Korea vs Madagascar: Annual Purchasing Power Parities and exchange rates — Purchasing

Korea
816.33 National currency per US dollar
in 2025
Madagascar
1,309 National currency per US dollar
in 2024
Korea rank
2nd
Madagascar rank
1st

Annual Purchasing Power Parities and exchange rates — Purchasing over time

  • Korea
  • Madagascar
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How they compare

Madagascar currently reports 1,309 National currency per US dollar against 816.33 National currency per US dollar in Korea, a difference of 492.67 National currency per US dollar.

That makes Madagascar's figure about 1.6 times Korea's.

The two have swapped places 1 time across 35 shared years of data; in 1990 it was Korea ahead.

Korea ranks 2nd and Madagascar ranks 1st of 5 groups.

Across the 4 decades both report, Korea averaged higher in 2 and Madagascar in 2.

Head to head by decade

Decade Korea Madagascar Difference Ahead
1990s 685.63 National currency per US dollar 177.66 National currency per US dollar 507.96 National currency per US dollar Korea
2000s 780.46 National currency per US dollar 437.66 National currency per US dollar 342.8 National currency per US dollar Korea
2010s 858.23 National currency per US dollar 865.2 National currency per US dollar 6.97 National currency per US dollar Madagascar
2020s 817.94 National currency per US dollar 1,215 National currency per US dollar 397.3 National currency per US dollar Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual purchasing power parities and exchange rates — purchasing, Korea or Madagascar?
Madagascar, at 1,309 National currency per US dollar against 816.33 National currency per US dollar in Korea as of 2024.
What is the difference in annual purchasing power parities and exchange rates — purchasing between Korea and Madagascar?
492.67 National currency per US dollar, with Madagascar ahead.
How many years of comparable data are there for Korea and Madagascar?
35 years are reported by both, from 1990 to 2024.
How do Korea and Madagascar rank globally for annual purchasing power parities and exchange rates — purchasing?
Korea ranks 2nd and Madagascar ranks 1st of 5 groups.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Madagascar: Annual Purchasing Power Parities and exchange rates — Purchasing. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/annual-purchasing-power-parities-and-exchange-rates-purchasing-power-parities-for-gdp/korea/madagascar-2/

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About this data

Indicator
Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for GDP
Unit
National currency per US dollar
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
68 places, 3,250 data points, 1960–2025
Last refreshed

This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org