South Korea vs Malawi: DEC alternative conversion factor

South Korea
1,363 LCU per US$
in 2024
Malawi
1,738 LCU per US$
in 2024
South Korea rank
24th
Malawi rank
21st

DEC alternative conversion factor over time

  • South Korea
  • Malawi
05001.0k1.5k197019972024

How they compare

Malawi currently reports 1,738 LCU per US$ against 1,363 LCU per US$ in South Korea, a difference of 375 LCU per US$.

That makes Malawi's figure about 1.3 times South Korea's.

The two have swapped places 1 time across 55 shared years of data; in 1970 it was South Korea ahead.

South Korea ranks 24th and Malawi ranks 21st of 209 countries.

South Korea has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade South Korea Malawi Difference Ahead
1970s 427.34 LCU per US$ 0.8467 LCU per US$ 426.49 LCU per US$ South Korea
1980s 757.82 LCU per US$ 1.65 LCU per US$ 756.18 LCU per US$ South Korea
1990s 894.52 LCU per US$ 14.45 LCU per US$ 880.07 LCU per US$ South Korea
2000s 1,130 LCU per US$ 109.09 LCU per US$ 1,021 LCU per US$ South Korea
2010s 1,123 LCU per US$ 477.12 LCU per US$ 645.64 LCU per US$ South Korea
2020s 1,257 LCU per US$ 1,081 LCU per US$ 176.16 LCU per US$ South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher dec alternative conversion factor, South Korea or Malawi?
Malawi, at 1,738 LCU per US$ against 1,363 LCU per US$ in South Korea as of 2024.
What is the difference in dec alternative conversion factor between South Korea and Malawi?
375 LCU per US$, with Malawi ahead.
How many years of comparable data are there for South Korea and Malawi?
55 years are reported by both, from 1970 to 2024.
How do South Korea and Malawi rank globally for dec alternative conversion factor?
South Korea ranks 24th and Malawi ranks 21st of 209 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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South Korea vs Malawi: DEC alternative conversion factor. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/compare/dec-alternative-conversion-factor-lcu-per-us-2/korea-rep/malawi/

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About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,748 data points, 1970–2024
Last refreshed

February 2026 Data Release