Europe & Central Asia (IDA & IBRD countries) | Net bilateral aid flows from DAC donors, Korea, Rep. (current US$)
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovienia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars. Limitations and exceptions: Data exclude DAC members’ multilateral aid (contributions to the regular budgets of the multilateral institutions). However, projects executed by multilateral institutions or nongovernmental organizations on behalf of DAC members are classified as bilateral aid (since the donor country effectively controls the use of the funds) and are included in the data. Aid to unspecified economies is included in regional totals and, when possible, income group totals. Aid not allocated by country or region - including administrative costs, research on development, and aid to nongovernmental organizations - is included in the world total. Thus regional and income group totals do not sum to the world total. Statistical concept and methodology: The Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) has 30 members - 29 individual economies and 1 multilateral institution (European Union institutions). Data are based on donor country reports of bilateral programs, which may differ from reports by recipient countries. Recipients may lack access to information on such aid expenditures as development-oriented research, stipends and tuition costs for aid-financed students in donor countries, and payment of experts hired by donor countries. Moreover, a full accounting would include donor country contributions to multilateral institutions, the flow of resources from multilateral institutions to recipient countries, and flows from countries that are not members of DAC. Some of the aid recipients are also aid donors. Development cooperation activities by non-DAC members have increased in recent years and in some cases surpass those of individual DAC members. Some non-DAC donors report their development cooperation activities to DAC on a voluntary basis, but many do not yet report their aid flows to DAC.
Publisher
The World Bank
Origin
Europe & Central Asia (IDA & IBRD countries)
Records
63
Source
Europe & Central Asia (IDA & IBRD countries) | Net bilateral aid flows from DAC donors, Korea, Rep. (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
29999.99932945 1988
9999.99977648 1989
99999.99776483 1990
700000.01229346 1991
830000.0037998 1992
43050001.667812 1993
18019999.681041 1994
30780000.600964 1995
21179999.344051 1996
12380000.110716 1997
-17590000.476688 1998
36959999.607876 1999
24069999.627769 2000
32540000.151843 2001
45229999.87565 2002
10949999.943376 2003
15539999.835193 2004
10530000.114813 2005
39120000.483468 2006
23690000.390634 2007
25310000.130907 2008
56219999.83117 2009
81049998.899922 2010
56990000.002086 2011
41080000.082031 2012
25439999.587834 2013
44350000.068545 2014
19569999.918342 2015
50809998.47874 2016
79570000.654086 2017
56299999.32833 2018
103499999.59953 2019
89070001.333952 2020
67840000.519529 2021
2022
Europe & Central Asia (IDA & IBRD countries) | Net bilateral aid flows from DAC donors, Korea, Rep. (current US$)
Net bilateral aid flows from DAC donors are the net disbursements of official development assistance (ODA) or official aid from the members of the Development Assistance Committee (DAC). Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. DAC members are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovienia, Spain, Sweden, Switzerland, United Kingdom, United States, and European Union Institutions. Regional aggregates include data for economies not specified elsewhere. World and income group totals include aid not allocated by country or region. Data are in current U.S. dollars. Limitations and exceptions: Data exclude DAC members’ multilateral aid (contributions to the regular budgets of the multilateral institutions). However, projects executed by multilateral institutions or nongovernmental organizations on behalf of DAC members are classified as bilateral aid (since the donor country effectively controls the use of the funds) and are included in the data. Aid to unspecified economies is included in regional totals and, when possible, income group totals. Aid not allocated by country or region - including administrative costs, research on development, and aid to nongovernmental organizations - is included in the world total. Thus regional and income group totals do not sum to the world total. Statistical concept and methodology: The Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) has 30 members - 29 individual economies and 1 multilateral institution (European Union institutions). Data are based on donor country reports of bilateral programs, which may differ from reports by recipient countries. Recipients may lack access to information on such aid expenditures as development-oriented research, stipends and tuition costs for aid-financed students in donor countries, and payment of experts hired by donor countries. Moreover, a full accounting would include donor country contributions to multilateral institutions, the flow of resources from multilateral institutions to recipient countries, and flows from countries that are not members of DAC. Some of the aid recipients are also aid donors. Development cooperation activities by non-DAC members have increased in recent years and in some cases surpass those of individual DAC members. Some non-DAC donors report their development cooperation activities to DAC on a voluntary basis, but many do not yet report their aid flows to DAC.
Publisher
The World Bank
Origin
Europe & Central Asia (IDA & IBRD countries)
Records
63
Source