Gasoline Prices in South Korea increased to 1.35 USD/Liter in December from 1.31 USD/Liter in November of 2019. Gasoline Prices in South Korea averaged 1.41 USD/Liter from 1990 until 2019, 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 1.48 USD/Liter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gasoline Prices in South Korea to stand at 1.59 in 12 months time. In the long-term, the South Korea Gasoline Prices is projected to trend around 1.67 USD/Liter in 2020, according to our econometric models.