Korea, Rep.: Net ODA provided, total (% of GNI)

Key figures

What the numbers say

In 2017, Korea, Rep.'s net ODA provided, total (% of GNI) fell 0.02 percentage points on 2016 (from 0.16% to 0.14%).

Across the 29 yearly changes before that (1988 to 2016), the average change was +0 percentage points and a typical year strayed about 0.02 percentage points from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 0.03 percentage points in 2005 and the biggest yearly fall was 0.04 percentage points in 2006. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2008 to 2017 the straight-line trend is upward, about 0.00663 percentage points a year. A straight line explains 82% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 0.19% for 2020. We show this only because the same method, fitted on earlier years, predicted 2015 to 2017 better than "no change" would have: its average miss was 0.01%, against 0.02% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2017, Korea, Rep. had the 27th highest value of the 32 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Korea, Rep. in the 2017 ranking

• Slovenia — 24th of 32: 0.16%
• Greece — 25th of 32: 0.16%
• Czechia — 26th of 32: 0.15%
• Poland — 28th of 32: 0.13%
• Slovak Republic — 29th of 32: 0.13%
• Lithuania — 30th of 32: 0.13%

What this measures

Net Official development assistance (ODA) comprises grants or loans to developing countries and territories on the OECD/DAC list of aid recipients that are undertaken by the official sector with promotion of economic development and welfare as the main objective and at concessional financial terms. It is shown as a share of donors' GNI.

All 31 values

Net ODA provided, total (% of GNI) in nearby economies

• Australia — 0.23% (2017)
• Japan — 0.23% (2017)
• New Zealand — 0.23% (2017)

More economic policy & debt data for Korea, Rep.

• Total reserves, including gold (current US$) — US$436.57 billion (2025)
• Total reserves, excluding gold (current US$) — US$421.91 billion (2025)
• General government final consumption expenditure (current US$) — US$330.43 billion (2025)
• General government final consumption expenditure (current LCU) — 470.02 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$332.28 billion (2025)
• General government final consumption expenditure (constant LCU) — 411.92 trillion (2025)
• General government final consumption expenditure (% of GDP) — 17.65% (2025)
• Households and NPISHs final consumption expenditure (current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Korea, Rep.'s net ODA provided, total (% of GNI)?

0.14% in 2017, according to the World Bank (World Development Indicators).

How has it changed since 1987?

It is up 0.13 percentage points from 0.02% in 1987. The highest value was 0.16% in 2016 and the lowest 0.02% in 1989.

Source

World Bank, World Development Indicators, indicator DC.ODA.TOTL.GN.ZS, licensed CC BY 4.0. Original source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), uri: www.oecd.org/dac/stats/idsonline; Geographical Distribution of Financial Flows to Developing Countries, Organisation for Economic Co-operation and Development (OECD), uri: www.oecd.org/dac/stats/ids… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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