Getting electricity: Cost to get electricity in Korea
Korea: Getting electricity: Cost to get electricity was 34.3% in 2019. ▼ Falling
Getting electricity: Cost to get electricity in 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 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 Korea peaked at 45.1% in 2013 and was at its lowest, 31.0%, in 2012.
That places 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 in 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% |
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 Korea
- 156 Brunei Darussalam 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 Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.3% (2024)
- Manufactures imports 60.1% (2024)
- Merchandise imports 631.89 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.3% (2024)
- Merchandise exports 709.33 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3788 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.76 % change on previous year (2025)
Frequently asked questions
- What is getting electricity: cost to get electricity in Korea?
- Getting electricity: cost to get electricity in Korea was 34.3% in 2019, according to the World Bank.
- What is the highest getting electricity: cost to get electricity recorded in Korea?
- The highest recorded value was 45.1% in 2013.
- What is the lowest getting electricity: cost to get electricity recorded in Korea?
- The lowest recorded value was 31.0% in 2012.
- How does Korea rank for getting electricity: cost to get electricity?
- Korea ranks 158th out of 189 countries with data for 2019.
- Is getting electricity: cost to get electricity rising or falling in Korea?
- Over the last ten years it is down 21.5%. The long-run trend across the full record is falling.
- Where does this 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.