PPP conversion factor for private consumption in South Korea
South Korea: PPP conversion factor for private consumption was 880.12 LCU per international $ in 2025. ▲ Rising
Latest (2025)
880.12 LCU per international $
Change on year
up 0.9%
World rank
17th
of 204 countries
All-time high
994.76 LCU per international $
in 2014
All-time low
519.6 LCU per international $
in 1990
Years of data
36
1990–2025
PPP conversion factor for private consumption in South Korea, 1990–2025
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
South Korea recorded 880.12 LCU per international $ 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 LCU per international $ in 2014 and was at its lowest, 519.6 LCU per international $, 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 | LCU per international $ | Change |
|---|---|---|
| 1990 | 519.6 LCU per international $ | — |
| 1991 | 558.54 LCU per international $ | +7.5% |
| 1992 | 589.01 LCU per international $ | +5.5% |
| 1993 | 612.48 LCU per international $ | +4.0% |
| 1994 | 657.38 LCU per international $ | +7.3% |
| 1995 | 687.82 LCU per international $ | +4.6% |
| 1996 | 719.23 LCU per international $ | +4.6% |
| 1997 | 749.78 LCU per international $ | +4.2% |
| 1998 | 789.06 LCU per international $ | +5.2% |
| 1999 | 797.02 LCU per international $ | +1.0% |
| 2000 | 826.3 LCU per international $ | +3.7% |
| 2001 | 843.15 LCU per international $ | +2.0% |
| 2002 | 871.6 LCU per international $ | +3.4% |
| 2003 | 880.59 LCU per international $ | +1.0% |
| 2004 | 887.27 LCU per international $ | +0.8% |
| 2005 | 879.37 LCU per international $ | -0.9% |
| 2006 | 871.45 LCU per international $ | -0.9% |
| 2007 | 866.63 LCU per international $ | -0.6% |
| 2008 | 882.09 LCU per international $ | +1.8% |
| 2009 | 901.72 LCU per international $ | +2.2% |
| 2010 | 908 LCU per international $ | +0.7% |
| 2011 | 912.02 LCU per international $ | +0.4% |
| 2012 | 914.93 LCU per international $ | +0.3% |
| 2013 | 976.33 LCU per international $ | +6.7% |
| 2014 | 994.76 LCU per international $ | +1.9% |
| 2015 | 959.68 LCU per international $ | -3.5% |
| 2016 | 967.12 LCU per international $ | +0.8% |
| 2017 | 992.07 LCU per international $ | +2.6% |
| 2018 | 980.36 LCU per international $ | -1.2% |
| 2019 | 984.1 LCU per international $ | +0.4% |
| 2020 | 971.48 LCU per international $ | -1.3% |
| 2021 | 960.99 LCU per international $ | -1.1% |
| 2022 | 904 LCU per international $ | -5.9% |
| 2023 | 883.11 LCU per international $ | -2.3% |
| 2024 | 872.47 LCU per international $ | -1.2% |
| 2025 | 880.12 LCU per international $ | +0.9% |
South Korea compared with similar countries
- South Korea's 880.12 LCU per international $ is above the median for high income countries, which is 1.11 LCU per international $, 791.4× the median. (77 countries reporting)
- South Korea's 880.12 LCU per international $ is above the median for East Asia & Pacific, which is 2.32 LCU per international $, 379.1× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 667.99 LCU per international $ | 519.6 LCU per international $ | 797.02 LCU per international $ | 10 |
| 2000s | 871.02 LCU per international $ | 826.3 LCU per international $ | 901.72 LCU per international $ | 10 |
| 2010s | 958.94 LCU per international $ | 908 LCU per international $ | 994.76 LCU per international $ | 10 |
| 2020s | 912.03 LCU per international $ | 872.47 LCU per international $ | 971.48 LCU per international $ | 6 |
Countries ranked near South Korea
- 14 Madagascar 1,315 LCU per international $ compare
- 15 Mongolia 1,181 LCU per international $ compare
- 16 Democratic Republic of Congo 928.6 LCU per international $ compare
- 18 Tanzania 661.5 LCU per international $ compare
- 19 Malawi 627.17 LCU per international $ compare
- 20 Iraq 545.99 LCU per international $ compare
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 ppp conversion factor for private consumption in South Korea?
- Ppp conversion factor for private consumption in South Korea was 880.12 LCU per international $ in 2025, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by 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 LCU per international $ in 2014.
- What is the lowest ppp conversion factor for private consumption recorded in South Korea?
- The lowest recorded value was 519.6 LCU per international $ 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 ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
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