South Korea Diesel prices, 08-Dec-2025
The current price of diesel fuel in South Korea is KRW 1,662.89 per liter or USD 1.26 per liter based on the latest update from 08-Dec-2025.
For comparison, the world average diesel price is USD 1.18 per liter.
South Korea |
Diesel prices |
|---|---|
| Current price | 1.26 |
| Measure | USD/Liter |
| Last update | 2025-12-08 |
| Data availability from | 2015-12-28 |
| Data frequency | Weekly |
Source: Korea National Oil Corporation
We show diesel price data for South Korea
from 2015-12-28 to 2025-12-08.
The average diesel price during that period is KRW 1,421.49
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 | 1,662.89 | - |
| One month ago | 1,568.18 | 6.0 % |
| Three months ago | 1,530.19 | 8.7 % |
| One year ago | 1,497.52 | 11.0 % |
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 | 92.34% |
| Correlation with crude oil prices | 0.81 |
| Correlation with USD exchange rate | -0.37 |
| Price flexibility index: 0 (low) - 1 (high) | 0.97 |
| Correlation with gasoline prices | 0.83 |
| Percent of gasoline price | 93.50% |
| Cost of 40 liter tank, percent of income | 1.79% |
| Diesel consumption, percent of income | 1.02% |
Updated monthly. Methodological notes