Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source
Latin America & Caribbean (excluding high income) | Net bilateral aid flows from DAC donors, Korea, Rep. (current US$)
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109999.99754131 1987
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3179999.999702 1991
2549999.9914318 1992
3430000.0164658 1993
3219999.987632 1994
3420000.0111014 1995
10839999.746531 1996
9770000.1243502 1997
4310000.0098348 1998
4730000.0265241 1999
12020000.075921 2000
13610000.036657 2001
7900000.0283122 2002
10850000.185892 2003
13849999.744445 2004
18229999.899864 2005
24859999.753535 2006
53849999.569356 2007
68109999.936074 2008
55609999.585897 2009
61679999.342188 2010
63600000.448525 2011
75549999.529496 2012
95880001.988262 2013
108750001.6205 2014
113350001.33701 2015
137129999.13469 2016
175670002.36921 2017
215049998.49759 2018
208380000.55402 2019
167420002.54616 2020
319509996.9022 2021
2022
Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source