DEC alternative conversion factor in South Korea
South Korea: DEC alternative conversion factor was 1,422 LCU per US$ in 2025. ▲ Rising
DEC alternative conversion factor in South Korea, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2025, dec alternative conversion factor in South Korea stood at 1,422 LCU per US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.3% on the previous year and up 25.8% over ten years.
Over the whole period, dec alternative conversion factor in South Korea peaked at 1,422 LCU per US$ in 2025 and was at its lowest, 63.12 LCU per US$, in 1960.
South Korea ranks 26th of 215 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
DEC alternative conversion factor in South Korea, year by year
| Year | LCU per US$ | Change |
|---|---|---|
| 1960 | 63.12 LCU per US$ | — |
| 1961 | 124.79 LCU per US$ | +97.7% |
| 1962 | 130 LCU per US$ | +4.2% |
| 1963 | 130 LCU per US$ | +0.0% |
| 1964 | 213.85 LCU per US$ | +64.5% |
| 1965 | 266.4 LCU per US$ | +24.6% |
| 1966 | 271.34 LCU per US$ | +1.9% |
| 1967 | 270.52 LCU per US$ | -0.3% |
| 1968 | 276.64 LCU per US$ | +2.3% |
| 1969 | 288.16 LCU per US$ | +4.2% |
| 1970 | 310.56 LCU per US$ | +7.8% |
| 1971 | 347.15 LCU per US$ | +11.8% |
| 1972 | 392.89 LCU per US$ | +13.2% |
| 1973 | 398.32 LCU per US$ | +1.4% |
| 1974 | 404.47 LCU per US$ | +1.5% |
| 1975 | 484 LCU per US$ | +19.7% |
| 1976 | 484 LCU per US$ | +0.0% |
| 1977 | 484 LCU per US$ | +0.0% |
| 1978 | 484 LCU per US$ | +0.0% |
| 1979 | 484 LCU per US$ | +0.0% |
| 1980 | 607.43 LCU per US$ | +25.5% |
| 1981 | 681.03 LCU per US$ | +12.1% |
| 1982 | 731.08 LCU per US$ | +7.4% |
| 1983 | 775.75 LCU per US$ | +6.1% |
| 1984 | 805.98 LCU per US$ | +3.9% |
| 1985 | 870.02 LCU per US$ | +7.9% |
| 1986 | 881.45 LCU per US$ | +1.3% |
| 1987 | 822.57 LCU per US$ | -6.7% |
| 1988 | 731.47 LCU per US$ | -11.1% |
| 1989 | 671.46 LCU per US$ | -8.2% |
| 1990 | 707.76 LCU per US$ | +5.4% |
| 1991 | 733.35 LCU per US$ | +3.6% |
| 1992 | 780.65 LCU per US$ | +6.4% |
| 1993 | 802.67 LCU per US$ | +2.8% |
| 1994 | 803.45 LCU per US$ | +0.1% |
| 1995 | 771.27 LCU per US$ | -4.0% |
| 1996 | 804.45 LCU per US$ | +4.3% |
| 1997 | 951.29 LCU per US$ | +18.3% |
| 1998 | 1,401 LCU per US$ | +47.3% |
| 1999 | 1,189 LCU per US$ | -15.2% |
| 2000 | 1,131 LCU per US$ | -4.9% |
| 2001 | 1,291 LCU per US$ | +14.1% |
| 2002 | 1,251 LCU per US$ | -3.1% |
| 2003 | 1,192 LCU per US$ | -4.8% |
| 2004 | 1,145 LCU per US$ | -3.9% |
| 2005 | 1,024 LCU per US$ | -10.6% |
| 2006 | 954.79 LCU per US$ | -6.8% |
| 2007 | 929.26 LCU per US$ | -2.7% |
| 2008 | 1,102 LCU per US$ | +18.6% |
| 2009 | 1,277 LCU per US$ | +15.9% |
| 2010 | 1,156 LCU per US$ | -9.4% |
| 2011 | 1,108 LCU per US$ | -4.2% |
| 2012 | 1,127 LCU per US$ | +1.7% |
| 2013 | 1,095 LCU per US$ | -2.8% |
| 2014 | 1,053 LCU per US$ | -3.8% |
| 2015 | 1,131 LCU per US$ | +7.4% |
| 2016 | 1,161 LCU per US$ | +2.6% |
| 2017 | 1,131 LCU per US$ | -2.6% |
| 2018 | 1,100 LCU per US$ | -2.7% |
| 2019 | 1,165 LCU per US$ | +5.9% |
| 2020 | 1,180 LCU per US$ | +1.3% |
| 2021 | 1,144 LCU per US$ | -3.1% |
| 2022 | 1,291 LCU per US$ | +12.9% |
| 2023 | 1,306 LCU per US$ | +1.1% |
| 2024 | 1,363 LCU per US$ | +4.4% |
| 2025 | 1,422 LCU per US$ | +4.3% |
South Korea compared with similar countries
- South Korea's 1,422 LCU per US$ is above the median for high income countries, which is 1 LCU per US$, 1422.4× the median. (83 countries reporting)
- South Korea's 1,422 LCU per US$ is above the median for East Asia & Pacific, which is 4.2 LCU per US$, 338.4× the median. (36 countries reporting)
Biggest year-on-year movements
Years where DEC alternative conversion factor in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | +97.7% | 63.12 LCU per US$ | 124.79 LCU per US$ |
| 1964 | +64.5% | 130 LCU per US$ | 213.85 LCU per US$ |
| 1998 | +47.3% | 951.29 LCU per US$ | 1,401 LCU per US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 203.48 LCU per US$ | 63.12 LCU per US$ | 288.16 LCU per US$ | 10 |
| 1970s | 427.34 LCU per US$ | 310.56 LCU per US$ | 484 LCU per US$ | 10 |
| 1980s | 757.82 LCU per US$ | 607.43 LCU per US$ | 881.45 LCU per US$ | 10 |
| 1990s | 894.52 LCU per US$ | 707.76 LCU per US$ | 1,401 LCU per US$ | 10 |
| 2000s | 1,130 LCU per US$ | 929.26 LCU per US$ | 1,291 LCU per US$ | 10 |
| 2010s | 1,123 LCU per US$ | 1,053 LCU per US$ | 1,165 LCU per US$ | 10 |
| 2020s | 1,285 LCU per US$ | 1,144 LCU per US$ | 1,422 LCU per US$ | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is dec alternative conversion factor in South Korea?
- Dec alternative conversion factor in South Korea was 1,422 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in South Korea?
- The highest recorded value was 1,422 LCU per US$ in 2025.
- What is the lowest dec alternative conversion factor recorded in South Korea?
- The lowest recorded value was 63.12 LCU per US$ in 1960.
- How does South Korea rank for dec alternative conversion factor?
- South Korea ranks 26th out of 215 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in South Korea?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.