DEC alternative conversion factor in Republic of Korea

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

Latest (2024)
1,363
Change on year
up 4.4%
World rank
18th
of 195 countries
All-time high
1,363
in 2024
All-time low
929.26
in 2007
Years of data
25
2000–2024

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

05001.0k1.5k2000201220242000: 1.1k2001: 1.3k2002: 1.3k2003: 1.2k2004: 1.1k2005: 1.0k2006: 954.82007: 929.32008: 1.1k2009: 1.3k2010: 1.2k2011: 1.1k2012: 1.1k2013: 1.1k2014: 1.1k2015: 1.1k2016: 1.2k2017: 1.1k2018: 1.1k2019: 1.2k2020: 1.2k2021: 1.1k2022: 1.3k2023: 1.3k2024: 1.4k

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for dec alternative conversion factor in Republic of Korea is 1,363, measured in 2024. That is the highest value across all 25 years on record.

Compared with earlier readings it is 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 in 2024 and was at its lowest, 929.26, in 2007.

Republic of Korea ranks 18th of 195 countries on this measure, in the top 10%.

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 Value Change
2000 1,131
2001 1,291 +14.1%
2002 1,251 -3.1%
2003 1,192 -4.8%
2004 1,145 -3.9%
2005 1,024 -10.6%
2006 954.79 -6.8%
2007 929.26 -2.7%
2008 1,102 +18.6%
2009 1,277 +15.9%
2010 1,156 -9.4%
2011 1,108 -4.2%
2012 1,127 +1.7%
2013 1,095 -2.8%
2014 1,053 -3.8%
2015 1,131 +7.4%
2016 1,161 +2.6%
2017 1,131 -2.6%
2018 1,100 -2.7%
2019 1,165 +5.9%
2020 1,180 +1.3%
2021 1,144 -3.1%
2022 1,291 +12.9%
2023 1,306 +1.1%
2024 1,363 +4.4%

Averages by decade

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

Countries ranked near Republic of Korea

  1. 15 Malawi 1,738 compare
  2. 16 Sudan 1,568 compare
  3. 17 Nigeria 1,478 compare
  4. 19 Rwanda 1,318 compare
  5. 20 Iraq 1,300 compare
  6. 21 South Sudan 1,229 compare

See the full ranking of 214 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 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 in 2024.
What is the lowest dec alternative conversion factor recorded in Republic of Korea?
The lowest recorded value was 929.26 in 2007.
How does Republic of Korea rank for dec alternative conversion factor?
Republic of Korea ranks 18th out of 195 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 25 August 2026, from https://development-goals.statizoid.com/stat/dec-alternative-conversion-factor-in-local-currency-unit-per-united-states-dollar/republic-of-korea/

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About this data

Indicator
DEC alternative conversion factor (in local currency unit per United States dollar)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
214 places, 5,313 data points, 2000–2024
Last refreshed