Iraq vs South Korea: PPP conversion factor for private consumption
Iraq
545.99 LCU per international $
in 2025
South Korea
880.12 LCU per international $
in 2025
Iraq rank
20th
South Korea rank
17th
PPP conversion factor for private consumption over time
- Iraq
- South Korea
How they compare
South Korea currently reports 880.12 LCU per international $ against 545.99 LCU per international $ in Iraq, a difference of 334.13 LCU per international $.
That makes South Korea's figure about 1.6 times Iraq's.
Across all 31 years both countries report, South Korea has been ahead every year.
Iraq ranks 20th and South Korea ranks 17th of 204 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iraq | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 89.08 LCU per international $ | 748.58 LCU per international $ | 659.5 LCU per international $ | South Korea |
| 2000s | 284.5 LCU per international $ | 871.02 LCU per international $ | 586.52 LCU per international $ | South Korea |
| 2010s | 527.32 LCU per international $ | 958.94 LCU per international $ | 431.62 LCU per international $ | South Korea |
| 2020s | 556.12 LCU per international $ | 912.03 LCU per international $ | 355.91 LCU per international $ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor for private consumption, Iraq or South Korea?
- South Korea, at 880.12 LCU per international $ against 545.99 LCU per international $ in Iraq as of 2025.
- What is the difference in ppp conversion factor for private consumption between Iraq and South Korea?
- 334.13 LCU per international $, with South Korea ahead.
- How many years of comparable data are there for Iraq and South Korea?
- 31 years are reported by both, from 1995 to 2025.
- How do Iraq and South Korea rank globally for ppp conversion factor for private consumption?
- Iraq ranks 20th and South Korea ranks 17th of 204 countries.
- Where does this data come from?
- ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as PPP conversion factor for private consumption. Statizoid refreshes it automatically from the source and publishes the full history for both places.