Total bilateral sector allocable ODA commitments in South Korea
South Korea: Total bilateral sector allocable ODA commitments was 2.13 billion current US$ in 2015. ▲ Rising
Total bilateral sector allocable ODA commitments in South Korea, 2006–2015
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
South Korea recorded 2.13 billion current US$ for total bilateral sector allocable oda commitments in 2015.
The figure is down 2.6% on the previous year and up 245.2% over ten years.
Over the whole period, total bilateral sector allocable oda commitments in South Korea peaked at 2.19 billion current US$ in 2014 and was at its lowest, 616.69 million current US$, in 2006.
That places South Korea 10th out of 26 countries with data for 2015, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.09 billion current US$ | 616.69 million current US$ | 1.40 billion current US$ | 4 |
| 2010s | 1.88 billion current US$ | 1.51 billion current US$ | 2.19 billion current US$ | 6 |
Countries ranked near South Korea
More development goals data for South Korea
- Net ODA provided, total 4.15 billion current US$ (2024)
- Net ODA provided, total 4.15 billion constant 2023 US$ (2024)
- Net ODA provided to the least developed countries 0.0% (2023)
- Net ODA provided, to the least developed countries 782.95 million current US$ (2023)
- Net ODA provided, total 0.1% (2017)
- Agricultural support estimate 1.7% (2015)
- Bilateral, sector-allocable ODA to basic social services 13.8% (2015)
- Bilateral, sector-allocable ODA to basic social services 292.82 million current US$ (2015)
Frequently asked questions
- What is total bilateral sector allocable oda commitments in South Korea?
- Total bilateral sector allocable oda commitments in South Korea was 2.13 billion current US$ in 2015, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest total bilateral sector allocable oda commitments recorded in South Korea?
- The highest recorded value was 2.19 billion current US$ in 2014.
- What is the lowest total bilateral sector allocable oda commitments recorded in South Korea?
- The lowest recorded value was 616.69 million current US$ in 2006.
- How does South Korea rank for total bilateral sector allocable oda commitments?
- South Korea ranks 10th out of 26 countries with data for 2015.
- Is total bilateral sector allocable oda commitments rising or falling in South Korea?
- Over the last ten years it is up 245.2%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Total bilateral sector allocable ODA commitments (current US$). Statizoid updates them automatically from the source API.
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About this data
Bilateral official development assistance (ODA) commitments are firm obligations, expressed in writing and backed by the necessary funds, undertaken by official bilateral donors to provide specified assistance to a recipient country or a multilateral organization. Bilateral commitments are recorded in the full amount of expected transfer, irrespective of the time required for completing disbursements. Total sector-allocable aid is the sum of aid that can be assigned to specific sectors or multisector activities. OECD DAC.