Gasoline Prices in South Korea increased to 1.32 USD/Liter in January from 1.28 USD/Liter in December of 2020. source: Korea National Oil Corporation

Gasoline Prices in South Korea averaged 1.39 USD/Liter from 1990 until 2021, reaching an all time high of 1.84 USD/Liter in June of 2014 and a record low of 0.54 USD/Liter in December of 1990. This page provides the latest reported value for - South Korea Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Gasoline Prices - values, historical data and charts - was last updated on February of 2021.

Gasoline Prices in South Korea is expected to be 1.25 USD/Liter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gasoline Prices in South Korea to stand at 1.07 in 12 months time. In the long-term, the South Korea Gasoline Prices is projected to trend around 1.02 USD/Liter in 2022 and 0.97 USD/Liter in 2023, according to our econometric models.

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South Korea Gasoline Prices

Actual Previous Highest Lowest Dates Unit Frequency
1.32 1.28 1.84 0.54 1990 - 2021 USD/Liter Monthly

South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 95.40 89.80 121.50 67.70 points [+]
Retail Sales MoM 0.20 -1.00 5.50 -12.50 percent [+]
Retail Sales YoY -2.00 -1.50 20.20 -21.50 percent [+]
Consumer Spending 209654.40 212925.80 224585.80 7263.90 KRW Billion [+]
Disposable Personal Income 1925872.90 1890779.40 1925872.90 2866.70 KRW Billion [+]
Personal Savings 34.50 36.00 42.70 13.40 percent [+]
Consumer Credit 1682119.60 1637276.40 1682119.60 142746.90 KRW Billion [+]
Bank Lending Rate 2.74 2.71 17.01 2.63 percent [+]
Economic Optimism Index 93.00 83.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.32 1.28 1.84 0.54 USD/Liter [+]
Households Debt To GDP 98.60 95.90 98.60 1.40 percent of GDP [+]
Consumer Confidence Current Conditions 96.00 93.00 117.00 25.00 [+]
Consumer Confidence Economic Expectations 109.00 112.00 122.00 49.00 [+]
Consumer Confidence Financial Expectations 103.00 103.00 107.00 82.00 [+]
Consumer Confidence Major Purchases Expectations 97.00 96.00 97.00 73.00 [+]
Consumer Confidence Price Trends 139.00 139.00 163.00 129.00 [+]
Consumer Confidence Savings Expectations 97.00 97.00 102.00 82.00 [+]
Consumer Confidence Unemployment Expectations 110.00 121.00 121.00 41.00 [+]