South Korea Diesel prices, 09-Mar-2026

The current price of diesel fuel in South Korea is KRW 1,680.35 per liter or USD 1.28 per liter based on the latest update from 09-Mar-2026. For comparison, the world average diesel price is USD 1.33 per liter.
South Korea
 Diesel prices
 Current price 1.28
 Measure USD/Liter
 Last update 2026-03-09
 Data availability from 2016-03-28
 Data frequency Weekly
Source: Korea National Oil Corporation


We show diesel price data for South Korea from 2016-03-28 to 2026-03-09. The average diesel price during that period is KRW 1,433.76 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.

Download data API Forecast


Diesel prices
 Price (KRW/Liter) Percent change
 Current price 1,680.35 -
 One month ago 1,581.75 6.2 %
 Three months ago 1,660.46 1.2 %
 One year ago 1,565.29 7.4 %


South Korea Diesel prices: The last eight weeks

South Korea Diesel prices: The last eight weeks

South Korea Diesel prices, liter, South Korean Won


South Korea Diesel prices: Historical graph; 2016-03-28-2026-03-09
* A long flat line means that the government fixes the prices.
South Korea: Diesel price analytics
     Value
Percent of world average diesel price     93.92%
Correlation with crude oil prices     0.77
Correlation with USD exchange rate     -0.38
Price flexibility index: 0 (low) - 1 (high)     0.97
Correlation with gasoline prices     0.83
Percent of gasoline price     94.04%
Cost of 40 liter tank, percent of income     1.82%
Diesel consumption, percent of income     1.03%
Updated monthly. Methodological notes
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