Ppp conversion factor for private consumption in South Korea
South Korea: Ppp conversion factor for private consumption was 880.12 in 2025. ▲ Rising
Latest (2025)
880.12
Change on year
up 0.9%
World rank
17th
of 204 countries
All-time high
994.76
in 2014
All-time low
519.6
in 1990
Years of data
36
1990–2025
Ppp conversion factor for private consumption in South Korea, 1990–2025
Source: Our World in Data.
Analysis
South Korea recorded 880.12 for ppp conversion factor for private consumption in 2025.
That represents a change of up 0.9% on the previous year and down 8.3% over ten years.
Over the whole period, ppp conversion factor for private consumption in South Korea peaked at 994.76 in 2014 and was at its lowest, 519.6, in 1990.
That places South Korea 17th out of 204 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Ppp conversion factor for private consumption in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 519.6 | — |
| 1991 | 558.54 | +7.5% |
| 1992 | 589.01 | +5.5% |
| 1993 | 612.48 | +4.0% |
| 1994 | 657.38 | +7.3% |
| 1995 | 687.82 | +4.6% |
| 1996 | 719.23 | +4.6% |
| 1997 | 749.78 | +4.2% |
| 1998 | 789.06 | +5.2% |
| 1999 | 797.02 | +1.0% |
| 2000 | 826.3 | +3.7% |
| 2001 | 843.15 | +2.0% |
| 2002 | 871.6 | +3.4% |
| 2003 | 880.59 | +1.0% |
| 2004 | 887.27 | +0.8% |
| 2005 | 879.37 | -0.9% |
| 2006 | 871.45 | -0.9% |
| 2007 | 866.63 | -0.6% |
| 2008 | 882.09 | +1.8% |
| 2009 | 901.72 | +2.2% |
| 2010 | 908 | +0.7% |
| 2011 | 912.02 | +0.4% |
| 2012 | 914.93 | +0.3% |
| 2013 | 976.33 | +6.7% |
| 2014 | 994.76 | +1.9% |
| 2015 | 959.68 | -3.5% |
| 2016 | 967.12 | +0.8% |
| 2017 | 992.07 | +2.6% |
| 2018 | 980.36 | -1.2% |
| 2019 | 984.1 | +0.4% |
| 2020 | 971.48 | -1.3% |
| 2021 | 960.99 | -1.1% |
| 2022 | 904 | -5.9% |
| 2023 | 883.11 | -2.3% |
| 2024 | 872.47 | -1.2% |
| 2025 | 880.12 | +0.9% |
South Korea compared with similar countries
- South Korea's 880.12 is above the median for high income countries, which is 1.11, 791.4× the median. (77 countries reporting)
- South Korea's 880.12 is above the median for East Asia & Pacific, which is 2.32, 379.1× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 667.99 | 519.6 | 797.02 | 10 |
| 2000s | 871.02 | 826.3 | 901.72 | 10 |
| 2010s | 958.94 | 908 | 994.76 | 10 |
| 2020s | 912.03 | 872.47 | 971.48 | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- Real gdp growth, annual growth rate -49.75 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
Frequently asked questions
- What is ppp conversion factor for private consumption in South Korea?
- Ppp conversion factor for private consumption in South Korea was 880.12 in 2025, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in South Korea?
- The highest recorded value was 994.76 in 2014.
- What is the lowest ppp conversion factor for private consumption recorded in South Korea?
- The lowest recorded value was 519.6 in 1990.
- How does South Korea rank for ppp conversion factor for private consumption?
- South Korea ranks 17th out of 204 countries with data for 2025.
- Is ppp conversion factor for private consumption rising or falling in South Korea?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (Our World in Data).