DEC alternative conversion factor in Republic of Korea

Republic of Korea: DEC alternative conversion factor was 1,363 ratio in 2024. ▲ Rising

Latest (2024)
1,363 ratio
Change on year
up 4.4%
World rank
27th
of 224 countries
All-time high
1,363 ratio
in 2024
All-time low
929.26 ratio
in 2007
Years of data
25
2000–2024

DEC alternative conversion factor in Republic of Korea, 2000–2024

05001.0k1.5k2000201220242000: 1.1k ratio2001: 1.3k ratio2002: 1.3k ratio2003: 1.2k ratio2004: 1.1k ratio2005: 1.0k ratio2006: 954.8 ratio2007: 929.3 ratio2008: 1.1k ratio2009: 1.3k ratio2010: 1.2k ratio2011: 1.1k ratio2012: 1.1k ratio2013: 1.1k ratio2014: 1.1k ratio2015: 1.1k ratio2016: 1.2k ratio2017: 1.1k ratio2018: 1.1k ratio2019: 1.2k ratio2020: 1.2k ratio2021: 1.1k ratio2022: 1.3k ratio2023: 1.3k ratio2024: 1.4k ratio

Source: United Nations Statistics Division, SDG Global Database. Measured in ratio.

Analysis

Republic of Korea recorded 1,363 ratio for dec alternative conversion factor in 2024. That is the highest value across all 25 years on record.

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 Republic of Korea peaked at 1,363 ratio in 2024 and was at its lowest, 929.26 ratio, in 2007.

That places Republic of Korea 27th out of 224 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 25 years of available data.

DEC alternative conversion factor in Republic of Korea, year by year

Annual values for DEC alternative conversion factor (in local currency unit per United States dollar) in Republic of Korea, 2000 to 2024.
Year ratio Change
2000 1,131 ratio
2001 1,291 ratio +14.1%
2002 1,251 ratio -3.1%
2003 1,192 ratio -4.8%
2004 1,145 ratio -3.9%
2005 1,024 ratio -10.6%
2006 954.79 ratio -6.8%
2007 929.26 ratio -2.7%
2008 1,102 ratio +18.6%
2009 1,277 ratio +15.9%
2010 1,156 ratio -9.4%
2011 1,108 ratio -4.2%
2012 1,127 ratio +1.7%
2013 1,095 ratio -2.8%
2014 1,053 ratio -3.8%
2015 1,131 ratio +7.4%
2016 1,161 ratio +2.6%
2017 1,131 ratio -2.6%
2018 1,100 ratio -2.7%
2019 1,165 ratio +5.9%
2020 1,180 ratio +1.3%
2021 1,144 ratio -3.1%
2022 1,291 ratio +12.9%
2023 1,306 ratio +1.1%
2024 1,363 ratio +4.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,130 ratio 929.26 ratio 1,291 ratio 10
2010s 1,123 ratio 1,053 ratio 1,165 ratio 10
2020s 1,257 ratio 1,144 ratio 1,363 ratio 5

Countries ranked near Republic of Korea

  1. 24 Malawi 1,738 ratio compare
  2. 25 Sudan 1,568 ratio compare
  3. 26 Nigeria 1,478 ratio compare
  4. 27 Republic of Korea 1,363 ratio compare
  5. 29 Rwanda 1,318 ratio compare
  6. 30 Iraq 1,300 ratio compare

See the full ranking of 228 places →

More development goals data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is dec alternative conversion factor in Republic of Korea?
Dec alternative conversion factor in Republic of Korea was 1,363 ratio in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest dec alternative conversion factor recorded in Republic of Korea?
The highest recorded value was 1,363 ratio in 2024.
What is the lowest dec alternative conversion factor recorded in Republic of Korea?
The lowest recorded value was 929.26 ratio in 2007.
How does Republic of Korea rank for dec alternative conversion factor?
Republic of Korea ranks 27th out of 224 countries with data for 2024.
Is dec alternative conversion factor rising or falling in Republic of Korea?
Over the last ten years it is up 29.5%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of DEC alternative conversion factor (in local currency unit per United States dollar). Statizoid updates them automatically from the source API.

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DEC alternative conversion factor in Republic of Korea. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 05 September 2026, from https://development-goals.statizoid.com/stat/dec-alternative-conversion-factor-in-local-currency-unit-per-united-states-dollar/korea-rep/

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About this data

Indicator
DEC alternative conversion factor (in local currency unit per United States dollar)
Unit
ratio
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
228 places, 5,663 data points, 2000–2024
Last refreshed