IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source
IDA & IBRD total | 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
1988 1640000.0136346
1989 4039999.9395013
1990 11159999.741241
1991 23790000.053123
1992 33270000.269637
1993 90610001.042485
1994 64789999.771863
1995 79790000.788868
1996 117770000.41306
1997 102810001.50368
1998 93899998.450652
1999 135109999.04387
2000 124590000.486
2001 161710001.94363
2002 208929999.19131
2003 232529999.73111
2004 307180002.01881
2005 435419992.78031
2006 329990000.18835
2007 429769995.36343
2008 445980000.49218
2009 473299995.20071
2010 796980002.86333
2011 841580000.87365
2012 1002880010.1895
2013 1123440003.8291
2014 1169909992.3093
2015 1223230001.9525
2016 1253990001.3413
2017 1312229998.9685
2018 1473959995.1897
2019 1634709991.4309
2020 1489530012.6038
2021 1886259992.9366
2022

IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source