Adjusted savings: carbon dioxide damage (current US$) in South Korea

South Korea: Adjusted savings: carbon dioxide damage was 27.29 billion current US$ in 2021. ◆ Volatile

Latest (2021)
27.29 billion current US$
Change on year
up 8.9%
World rank
9th
of 210 countries
All-time high
27.29 billion current US$
in 2021
All-time low
3.00 billion current US$
in 1990
Years of data
32
1990–2021

Adjusted savings: carbon dioxide damage in South Korea, 1990–2021

5.0B10.0B15.0B20.0B25.0B1990200520211990: 3.0B current US$1991: 3.5B current US$1992: 4.0B current US$1993: 4.6B current US$1994: 5.2B current US$1995: 5.9B current US$1996: 6.5B current US$1997: 7.1B current US$1998: 6.3B current US$1999: 7.1B current US$2000: 8.5B current US$2001: 9.2B current US$2002: 9.3B current US$2003: 9.8B current US$2004: 10.7B current US$2005: 11.2B current US$2006: 12.0B current US$2007: 13.0B current US$2008: 13.8B current US$2009: 14.5B current US$2010: 16.4B current US$2011: 17.9B current US$2012: 18.7B current US$2013: 19.4B current US$2014: 19.8B current US$2015: 21.1B current US$2016: 22.1B current US$2017: 23.4B current US$2018: 24.7B current US$2019: 24.9B current US$2020: 25.1B current US$2021: 27.3B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

South Korea recorded 27.29 billion current US$ for adjusted savings: carbon dioxide damage in 2021. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 8.9% on the previous year and up 52.9% over ten years.

Over the whole period, adjusted savings: carbon dioxide damage in South Korea peaked at 27.29 billion current US$ in 2021 and was at its lowest, 3.00 billion current US$, in 1990.

That places South Korea 9th out of 210 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Adjusted savings: carbon dioxide damage in South Korea, year by year

Annual values for Adjusted savings: carbon dioxide damage (current US$) in South Korea, 1990 to 2021.
Year current US$ Change
1990 3.00 billion current US$ —
1991 3.52 billion current US$ +17.3%
1992 3.98 billion current US$ +13.1%
1993 4.59 billion current US$ +15.4%
1994 5.19 billion current US$ +12.9%
1995 5.89 billion current US$ +13.6%
1996 6.53 billion current US$ +10.8%
1997 7.15 billion current US$ +9.5%
1998 6.28 billion current US$ -12.2%
1999 7.13 billion current US$ +13.7%
2000 8.48 billion current US$ +18.8%
2001 9.15 billion current US$ +8.0%
2002 9.33 billion current US$ +2.0%
2003 9.79 billion current US$ +4.9%
2004 10.72 billion current US$ +9.6%
2005 11.19 billion current US$ +4.4%
2006 11.96 billion current US$ +6.9%
2007 12.97 billion current US$ +8.4%
2008 13.82 billion current US$ +6.5%
2009 14.54 billion current US$ +5.2%
2010 16.44 billion current US$ +13.0%
2011 17.85 billion current US$ +8.6%
2012 18.65 billion current US$ +4.5%
2013 19.38 billion current US$ +3.9%
2014 19.80 billion current US$ +2.2%
2015 21.14 billion current US$ +6.7%
2016 22.12 billion current US$ +4.6%
2017 23.45 billion current US$ +6.0%
2018 24.71 billion current US$ +5.4%
2019 24.91 billion current US$ +0.8%
2020 25.07 billion current US$ +0.6%
2021 27.29 billion current US$ +8.9%

South Korea compared with similar countries

  • South Korea's 27.29 billion current US$ is above the median for high income countries, which is 970.21 million current US$, 28.1× the median. (78 countries reporting)
  • South Korea's 27.29 billion current US$ is above the median for East Asia & Pacific, which is 326.37 million current US$, 83.6× the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.33 billion current US$ 3.00 billion current US$ 7.15 billion current US$ 10
2000s 11.20 billion current US$ 8.48 billion current US$ 14.54 billion current US$ 10
2010s 20.84 billion current US$ 16.44 billion current US$ 24.91 billion current US$ 10
2020s 26.18 billion current US$ 25.07 billion current US$ 27.29 billion current US$ 2

Countries ranked near South Korea

  1. 6 Iran 31.12 billion current US$ compare
  2. 7 Germany 27.65 billion current US$ compare
  3. 8 Indonesia 27.43 billion current US$ compare
  4. 10 Canada 25.30 billion current US$ compare
  5. 11 Saudi Arabia 22.93 billion current US$ compare
  6. 12 Brazil 19.81 billion current US$ compare

See the full ranking of 210 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is adjusted savings: carbon dioxide damage in South Korea?
Adjusted savings: carbon dioxide damage in South Korea was 27.29 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: carbon dioxide damage recorded in South Korea?
The highest recorded value was 27.29 billion current US$ in 2021.
What is the lowest adjusted savings: carbon dioxide damage recorded in South Korea?
The lowest recorded value was 3.00 billion current US$ in 1990.
How does South Korea rank for adjusted savings: carbon dioxide damage?
South Korea ranks 9th out of 210 countries with data for 2021.
Is adjusted savings: carbon dioxide damage rising or falling in South Korea?
Over the last ten years it is up 52.9%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.

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Adjusted savings: carbon dioxide damage in South Korea. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/adjusted-savings-carbon-dioxide-damage-current-us/korea-rep/

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About this data

Indicator
Adjusted savings: carbon dioxide damage (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
210 places, 6,886 data points, 1970–2021
Last refreshed

Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.