Korea vs Palestine, State of: Price level ratio of PPP conversion factor (GDP) to market exchange

Korea
0.5936
in 2024
Palestine, State of
0.593
in 2024
Korea rank
66th
Palestine, State of rank
67th

Price level ratio of PPP conversion factor (GDP) to market exchange over time

  • Korea
  • Palestine, State of
00.20.40.60.81199020072024

How they compare

Korea currently reports 0.5936 against 0.593 in Palestine, State of, a difference of 0.0006.

Across all 31 years both countries report, Korea has been ahead every year.

Korea ranks 66th and Palestine, State of ranks 67th of 202 countries.

Korea has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Korea Palestine, State of Difference Ahead
1990s 0.7803 0.5692 0.2111 Korea
2000s 0.6989 0.5326 0.1663 Korea
2010s 0.7652 0.6097 0.1556 Korea
2020s 0.654 0.5965 0.0575 Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher price level ratio of ppp conversion factor (gdp) to market exchange, Korea or Palestine, State of?
Korea, at 0.5936 against 0.593 in Palestine, State of as of 2024.
What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Korea and Palestine, State of?
0.0006, with Korea ahead.
How many years of comparable data are there for Korea and Palestine, State of?
31 years are reported by both, from 1994 to 2024.
How do Korea and Palestine, State of rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Korea ranks 66th and Palestine, State of ranks 67th of 202 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Palestine, State of: Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 15 September 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/korea-rep/west-bank-and-gaza/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release