South Korea Diesel prices, 14-Jul-2025
The current price of diesel fuel in South Korea is KRW 1,530.24 per liter or USD 1.16 per liter based on the latest update from 14-Jul-2025.
For comparison, the world average diesel price is USD 1.18 per liter.
South Korea |
Diesel prices |
|---|---|
| Current price | 1.16 |
| Measure | USD/Liter |
| Last update | 2025-07-14 |
| Data availability from | 2015-08-03 |
| Data frequency | Weekly |
Source: Korea National Oil Corporation
We show diesel price data for South Korea
from 2015-08-03 to 2025-07-14.
The average diesel price during that period is KRW 1,409.42
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 | 1,530.24 | - |
| One month ago | 1,490.60 | 2.7 % |
| Three months ago | 1,511.18 | 1.3 % |
| One year ago | 1,549.00 | -1.2 % |
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 | 90.61% |
| Correlation with crude oil prices | 0.85 |
| 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 | 91.63% |
| Cost of 40 liter tank, percent of income | 1.69% |
| Diesel consumption, percent of income | 0.96% |
Updated monthly. Methodological notes
