Korea PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

1990 - 2016 | Yearly | % | World Bank

Korea PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.777 % in 2017. This records an increase from the previous number of 0.754 % for 2016. Korea PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.771 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 0.928 % in 1995 and a record low of 0.553 % in 1998. Korea PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;

View South Korea's Korea PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio from 1990 to 2016 in the chart:

South Korea Korea PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio

What was South Korea's Korea PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio in 2016?

Last Previous Min Max Unit Frequency Range
0.75 2016 0.77 2015 0.55 1998 0.93 1995 % yearly 1990 - 2016

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South Korea Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 70,250.328 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 41,380.693 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.340 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 1.4 Mar 2023 quarterly Mar 1961 - Mar 2023
GDP per Capita (USD) 35,569.900 2023 yearly 1953 - 2023
Gross Fixed Capital Formation (USD mn) 144,555.025 Sep 2024 quarterly Mar 1960 - Sep 2024
Gross National Product (GNP) (USD mn) 481,993.753 Sep 2024 quarterly Mar 1960 - Sep 2024
Gross Savings Rate (%) 34.0 Dec 2022 quarterly Mar 1970 - Dec 2022
Investment: % of GDP (%) 31.1 Sep 2024 quarterly Mar 1960 - Sep 2024
Nominal GDP (USD mn) 429,247.3 Mar 2023 quarterly Mar 1960 - Mar 2023
Nominal GDP Growth (%) 4.972 Sep 2024 quarterly Mar 1961 - Sep 2024
Private Consumption Expenditure (USD mn) 229,149.163 Sep 2024 quarterly Mar 1960 - Sep 2024
Private Consumption: % of GDP (%) 48.5 Sep 2024 quarterly Mar 1960 - Sep 2024
Public Consumption Expenditure (USD mn) 81,267.571 Sep 2024 quarterly Mar 1960 - Sep 2024
Public Consumption: % of GDP (%) 16.6 Sep 2024 quarterly Mar 1960 - Sep 2024
Real GDP Growth (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 85.433 Sep 2024 quarterly Mar 1960 - Sep 2024
Production Last Frequency Range
Gold Production (kg) 128.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) 2.0 Oct 2024 monthly Jan 1958 - Oct 2024
Minerals Production (Metric Ton) 5,520,318.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 4,243,597.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 5.800 2021 yearly 1986 - 2021
Construction and Properties Last Frequency Range
Building Permits (Unit) 11,342.000 Nov 2024 monthly Oct 1979 - Nov 2024
House Prices Growth (%) -0.2 Nov 2024 monthly Jan 1987 - Nov 2024
Nominal Residential Property Price Index (2010=100) 142.242 Jun 2024 quarterly Mar 1975 - Jun 2024
Nominal Residential Property Price Index Growth (%) -0.959 Jun 2024 quarterly Mar 1976 - Jun 2024
Real Residential Property Price Index (2010=100) 107.786 Jun 2024 quarterly Mar 1975 - Jun 2024
Real Residential Property Price Index Growth (%) -3.534 Jun 2024 quarterly Mar 1976 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 Sep 2024 quarterly Jun 2000 - Sep 2024
Forecast: Government Expenditure (KRW bn) 700,035.486 2029 yearly 1995 - 2029
Forecast: Government Net Debt (KRW bn) 1,793,717.560 2029 yearly 1990 - 2029
Forecast: Government Revenue (KRW bn) 701,179.384 2029 yearly 1995 - 2029
Government Debt: % of GDP (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 2024
National Government Debt (USD mn) 873,499.9 Sep 2024 quarterly Sep 2002 - Sep 2024
Tax Revenue (USD mn) 28,112.793 Oct 2024 monthly Jan 2000 - Oct 2024
Consolidated Fiscal Balance (USD mn) -1,904.263 Sep 2024 monthly Jul 1999 - Sep 2024
Tax Revenue: % of GDP (%) 13.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 28,597,000.000 Oct 2024 monthly Jan 1983 - Oct 2024
Forecast: Employment (Person mn) 28.727 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 51.305 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.000 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 64.7 Oct 2024 monthly Jun 1999 - Oct 2024
Labour Productivity Growth (%) 0.94 Sep 2024 quarterly Sep 1983 - Sep 2024
Monthly Earnings (USD) 3,232 Sep 2024 monthly Jan 2008 - Sep 2024
Population (Person mn) 51.7 2023 yearly 1956 - 2023
Unemployment Rate (%) 2.70 Oct 2024 monthly Jun 1999 - Oct 2024

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