Gasoline Prices in South Korea decreased to 1.29 USD/Liter in July from 1.30 USD/Liter in June of 2026. Gasoline Prices in South Korea averaged 1.35 USD/Liter from 1990 until 2026, reaching an all time high of 1.84 USD/Liter in June of 2014 and a record low of 0.54 USD/Liter in December of 1990. source: Korea National Oil Corporation

Gasoline Prices in South Korea is expected to be 1.42 USD/Liter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Gasoline Prices is projected to trend around 1.20 USD/Liter in 2027 and 1.36 USD/Liter in 2028, according to our econometric models.



Related Last Previous Unit Reference
Bank Lending Rate 4.31 4.19 percent Jun 2026
Consumer Confidence 106.80 106.60 points Jul 2026
Consumer Credit 1993110.80 1979088.40 KRW Billion Mar 2026
Consumer Spending 285021.60 283776.00 KRW Billion Jun 2026
Disposable Personal Income 2588759.30 2438258.30 KRW Billion Dec 2024
Economic Optimism Index 96.80 97.50 points Jun 2026
Gasoline Prices 1.29 1.30 USD/Liter Jul 2026
Households Debt to GDP 88.60 89.40 percent of GDP Dec 2025
Personal Savings 41.70 36.00 percent Mar 2026
Retail Sales MoM 0.10 -3.50 percent May 2026
Retail Sales YoY 1.70 1.60 percent May 2026


South Korea Gasoline Prices
Actual Previous Highest Lowest Dates Unit Frequency
1.29 1.30 1.84 0.54 1990 - 2026 USD/Liter Monthly