 2024. That is the highest value across all 25 years on record.
The figure is up 9.2% on the previous year and up 77.3% over ten years.
Over the whole period, net official development assistance (oda) to ldcs from oecd-dac in Republic of Korea peaked at 1,185 million constant US$ in 2024 and was at its lowest, 75.79 million constant US$, in 2001.
That places Republic of Korea 10th out of 51 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance (ODA) to LDCs from OECD-DAC in Republic of Korea, year by year
| Year | million constant US$ | Change |
|---|---|---|
| 2000 | 81.57 million constant US$ | — |
| 2001 | 75.79 million constant US$ | -7.1% |
| 2002 | 105.58 million constant US$ | +39.3% |
| 2003 | 142.86 million constant US$ | +35.3% |
| 2004 | 154.17 million constant US$ | +7.9% |
| 2005 | 232.48 million constant US$ | +50.8% |
| 2006 | 130.46 million constant US$ | -43.9% |
| 2007 | 200.15 million constant US$ | +53.4% |
| 2008 | 258.41 million constant US$ | +29.1% |
| 2009 | 306.47 million constant US$ | +18.6% |
| 2010 | 480.64 million constant US$ | +56.8% |
| 2011 | 480.69 million constant US$ | +0.0% |
| 2012 | 589.94 million constant US$ | +22.7% |
| 2013 | 699.29 million constant US$ | +18.5% |
| 2014 | 668.25 million constant US$ | -4.4% |
| 2015 | 709.87 million constant US$ | +6.2% |
| 2016 | 743.21 million constant US$ | +4.7% |
| 2017 | 729.01 million constant US$ | -1.9% |
| 2018 | 877.31 million constant US$ | +20.3% |
| 2019 | 930.09 million constant US$ | +6.0% |
| 2020 | 854.23 million constant US$ | -8.2% |
| 2021 | 912.01 million constant US$ | +6.8% |
| 2022 | 961.26 million constant US$ | +5.4% |
| 2023 | 1,085 million constant US$ | +12.8% |
| 2024 | 1,185 million constant US$ | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 168.79 million constant US$ | 75.79 million constant US$ | 306.47 million constant US$ | 10 |
| 2010s | 690.83 million constant US$ | 480.64 million constant US$ | 930.09 million constant US$ | 10 |
| 2020s | 999.36 million constant US$ | 854.23 million constant US$ | 1,185 million constant US$ | 5 |
Countries ranked near Republic of Korea
- 7 Canada 1,634 million constant US$ compare
- 8 Sweden 1,544 million constant US$ compare
- 9 Netherlands (Kingdom of the) 1,331 million constant US$ compare
- 10 Republic of Korea 1,185 million constant US$ compare
- 12 United Arab Emirates 1,183 million constant US$ compare
- 13 Switzerland 1,090 million constant US$ compare
More public sector data for Republic of Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 362.84 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 919.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0254 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.4824 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 47.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,234 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net official development assistance (oda) to ldcs from oecd-dac in Republic of Korea?
- Net official development assistance (oda) to ldcs from oecd-dac in Republic of Korea was 1,185 million constant US$ in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest net official development assistance (oda) to ldcs from oecd-dac recorded in Republic of Korea?
- The highest recorded value was 1,185 million constant US$ in 2024.
- What is the lowest net official development assistance (oda) to ldcs from oecd-dac recorded in Republic of Korea?
- The lowest recorded value was 75.79 million constant US$ in 2001.
- How does Republic of Korea rank for net official development assistance (oda) to ldcs from oecd-dac?
- Republic of Korea ranks 10th out of 51 countries with data for 2024.
- Is net official development assistance (oda) to ldcs from oecd-dac rising or falling in Republic of Korea?
- Over the last ten years it is up 77.3%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Net official development assistance (ODA) to LDCs from OECD-DAC countries, by donor countries (millions of constant 2024 United States dollars). Statizoid updates them automatically from the source API.
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