PPP conversion factor, households and NPISHs Final consumption in Korea
Korea: PPP conversion factor, households and NPISHs Final consumption was 880.12 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption in Korea, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, households and npishs final consumption in Korea is 880.12 LCU per international $, measured in 2025.
Compared with earlier readings it is up 0.9% on the previous year and down 8.3% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Korea peaked at 994.76 LCU per international $ in 2014 and was at its lowest, 519.6 LCU per international $, in 1990.
That places Korea 17th 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, households and NPISHs Final consumption in 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% |
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 Korea
- 14 Madagascar 1,315 LCU per international $ compare
- 15 Mongolia 1,181 LCU per international $ compare
- 16 Congo, Democratic Republic of the 928.6 LCU per international $ compare
- 18 Tanzania, United Republic of 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 Korea
- GNI (current LCU), annual growth rate 4.45 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,447 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 52.42 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 18.84 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 23.99 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -2.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0698 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,528 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 1.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 99.26 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Korea?
- Ppp conversion factor, households and npishs final consumption in Korea was 880.12 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption recorded in Korea?
- The highest recorded value was 994.76 LCU per international $ in 2014.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Korea?
- The lowest recorded value was 519.6 LCU per international $ in 1990.
- How does Korea rank for ppp conversion factor, households and npishs final consumption?
- Korea ranks 17th out of 205 countries with data for 2025.
- Is ppp conversion factor, households and npishs final consumption rising or falling in Korea?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, households and NPISHs Final consumption expenditure (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. They 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 households and NPISHs Final consumption expenditure and the base currency is the US dollar.