Getting electricity: Cost to get electricity (% of income per capita) in South Korea
South Korea: Getting electricity: Cost to get electricity (% of income per capita) was 34.3% in 2019. ▼ Falling
Getting electricity: Cost to get electricity in South Korea, 2009–2019
Source: World Bank. Measured in % of income per capita.
Analysis
The most recent figure for getting electricity: cost to get electricity in South Korea is 34.3%, measured in 2019.
Compared with earlier readings it is down 2.6% on the previous year and down 21.5% over ten years.
Over the whole period, getting electricity: cost to get electricity in South Korea peaked at 45.1% in 2013 and was at its lowest, 31.0%, in 2012.
That places South Korea 158th out of 189 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Getting electricity: Cost to get electricity (% of income per capita) in South Korea, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2009 | 43.7% | — |
| 2010 | 42.3% | -3.2% |
| 2011 | 38.6% | -8.7% |
| 2012 | 31.0% | -19.7% |
| 2013 | 45.1% | +45.5% |
| 2014 | 41.1% | -8.9% |
| 2015 | 39.8% | -3.2% |
| 2016 | 38.3% | -3.8% |
| 2017 | 37.0% | -3.4% |
| 2018 | 35.2% | -4.9% |
| 2019 | 34.3% | -2.6% |
South Korea compared with similar countries
- South Korea's 34.3% is below the median for high income countries, which is 53.7%, 64% of the median. (62 countries reporting)
- South Korea's 34.3% is below the median for East Asia & Pacific, which is 154.8%, 22% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.7% | 43.7% | 43.7% | 1 |
| 2010s | 38.3% | 31.0% | 45.1% | 10 |
Countries ranked near South Korea
- 156 Brunei 36.7% compare
- 157 Kazakhstan 35.9% compare
- 159 Lithuania 33.6% compare
- 159 Portugal 33.6% compare
- 161 Luxembourg 32.7% compare
More private sector data for South Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 62.1% (2025)
- Merchandise imports 631.89 billion current US$ (2025)
- Commercial service imports 183.44 billion current US$ (2025)
- Food exports 1.7% (2025)
- Manufactures exports 88.0% (2025)
- Merchandise exports 709.33 billion current US$ (2025)
- Commercial service exports 149.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
Frequently asked questions
- What is getting electricity: cost to get electricity in South Korea?
- Getting electricity: cost to get electricity in South Korea was 34.3% in 2019, according to the World Bank.
- What is the highest getting electricity: cost to get electricity recorded in South Korea?
- The highest recorded value was 45.1% in 2013.
- What is the lowest getting electricity: cost to get electricity recorded in South Korea?
- The lowest recorded value was 31.0% in 2012.
- How does South Korea rank for getting electricity: cost to get electricity?
- South Korea ranks 158th out of 189 countries with data for 2019.
- Is getting electricity: cost to get electricity rising or falling in South Korea?
- Over the last ten years it is down 21.5%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Getting electricity: Cost to get electricity (% of income per capita). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The cost is the total median cost associated with completing the procedures to connect a warehouse to electricity. It is calculated as a percentage of income per capita. All the fees and costs associated with completing the procedures to connect a warehouse to electricity are recorded, including those related to obtaining clearances from government agencies, applying for the connection, receiving inspections of both the site and the internal wiring, purchasing material, getting the actual connection works and paying a security deposit. Bribes are not included.