Sharing Hope,
Sharing Future
By Category
Type
Korea executed USD 1,903 million of ODA in bilateral assistance on a grant-equivalent basis (preliminary figures), up 9.7% from the previous year’s USD 1,734 million. In 2019, the share of grants and loans respectively stood at 64% (USD 1,217 million) and 36% (USD 685 million).
| Year | Bilateral ODA | Loans | Grants | ||
|---|---|---|---|---|---|
| Amount | Share (%) | Amount | Share (%) | ||
| 2018 | 1,734.45 | 603.42 | 34.8 | 1,131.03 | 65.2 |
| 2019 | 1,857.04 | 686.28 | 37.0 | 1,170.76 | 63.0 |
| 2020 | 1,751.45 | 596.53 | 34.1 | 1,154.92 | 65.9 |
| 2021 | 2,145.17 | 779.57 | 36.3 | 1,365.60 | 63.7 |
* based on net disbursements between 2010 and 2017 and grant equivalents from 2018
Along with the expansion of ODA volume, Korea’s multilateral ODA shows a growing trend. Since 2000, contributions to multilateral organizations such as the United Nations (UN) and multilateral development banks (MDBs) have been on a constant rise, reaching USD 617.44 million in 2019. More specifically, Korea provided about USD 345.45 million (56%) to World Bank Group, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), USD 120.35 million (19%) to regional development banks such as the Asian Development Bank (ADB), USD 100.72 million (16%) to UN agencies and USD 50.93 million (8%) to other international organizations as of 2019.
As for aid through the United Nations and other international organizations, Korea has radually increased not only its mandatory contributions but also its voluntary contributions in an effort to live up to the expectations of the international community and assume its responsibility as a donor of middle standing. Notably, in the Multilateral Cooperation Strategy (2016-2020), the United Nations Development Programme (UNDP), the United Nations Children’s Fund (UNICEF), the World Food Programme (WFP), the World Health Organization (WHO), and the United Nations High Commissioner for Refugees (UNHCR) were selected as five priority partner organizations to which the government is planning to make larger contributions.
In response to the changing policy environment, the government is committed to expanding its contributions to multilateral institutions in the form of capital increases in the MDBs, more equities in the World Bank, and implementation of the G20 Seoul Development Consensus for Shared Growth. In order to finance increased contributions to the MDBs, it plans to tap into both state budget and foreign exchange reserves. By expanding its contributions and subscriptions to the MDBs, Korea aims to exert more influence within the MDBs.
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
UN Agencies (share : %) |
100.76 (16.2) |
111.03 (18.3) |
148.19 (29.7) |
155.20 (21.9) |
World Bank Group (share : %) |
204.34 (32.8) |
195.91 (32.3) |
190.54 (38.2) |
303.77 (42.8) |
Regional Development Banks (share : %) |
273.69 (42.8) |
247.46 (42.8) |
104.87 (42.8) |
187.19 (42.8) |
187.19 (share : %) |
187.19 (7.2) |
187.19 (8.5) |
187.19 (11.0) |
187.19 (9.0) |
| Total Multilateral ODA | 623.80 | 606.14 | 498.58 | 709.86 |
* based on net disbursements between 2010 and 2017 and grant equivalents from 2018
Sector
| Bilateral ODA by Sector | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| SOCIAL INFRASTRUCTURE & SERVICES (share : %) |
749.2 (43.2) |
820.8 (44.2) |
959.5 (54.8) |
1,115.6 (52.0) |
| Education | 225.2 | 242.4 | 190.0 | 224.5 |
| Health | 175.9 | 165.1 | 504.5 | 450.2 |
| Population & Reproductive Health | 17.6 | 10.0 | 15.2 | 15.6 |
| Water supply & sanitation | 126.6 | 233.3 | 125.1 | 185.3 |
| Government & Civil Society | 147.2 | 123.9 | 95.1 | 219.9 |
| others | 56.8 | 46.1 | 29.6 | 20.1 |
| ECONOMIC INFRASTRUCTURE & SERVICES (share : %) |
386.0 (22.3) |
403.8 (21.7) |
242.1 (13.8) |
349.2 (16.3) |
| Transport | 257.2 | 235.1 | 167.7 | 243.7 |
| Communications | 54.5 | 27.9 | 12.7 | 15.5 |
| Energy | 63.0 | 133.9 | 54.2 | 80.8 |
| Banking & Financing Service | 7.4 | 4.9 | 2.5 | 5.1 |
| Business & Other Services | 3.9 | 2.1 | 5.0 | 4.0 |
| PRODUCTION SECTORS (share : %) |
141.01 (9.6) |
145.33 (10.0) |
224.84 (7.8) |
408.18 (8.8) |
| Agriculture, Forestry, and Fishing | 137.9 | 145.5 | 107.4 | 149.0 |
| Industry, Mining, and Construction | 22.7 | 30.9 | 14.4 | 32.3 |
| MULTI-SECTOR (share : %) |
107.4 (6.2) |
91.4 (4.9) |
80.2 (4.6) |
128.5 6.0 |
| PROGRAMME ASSISTANCE (share : %) |
14.0 (0.8) |
7.4 (0.4) |
4.0 (0.2) |
19.4 (0.9) |
| ACTION RELATING TO DEBT | - | - | - | - |
| HUMANITARIAN AID (share : %) |
131.3 (7.6) |
123.2 (6.6) |
127.6 (7.3) |
109.7 (5.1) |
| DONOR’S ADMINISTRATIVE COSTS (share : %) |
85.1 (4.9) |
88.65 (4.8) |
95.4 (5.4) |
106.0 (4.9) |
| IN-DONOR REFUGEE COSTS (share : %) |
1.8 (0.1) |
1.4 (0.1) |
1.4 (0.1) |
17.2 (0.8) |
| OTHER / UNSPECIFIED (share : %) |
93.0 (5.3) |
134.5 (7.3) |
104.9 (6.0) |
110.9 (5.2) |
| TOTAL | 1,734.5 | 1,857.0 | 1,751.4 | 2,145.2 |
Region
| Bilateral ODA by Region | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Africa (share : %) |
484.09 | 490.86 | 426.68 | 522.14 |
| 27.9 | 26.4 | 24.4 | 23.3 | |
| Asia (share : %) |
802.24 | 959.00 | 934.95 | 1,014.40 |
| 46.3 | 51.6 | 53.4 | 47.3 | |
| America (share : %) |
170.66 | 188.70 | 139.01 | 205.30 |
| 9.8 | 10.2 | 7.9 | 9.6 | |
| Europe (share : %) |
1.99 | 7.50 | 10.82 | 8.77 |
| 0.1 | 0.4 | 0.6 | 0.4 | |
| Oceania (share : %) |
16.09 | 15.93 | 15.52 | 16.42 |
| 0.9 | 0.9 | 0.9 | 0.8 | |
| Unallocated (share : %) |
259.38 | 195.05 | 224.47 | 378.13 |
| 15.0 | 10.5 | 12.8 | 17.6 | |
| Total | 1,734.45 | 1,857.04 | 1751.45 | 2,145.17 |
Income Group
| Bilateral ODA by Income Group | 2021 |
|---|---|
| Least developed countries | 799.88 |
| Other low-income countries | 1.62 |
| Lower-middle income countries | 689.13 |
| Upper-middle income countries | 190.95 |
| Unallocated | 463.59 |
| Total | 2145.17 |