Statizoid

Iraq vs South Korea: DEC alternative conversion factor

Iraq
1,300 LCU per US$
in 2025
South Korea
1,422 LCU per US$
in 2025
Iraq rank
27th
South Korea rank
26th

DEC alternative conversion factor over time

  • Iraq
  • South Korea
05001.0k1.5k196019922025

How they compare

South Korea currently reports 1,422 LCU per US$ against 1,300 LCU per US$ in Iraq, a difference of 122.44 LCU per US$.

That makes South Korea's figure about 1.1 times Iraq's.

The two have swapped places 4 times across 66 shared years of data; in 1960 it was South Korea ahead.

Globally, Iraq ranks 27th and South Korea ranks 26th of 214 countries.

Individual pages

About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 12,592 data points, 1960–2025
Last refreshed

The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.