Korea vs Latvia: Getting electricity: Price of electricity (US cents per kWh)

Korea
11.4 DB16-20 methodology
in 2019
Latvia
11.4 DB16-20 methodology
in 2019
Korea rank
131st
Latvia rank
131st

Getting electricity: Price of electricity (US cents per kWh) over time

  • Korea
  • Latvia
05101520201420162019

How they compare

Korea currently reports 11.4 DB16-20 methodology against 11.4 DB16-20 methodology in Latvia, a difference of 0 DB16-20 methodology.

The two have swapped places 2 times across 6 shared years of data; in 2014 it was Latvia ahead.

Korea ranks 131st and Latvia ranks 131st of 187 countries.

Latvia has averaged higher in every one of the 1 decades both report.

Frequently asked questions

Which has higher getting electricity: price of electricity (us cents per kwh), Korea or Latvia?
Korea, at 11.4 DB16-20 methodology against 11.4 DB16-20 methodology in Latvia as of 2019.
What is the difference in getting electricity: price of electricity (us cents per kwh) between Korea and Latvia?
0 DB16-20 methodology, with Korea ahead.
How many years of comparable data are there for Korea and Latvia?
6 years are reported by both, from 2014 to 2019.
How do Korea and Latvia rank globally for getting electricity: price of electricity (us cents per kwh)?
Korea ranks 131st and Latvia ranks 131st of 187 countries.
Where does this data come from?
The World Bank, published as Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Latvia: Getting electricity: Price of electricity (US cents per kWh). Statizoid. Retrieved 10 September 2026, from https://private-sector.statizoid.com/compare/getting-electricity-price-of-electricity-us-cents-per-kwh-db16-20-methodology/korea-rep/latvia/

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About this data

Indicator
Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology)
Unit
DB16-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 1,122 data points, 2014–2019
Last refreshed

The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies.