SOUTH KOREA IMPLIED PURCHASING POWER PARITY (PPP) CONVERSION RATE


THE IMPLIED PURCHASING POWER PARITY (PPP) CONVERSION RATE IN SOUTH KOREA WAS REPORTED AT 779.28 NATIONAL CURRENCY PER U.S. DOLLARS IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, SOUTH KOREA'S IMPLIED PURCHASING POWER PARITY (PPP) CONVERSION RATE IS EXPECTED TO BE 829.42 NATIONAL CURRENCY PER U.S. DOLLARS. IN 2009, SOUTH KOREA'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 1.94 PERCENT. IN 2015, SOUTH KOREA'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 1.98 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR SOUTH KOREA'S IMPLIED PURCHASING POWER PARITY (PPP) CONVERSION RATE.



 south korea implied purchasing power parity ppp conversion rate imf data




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IMF Data Specifications


CountrySouth Korea
Subject DescriptorImplied PPP conversion rate
Subject NotesThese data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information; please refer to one of the following sources: the Organization for Economic Cooperation and Development; the World Bank; or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook; Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights; and Annex IV of the May 1993 World Economic Outlook. See also Anne Marie Gulde and Marianne Schulze-Ghattas; Purchasing Power Parity Based Weights for the World Economic Outlook; in Staff Studies for the World Economic Outlook (Washington: IMF; December 1993); pp. 106-23.
UnitsNational currency per current international dollar
Scale 
Country/Series-specific NotesSee notes for: Gross domestic product; current prices (National currency).
Estimates Start After2009
TitleSouth Korea Implied Purchasing Power Parity (PPP) conversion rate
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