DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in South Korea
South Korea: DEC alternative conversion factor (LCU per US$) (UNESCO Institute) was 1,363 LCU per US$ in 2024. ▲ Rising
Latest (2024)
1,363 LCU per US$
Change on year
up 4.4%
World rank
24th
of 212 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
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$, in 1970.
That places South Korea 24th out of 212 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in South Korea, year by year
| Year | LCU per US$ | Change |
|---|---|---|
| 1970 | 310.56 LCU per US$ | — |
| 1971 | 347.15 LCU per US$ | +11.8% |
| 1972 | 392.89 LCU per US$ | +13.2% |
| 1973 | 398.32 LCU per US$ | +1.4% |
| 1974 | 404.47 LCU per US$ | +1.5% |
| 1975 | 484 LCU per US$ | +19.7% |
| 1976 | 484 LCU per US$ | +0.0% |
| 1977 | 484 LCU per US$ | +0.0% |
| 1978 | 484 LCU per US$ | +0.0% |
| 1979 | 484 LCU per US$ | +0.0% |
| 1980 | 607.43 LCU per US$ | +25.5% |
| 1981 | 681.03 LCU per US$ | +12.1% |
| 1982 | 731.08 LCU per US$ | +7.4% |
| 1983 | 775.75 LCU per US$ | +6.1% |
| 1984 | 805.98 LCU per US$ | +3.9% |
| 1985 | 870.02 LCU per US$ | +7.9% |
| 1986 | 881.45 LCU per US$ | +1.3% |
| 1987 | 822.57 LCU per US$ | -6.7% |
| 1988 | 731.47 LCU per US$ | -11.1% |
| 1989 | 671.46 LCU per US$ | -8.2% |
| 1990 | 707.76 LCU per US$ | +5.4% |
| 1991 | 733.35 LCU per US$ | +3.6% |
| 1992 | 780.65 LCU per US$ | +6.4% |
| 1993 | 802.67 LCU per US$ | +2.8% |
| 1994 | 803.45 LCU per US$ | +0.1% |
| 1995 | 771.27 LCU per US$ | -4.0% |
| 1996 | 804.45 LCU per US$ | +4.3% |
| 1997 | 951.29 LCU per US$ | +18.3% |
| 1998 | 1,401 LCU per US$ | +47.3% |
| 1999 | 1,189 LCU per US$ | -15.2% |
| 2000 | 1,131 LCU per US$ | -4.9% |
| 2001 | 1,291 LCU per US$ | +14.1% |
| 2002 | 1,251 LCU per US$ | -3.1% |
| 2003 | 1,192 LCU per US$ | -4.8% |
| 2004 | 1,145 LCU per US$ | -3.9% |
| 2005 | 1,024 LCU per US$ | -10.6% |
| 2006 | 954.79 LCU per US$ | -6.8% |
| 2007 | 929.26 LCU per US$ | -2.7% |
| 2008 | 1,102 LCU per US$ | +18.6% |
| 2009 | 1,277 LCU per US$ | +15.9% |
| 2010 | 1,156 LCU per US$ | -9.4% |
| 2011 | 1,108 LCU per US$ | -4.2% |
| 2012 | 1,127 LCU per US$ | +1.7% |
| 2013 | 1,095 LCU per US$ | -2.8% |
| 2014 | 1,053 LCU per US$ | -3.8% |
| 2015 | 1,131 LCU per US$ | +7.4% |
| 2016 | 1,161 LCU per US$ | +2.6% |
| 2017 | 1,131 LCU per US$ | -2.6% |
| 2018 | 1,100 LCU per US$ | -2.7% |
| 2019 | 1,165 LCU per US$ | +5.9% |
| 2020 | 1,180 LCU per US$ | +1.3% |
| 2021 | 1,144 LCU per US$ | -3.1% |
| 2022 | 1,291 LCU per US$ | +12.9% |
| 2023 | 1,306 LCU per US$ | +1.1% |
| 2024 | 1,363 LCU per US$ | +4.4% |
South Korea compared with similar countries
- South Korea's 1,363 LCU per US$ is above the median for high income countries, which is 1 LCU per US$, 1363.4× the median. (83 countries reporting)
- South Korea's 1,363 LCU per US$ is above the median for East Asia & Pacific, which is 4.2 LCU per US$, 324.8× the median. (36 countries reporting)
Biggest year-on-year movements
Years where DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +47.3% | 951.29 LCU per US$ | 1,401 LCU per US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More population data for South Korea
- Population regions with projections, annual growth rate -1.44 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -2.17 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.44 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1.17 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.3601 % change on previous year (2100)
- Population growth rate -1.45 (2100)
- Population density 223.86 (2100)
- Projected population under age 5 599,530 (2100)
- Population growth rate by level of development -1.45 (2100)
- Urbanization vs gdp, annual growth rate 0.007 % change on previous year (2025)
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 212 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release