After Korea’s accession to the OECD DAC in 2010, the government enacted the Framework Act on
International Development Cooperation, with the objective of enhancing policy coherence and aid effectiveness.
Korea has also been continuously increasing its ODA volume, so as to contribute to the advancement of developing
countries. From 2010 to 2018, Korea achieved the highest annual growth rate of 11.9% in average among DAC member
countries, of which annual average growth rate is 2.4%. Korea ranked 15th among 29 DAC member countries in 2021
for its ODA volume which is estimated USD 2873 million in ODA grant equivalent measure.
| Year |
ODA |
Bilateral ODA |
Multilateral ODA |
| Amount |
share (%) |
Amount |
share (%) |
| 2018 |
2,358.25 |
1,734.45 |
73.6 |
623.80 |
26.5 |
| 2019 |
2,463.18 |
1,857.04 |
75.4 |
606.14 |
24.6 |
| 2020 |
2,250.03 |
1,751.45 |
77.8 |
498.58 |
22.2 |
| 2021 |
2,873 |
2,168 |
75 |
704 |
25 |
| 2022 |
2,810 |
2,221 |
79 |
589 |
21 |
KOR