DEC alternative conversion factor in South Korea

South Korea: DEC alternative conversion factor was 1,363 LCU per US$ in 2024. β–² Rising

Latest (2024)
1,363 LCU per US$
Change on year
up 4.4%
World rank
24th
of 209 countries
All-time high
1,401 LCU per US$
in 1998
All-time low
310.56 LCU per US$
in 1970
Years of data
55
1970–2024

DEC alternative conversion factor in South Korea, 1970–2024

2505007501.0k1.2k1.5k197019972024

Source: UNESCO Institute for Statistics. Measured in LCU per US$.

Analysis

In 2024, dec alternative conversion factor in South Korea stood at 1,363 LCU per US$.

That represents a change of up 4.4% on the previous year and up 29.5% over ten years.

Over the whole period, dec alternative conversion factor in South Korea peaked at 1,401 LCU per US$ in 1998 and was at its lowest, 310.56 LCU per US$, in 1970.

That places South Korea 24th out of 209 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 427.34 LCU per US$ 310.56 LCU per US$ 484 LCU per US$ 10
1980s 757.82 LCU per US$ 607.43 LCU per US$ 881.45 LCU per US$ 10
1990s 894.52 LCU per US$ 707.76 LCU per US$ 1,401 LCU per US$ 10
2000s 1,130 LCU per US$ 929.26 LCU per US$ 1,291 LCU per US$ 10
2010s 1,123 LCU per US$ 1,053 LCU per US$ 1,165 LCU per US$ 10
2020s 1,257 LCU per US$ 1,144 LCU per US$ 1,363 LCU per US$ 5

Countries ranked near South Korea

  1. 21 Malawi 1,738 LCU per US$ compare
  2. 22 Sudan 1,568 LCU per US$ compare
  3. 23 Nigeria 1,478 LCU per US$ compare
  4. 25 Rwanda 1,318 LCU per US$ compare
  5. 26 Iraq 1,300 LCU per US$ compare
  6. 27 South Sudan 1,229 LCU per US$ compare

See the full ranking of 212 places β†’

More population data for South Korea

All data for South Korea β†’

Frequently asked questions

What is dec alternative conversion factor in South Korea?
Dec alternative conversion factor in South Korea was 1,363 LCU per US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest dec alternative conversion factor recorded in South Korea?
The highest recorded value was 1,401 LCU per US$ in 1998.
What is the lowest dec alternative conversion factor recorded in South Korea?
The lowest recorded value was 310.56 LCU per US$ in 1970.
How does South Korea rank for dec alternative conversion factor?
South Korea ranks 24th out of 209 countries with data for 2024.
Is dec alternative conversion factor rising or falling in South Korea?
Over the last ten years it is up 29.5%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.

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

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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