In 2024, the employment rates in South Korea were approximately **** percent for men and **** percent for women. While the employment rate for men was significantly higher than that for women, the rate for women has steadily increased over the past decade. Gender equality in South Korea Gender equality is a crucial issue in South Korea. The country has the largest pay gap between men and women among OECD nations. Despite numerous efforts to promote women's rights, the gap remains significant across all areas of society. Although more women are taking on leadership and decision-making roles, a survey indicated that few respondents are optimistic about a near-term improvement in gender inequality. Changing perspectives on career and marriage As more women enter the workforce, fewer South Korean women choose to marry and start families. An increasing number of South Korean women are opting to delay or forgo marriage altogether, reflecting a growing sentiment that marriage is not a necessity for a fulfilling life. This trend is reflected in the country's birth rate, which has fallen to a record low of **** births per woman in 2024, making it the lowest among the OECD nations.

South Korea Consumer Price Index (CPI): Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data was reported at 113.743 2020=100 in Dec 2023. This records an increase from the previous number of 113.173 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data is updated quarterly, averaging 73.600 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 113.743 2020=100 in Dec 2023 and a record low of 43.933 2020=100 in Mar 1985. South Korea Consumer Price Index (CPI): Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985

In 2024, the residential property price index in Seoul, the capital of South Korea, increased to around ***** percent year-on-year. 2022 had seen a significant drop in residential property prices in Seoul. How much is a house in Seoul? Housing prices in Seoul have experienced significant fluctuations in recent years. Auction bid price rate for apartments surged to reach over ** percent, rebounding from a decline in 2022. Similarly, the success rate of apartment auction bids showed dynamic trends, dropping to **** percent in late 2022 before recovering to over ** percent. Seoul boasted the highest mean purchase price for housing among all provinces of South Korea, with a gap of over *** million South Korean won between Seoul and Gyeonggi. Property prices in South Korea South Korea's real estate market demonstrates dynamic trends shaped by numerous factors. Economic growth, urbanization, government policies, interest rates, and foreign investment all contribute significantly to fluctuations in housing prices. Notably, the mean purchase price for apartments sharply declined in 2022 and 2023 following years of exponential growth before. While the housing transaction volume in Korea saw a significant decrease in 2022, it recovered slightly in 2024. Given the high housing prices, many citizens believe that property prices will continue to fall in the coming year.

South Korea's main stock market index, the KOSPI, fell to 3119 points on August 1, 2025, losing 3.88% from the previous session. Over the past month, the index has climbed 1.44% and is up 16.56% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from South Korea. South Korea Stock Market - values, historical data, forecasts and news - updated on August of 2025.

South Korea Consumer Price Index (CPI): Local Source Base Year: Housing, Water, Electricity, Gas and Other Fuels data was reported at 113.547 2020=100 in Dec 2023. This records an increase from the previous number of 112.263 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: Housing, Water, Electricity, Gas and Other Fuels data is updated quarterly, averaging 72.210 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 113.547 2020=100 in Dec 2023 and a record low of 30.645 2020=100 in Mar 1985. South Korea Consumer Price Index (CPI): Local Source Base Year: Housing, Water, Electricity, Gas and Other Fuels data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985

According to a survey conducted in South Korea in 2024, over ** percent of male respondents cited financial concerns as the main reason for not getting married. Among female respondents, the primary reason was not having found the right person, with **** percent of responses. Declining marriage rate In South Korea, marriages have gradually decreased, falling below ******* per year. Alongside this decrease in marriages, the country has seen a significant drop in birth rates, which stood at **** births per woman in 2024. Births per woman dropped below one in 2018 and have declined since. Changing roles of women Many South Korean women are becoming career-driven, prioritizing work over starting a family early. This trend has become evident in South Korea's employment rates. The number of employed women has gradually risen over the years, but has remained lower than that of men. Despite this progress, gender inequality in employment and the pay gap continue to be significant issues. Although this number has declined, many women still leave the workforce after marriage.

The South Korean driving and non-driving axle market declined to $2.1B in 2024, which is down by -9% against the previous year. Over the period under review, consumption, however, saw resilient growth. Driving and non-driving axle consumption peaked at $3B in 2019; however, from 2020 to 2024, consumption failed to regain momentum.

