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South Korea’s Developmental Transformation

Within one lifetime, the Republic of Korea has evolved from a nation facing poverty, fragility, and conflict into a leading global economy. This transformation highlights the resilience of the Korean people and the success of Korea's partnership with IDA.

IDA at Work

1,275.3 million

People received essential health services (FY12-FY24)

121.5 million

People received access to improved water services (FY12-FY24)

132.8 million

People provided with new or improved electricity service (FY12-FY24)

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See What IDA Achieves

IDA — the World Bank’s fund for the poorest — is one of the world’s largest sources of funds, providing support for health and education, infrastructure and agriculture, and economic and institutional development.

IBRD  IDA  IFC  MIGA   ICSID

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IBRD  IDA  IFC  MIGA   ICSID

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