Development Co-operation Directorate (DCD-DAC)

DAC member profile: Korea

 

Member of the OECD Development Assistance Committee (DAC) since 2010.

Statistics from the Development Co-operation Report 2015

Country pages_0016_KOREA

See full profile in the Development Co-operation Report 2015.

In 2014, Korea provided USD 1.9 billion in net ODA (preliminary data), which represented 0.13% of gross national income (GNI) and a 0.8% increase in real terms from 2013.* Korea is the 23rd largest Development Assistance Committee (DAC) donor in terms of its ODA as a percentage of GNI, and the 16th largest donor by volume. The Korean government is firmly committed to achieving its national ODA/GNI target of 0.25% in 2015. The grant element of total ODA was 95.1% in 2013.

* Korea does not report to the DAC on ODA-eligible assistance to the Democratic People’s Republic of Korea (DPRK). The ODA eligible portion of its assistance to DPRK was estimated at approximately USD 12.3 million in 2013.

Peer review findings: 2012

Latest evaluation reports

Korea: a growing influence in the field of development co-operation. An aid recipient less than two decades ago, Korea is now a donor and sharing its experience of how to use development co-operation as a catalyst to promote long-term sustainable growth in other countries.

Access Korea's latest evaluation reports on the DAC Evaluation Resource Centre (DEReC).

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