Grants, excluding technical cooperation in South Korea
South Korea: Grants, excluding technical cooperation was 2.48 million BoP, current US$ in 1999. ◆ Volatile
Grants, excluding technical cooperation in South Korea, 1960–1999
Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.
Analysis
In 1999, grants, excluding technical cooperation in South Korea stood at 2.48 million BoP, current US$.
Compared with earlier readings it is down 32.1% on the previous year and down 36.6% over ten years.
Over the whole period, grants, excluding technical cooperation in South Korea peaked at 249.46 million BoP, current US$ in 1960 and was at its lowest, 40,000 BoP, current US$, in 1994.
That places South Korea 169th out of 181 countries with data for 1999, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Grants, excluding technical cooperation in South Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 249.46 million BoP, current US$ | — |
| 1961 | 229.52 million BoP, current US$ | -8.0% |
| 1962 | 228.73 million BoP, current US$ | -0.3% |
| 1963 | 228.93 million BoP, current US$ | +0.1% |
| 1964 | 154.18 million BoP, current US$ | -32.7% |
| 1965 | 169.68 million BoP, current US$ | +10.1% |
| 1966 | 135.86 million BoP, current US$ | -19.9% |
| 1967 | 145.30 million BoP, current US$ | +6.9% |
| 1968 | 128.72 million BoP, current US$ | -11.4% |
| 1969 | 89.17 million BoP, current US$ | -30.7% |
| 1970 | 74.53 million BoP, current US$ | -16.4% |
| 1971 | 53.28 million BoP, current US$ | -28.5% |
| 1972 | 69.88 million BoP, current US$ | +31.2% |
| 1973 | 45.00 million BoP, current US$ | -35.6% |
| 1974 | 45.86 million BoP, current US$ | +1.9% |
| 1975 | 48.31 million BoP, current US$ | +5.3% |
| 1976 | 8.17 million BoP, current US$ | -83.1% |
| 1977 | 17.70 million BoP, current US$ | +116.6% |
| 1978 | 14.45 million BoP, current US$ | -18.4% |
| 1979 | 8.67 million BoP, current US$ | -40.0% |
| 1980 | 7.50 million BoP, current US$ | -13.5% |
| 1981 | 740,000 BoP, current US$ | -90.1% |
| 1982 | 19.39 million BoP, current US$ | +2520.3% |
| 1983 | 360,000 BoP, current US$ | -98.1% |
| 1984 | 1.80 million BoP, current US$ | +400.0% |
| 1985 | 1.67 million BoP, current US$ | -7.2% |
| 1986 | 1.97 million BoP, current US$ | +18.0% |
| 1987 | 670,000 BoP, current US$ | -66.0% |
| 1988 | 1.28 million BoP, current US$ | +91.0% |
| 1989 | 3.91 million BoP, current US$ | +205.5% |
| 1990 | 4.45 million BoP, current US$ | +13.8% |
| 1991 | 5.77 million BoP, current US$ | +29.7% |
| 1992 | 3.19 million BoP, current US$ | -44.7% |
| 1993 | 3.17 million BoP, current US$ | -0.6% |
| 1994 | 40,000 BoP, current US$ | -98.7% |
| 1995 | 4.59 million BoP, current US$ | +11375.0% |
| 1996 | 1.83 million BoP, current US$ | -60.1% |
| 1997 | 1.95 million BoP, current US$ | +6.6% |
| 1998 | 3.65 million BoP, current US$ | +87.2% |
| 1999 | 2.48 million BoP, current US$ | -32.1% |
South Korea compared with similar countries
- South Korea's 2.48 million BoP, current US$ is below the median for high income countries, which is 14.60 million BoP, current US$, 17% of the median. (49 countries reporting)
- South Korea's 2.48 million BoP, current US$ is below the median for East Asia & Pacific, which is 121.26 million BoP, current US$, 2% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Grants, excluding technical cooperation in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +11375.0% | 40,000 BoP, current US$ | 4.59 million BoP, current US$ |
| 1982 | +2520.3% | 740,000 BoP, current US$ | 19.39 million BoP, current US$ |
| 1984 | +400.0% | 360,000 BoP, current US$ | 1.80 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 175.96 million BoP, current US$ | 89.17 million BoP, current US$ | 249.46 million BoP, current US$ | 10 |
| 1970s | 38.59 million BoP, current US$ | 8.17 million BoP, current US$ | 74.53 million BoP, current US$ | 10 |
| 1980s | 3.93 million BoP, current US$ | 360,000 BoP, current US$ | 19.39 million BoP, current US$ | 10 |
| 1990s | 3.11 million BoP, current US$ | 40,000 BoP, current US$ | 5.77 million BoP, current US$ | 10 |
Countries ranked near South Korea
- 166 Cyprus 3.88 million BoP, current US$ compare
- 167 Hong Kong 3.27 million BoP, current US$ compare
- 168 Singapore 2.76 million BoP, current US$ compare
- 170 Trinidad and Tobago 2.39 million BoP, current US$ compare
- 171 Kuwait 1.72 million BoP, current US$ compare
- 172 Qatar 1.45 million BoP, current US$ compare
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is grants, excluding technical cooperation in South Korea?
- Grants, excluding technical cooperation in South Korea was 2.48 million BoP, current US$ in 1999, according to DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD).
- What is the highest grants, excluding technical cooperation recorded in South Korea?
- The highest recorded value was 249.46 million BoP, current US$ in 1960.
- What is the lowest grants, excluding technical cooperation recorded in South Korea?
- The lowest recorded value was 40,000 BoP, current US$ in 1994.
- How does South Korea rank for grants, excluding technical cooperation?
- South Korea ranks 169th out of 181 countries with data for 1999.
- Is grants, excluding technical cooperation rising or falling in South Korea?
- Over the last ten years it is down 36.6%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), published as part of Grants, excluding technical cooperation (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.