South Korea Diesel prices, 10-Feb-2025
The current price of diesel fuel in South Korea is KRW 1,597.73 per liter or USD 1.21 per liter based on the latest update from 10-Feb-2025.
For comparison, the world average diesel price is USD 1.14 per liter.
South Korea |
Diesel prices |
---|---|
Current price | 1.21 |
Measure | USD/Liter |
Last update | 2025-02-10 |
Data availability from | 2015-03-02 |
Data frequency | Weekly |
Source: Korea National Oil Corporation
We show diesel price data for South Korea
from 2015-03-02 to 2025-02-10.
The average diesel price during that period is KRW 1,401.41
per liter with a minimum of
KRW 1,059.98 on 2020-05-25 and a maximum of
KRW 2,158.24 on 2022-07-04.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for South Korea every week.
Diesel prices |
Price (KRW/Liter) | Percent change |
---|---|---|
Current price | 1,597.73 | - |
One month ago | 1,533.47 | 4.2 % |
Three months ago | 1,459.52 | 9.5 % |
One year ago | 1,512.66 | 5.6 % |
South Korea Diesel prices: The last eight weeks
South Korea Diesel prices, liter, South Korean Won
* A long flat line means that the government fixes the prices.
South Korea: Diesel price analytics |
Value |
---|---|
Percent of world average diesel price | 95.03% |
Correlation with crude oil prices | 0.89 |
Percent change if oil prices increase 10% | 5.32% |
Correlation with USD exchange rate | -0.54 |
Price flexibility index: 0 (low) - 1 (high) | 0.97 |
Correlation with gasoline prices | 0.90 |
Percent of gasoline price | 91.19% |
Cost of 40 liter tank, percent of income | 1.75% |
Diesel consumption, percent of income | 0.99% |
Updated monthly. Methodological notes