South Korea Consumer Price Index (CPI): Local Source Base Year: Health data was reported at 102.753 2020=100 in Dec 2023. This records an increase from the previous number of 102.513 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: Health data is updated quarterly, averaging 81.567 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 102.753 2020=100 in Dec 2023 and a record low of 36.073 2020=100 in Mar 1985. South Korea Consumer Price Index (CPI): Local Source Base Year: Health data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985

Consumer Price Index CPI in South Korea increased to 116.31 points in June from 116.27 points in May of 2025. This dataset provides the latest reported value for - South Korea Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

South Korea Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear data was reported at 113.127 2020=100 in Dec 2023. This records an increase from the previous number of 111.650 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear data is updated quarterly, averaging 68.907 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 113.127 2020=100 in Dec 2023 and a record low of 32.813 2020=100 in Mar 1985. South Korea Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985

South Korea Consumer Price Index (CPI): Local Source Base Year: All Items data was reported at 112.880 2020=100 in Dec 2023. This records an increase from the previous number of 112.133 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: All Items data is updated quarterly, averaging 49.919 2020=100 from Mar 1965 (Median) to Dec 2023, with 236 observations. The data reached an all-time high of 112.880 2020=100 in Dec 2023 and a record low of 2.531 2020=100 in Mar 1965. South Korea Consumer Price Index (CPI): Local Source Base Year: All Items data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1951

South Korea Consumer Price Index (CPI): Local Source Base Year: Transport data was reported at 115.053 2020=100 in Dec 2023. This records an increase from the previous number of 113.207 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: Transport data is updated quarterly, averaging 79.988 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 120.640 2020=100 in Jun 2022 and a record low of 27.630 2020=100 in Mar 1985. South Korea Consumer Price Index (CPI): Local Source Base Year: Transport data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985

The global coal price index reached 138.87 index points in May 2025. This was a decrease compared to the previous month, which also reflected a fall in the overall fuel energy price index. The global coal index expresses trading of Australian and South African coal, as both countries are among the largest exporters of coal worldwide. How coal profited from the 2022 gas crunch Throughout 2022, coal prices saw a significant net increase. This was largely due to greater fuel and electricity demand as countries slowly exited more stringent coronavirus restrictions, as well as fallout from the Russia-Ukraine war. As many European countries moved to curtailing gas imports from Russia, coal became the alternative to fill the power supply gap, more than doubling the annual average price index between 2021 and 2022. Main coal traders and receivers Although China makes up by far the largest share of worldwide coal production, it is among those countries consuming the majority of its extracted raw materials domestically. In terms of exports, Indonesia, the world's third-largest coal producer, trades more coal than any other country, followed by Australia and Russia. Meanwhile, Japan, South Korea, and Germany are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.

As of July 2021, the difference in Bitcoin prices between South Korean cryptocurrency exchange Upbit and the world's largest crypto exchange Binance was around **** percent, down from around **** percent on May 19. Also known as the "kimchi premium," the difference in Bitcoin prices between South Korean and foreign crypto exchanges rose to an all-time high of more than ** percent in April and May, meaning that Bitcoin prices on South Korean exchanges were much more expensive than on other foreign exchanges.

South Korea Consumer Price Index (CPI): Local Source Base Year: Restaurants and Hotels data was reported at 118.480 2020=100 in Dec 2023. This records an increase from the previous number of 118.100 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: Restaurants and Hotels data is updated quarterly, averaging 68.434 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 118.480 2020=100 in Dec 2023 and a record low of 21.257 2020=100 in Mar 1985. South Korea Consumer Price Index (CPI): Local Source Base Year: Restaurants and Hotels data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985

KR: CPI: Local Source Base Year: Education data was reported at 104.517 2020=100 in Dec 2023. This records an increase from the previous number of 104.470 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Education data is updated quarterly, averaging 71.253 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 104.517 2020=100 in Dec 2023 and a record low of 17.170 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Education data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985

At **** U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was **** dollars in the U.S., and **** U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

South Korea GDP: USD: Gross Value Added at Basic Price data was reported at 1,569.124 USD bn in 2023. This records an increase from the previous number of 1,529.993 USD bn for 2022. South Korea GDP: USD: Gross Value Added at Basic Price data is updated yearly, averaging 312.403 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1,656.766 USD bn in 2021 and a record low of 2.274 USD bn in 1961. South Korea GDP: USD: Gross Value Added at Basic Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

South Korea Consumer Price Index (CPI): Local Source Base Year: Alcoholic Beverages, Tobacco and Narcotics data was reported at 104.493 2020=100 in Dec 2023. This records an increase from the previous number of 103.470 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: Alcoholic Beverages, Tobacco and Narcotics data is updated quarterly, averaging 52.854 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 104.493 2020=100 in Dec 2023 and a record low of 22.027 2020=100 in Mar 1985. South Korea Consumer Price Index (CPI): Local Source Base Year: Alcoholic Beverages, Tobacco and Narcotics data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985

Comparing the ** selected regions regarding the price per unit in the 'Smartphones' segment of the consumer electronics market, Hong Kong is leading the ranking (***** U.S. dollars) and is followed by South Korea with 432.4 U.S. dollars. At the other end of the spectrum is Myanmar with 139.57 U.S. dollars, indicating a difference of ****** U.S. dollars to Hong Kong. Find other insights concerning similar markets and segments, such as a ranking by country regarding average price per unit (PPU) in the digital cameras segment of the consumer electronics market and a ranking by country regarding revenue in the TV, radio & multimedia segment of the consumer electronics market. The Statista Market Insights cover a broad range of additional markets.