Iraq vs South Korea: DEC alternative conversion factor
DEC alternative conversion factor over time
- Iraq
- South Korea
How they compare
South Korea currently reports 1,422 LCU per US$ against 1,300 LCU per US$ in Iraq, a difference of 122 LCU per US$.
That makes South Korea's figure about 1.1 times Iraq's.
The two have swapped places 4 times across 66 shared years of data; in 1960 it was South Korea ahead.
Iraq ranks 27th and South Korea ranks 26th of 214 countries.
Across the 7 decades both report, Iraq averaged higher in 3 and South Korea in 4.
Head to head by decade
| Decade | Iraq | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.3571 LCU per US$ | 203.48 LCU per US$ | 203.13 LCU per US$ | South Korea |
| 1970s | 0.3118 LCU per US$ | 427.34 LCU per US$ | 427.03 LCU per US$ | South Korea |
| 1980s | 0.307 LCU per US$ | 757.82 LCU per US$ | 757.52 LCU per US$ | South Korea |
| 1990s | 467.38 LCU per US$ | 894.52 LCU per US$ | 427.14 LCU per US$ | South Korea |
| 2000s | 1,278 LCU per US$ | 1,130 LCU per US$ | 148.55 LCU per US$ | Iraq |
| 2010s | 1,174 LCU per US$ | 1,123 LCU per US$ | 50.77 LCU per US$ | Iraq |
| 2020s | 1,335 LCU per US$ | 1,285 LCU per US$ | 50.13 LCU per US$ | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Iraq or South Korea?
- South Korea, at 1,422 LCU per US$ against 1,300 LCU per US$ in Iraq as of 2025.
- What is the difference in dec alternative conversion factor between Iraq and South Korea?
- 122 LCU per US$, with South Korea ahead.
- How many years of comparable data are there for Iraq and South Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do Iraq and South Korea rank globally for dec alternative conversion factor?
- Iraq ranks 27th and South Korea ranks 26th of 214 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.