PPP conversion factor, GDP in South Korea
South Korea: PPP conversion factor, GDP was 816.33 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, GDP in South Korea, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2025, ppp conversion factor, gdp in South Korea stood at 816.33 LCU per international $.
The figure is up 0.9% on the previous year and down 4.8% over ten years.
Over the whole period, ppp conversion factor, gdp in South Korea peaked at 872.62 LCU per international $ in 2017 and was at its lowest, 562.82 LCU per international $, in 1990.
That places South Korea 18th out of 205 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, GDP in South Korea, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 562.82 LCU per international $ | — |
| 1991 | 593.75 LCU per international $ | +5.5% |
| 1992 | 625.5 LCU per international $ | +5.3% |
| 1993 | 649.24 LCU per international $ | +3.8% |
| 1994 | 687.12 LCU per international $ | +5.8% |
| 1995 | 720.34 LCU per international $ | +4.8% |
| 1996 | 735.56 LCU per international $ | +2.1% |
| 1997 | 751.01 LCU per international $ | +2.1% |
| 1998 | 776.07 LCU per international $ | +3.3% |
| 1999 | 754.89 LCU per international $ | -2.7% |
| 2000 | 747.25 LCU per international $ | -1.0% |
| 2001 | 756.67 LCU per international $ | +1.3% |
| 2002 | 769.77 LCU per international $ | +1.7% |
| 2003 | 790.86 LCU per international $ | +2.7% |
| 2004 | 795.26 LCU per international $ | +0.6% |
| 2005 | 788.92 LCU per international $ | -0.8% |
| 2006 | 771.74 LCU per international $ | -2.2% |
| 2007 | 770.25 LCU per international $ | -0.2% |
| 2008 | 785.72 LCU per international $ | +2.0% |
| 2009 | 828.19 LCU per international $ | +5.4% |
| 2010 | 840.49 LCU per international $ | +1.5% |
| 2011 | 854.59 LCU per international $ | +1.7% |
| 2012 | 854.89 LCU per international $ | +0.0% |
| 2013 | 869.08 LCU per international $ | +1.7% |
| 2014 | 871.88 LCU per international $ | +0.3% |
| 2015 | 857.48 LCU per international $ | -1.7% |
| 2016 | 858.81 LCU per international $ | +0.2% |
| 2017 | 872.62 LCU per international $ | +1.6% |
| 2018 | 854.87 LCU per international $ | -2.0% |
| 2019 | 847.55 LCU per international $ | -0.9% |
| 2020 | 829.36 LCU per international $ | -2.1% |
| 2021 | 829.87 LCU per international $ | +0.1% |
| 2022 | 810.16 LCU per international $ | -2.4% |
| 2023 | 811.05 LCU per international $ | +0.1% |
| 2024 | 809.27 LCU per international $ | -0.2% |
| 2025 | 816.33 LCU per international $ | +0.9% |
South Korea compared with similar countries
- South Korea's 816.33 LCU per international $ is above the median for high income countries, which is 1 LCU per international $, 816.3× the median. (75 countries reporting)
- South Korea's 816.33 LCU per international $ is above the median for East Asia & Pacific, which is 2.39 LCU per international $, 342.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 685.63 LCU per international $ | 562.82 LCU per international $ | 776.07 LCU per international $ | 10 |
| 2000s | 780.46 LCU per international $ | 747.25 LCU per international $ | 828.19 LCU per international $ | 10 |
| 2010s | 858.23 LCU per international $ | 840.49 LCU per international $ | 872.62 LCU per international $ | 10 |
| 2020s | 817.67 LCU per international $ | 809.27 LCU per international $ | 829.87 LCU per international $ | 6 |
Countries ranked near South Korea
- 15 Sudan 1,176 LCU per international $ compare
- 16 Democratic Republic of Congo 1,125 LCU per international $ compare
- 17 Burundi 999.61 LCU per international $ compare
- 19 Syria 807.96 LCU per international $ compare
- 20 Tanzania 749.53 LCU per international $ compare
- 21 Malawi 619.01 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, gdp in South Korea?
- Ppp conversion factor, gdp in South Korea was 816.33 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in South Korea?
- The highest recorded value was 872.62 LCU per international $ in 2017.
- What is the lowest ppp conversion factor, gdp recorded in South Korea?
- The lowest recorded value was 562.82 LCU per international $ in 1990.
- How does South Korea rank for ppp conversion factor, gdp?
- South Korea ranks 18th out of 205 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in South Korea?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.