| As an emerging donor, Korea has been constantly increasing the amount of its ODA in order to contribute to the development of developing countries. As a result, the amount of assistance, which was 110 million USD in 1991, reached 460 million USD in 2006, showing a steep incline. However, the portion of ODA to Gross National Income (ODA/GNI) in 2006 of 0.05% remains low, given that Korea¡¯s economy ranks 13th in the world in its size. This ratio is far below the average ODA/GNI (0.3%) of DAC member nations and the target ratio of the UN by 2015 (0.7%).
Source: International Development Statistics Online DB, OECD
The amount of ODA surged in 2005 to 752.3 million
USD, showing the rate of growth as much as 0.1% of GNI. This result
is attributable to external factors such as increase in post-war
recovery support to Afghanistan, Iraq, subscription to IDB, and
so forth. |
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