South Korea

Compared with Guatemala, using real observed prices.

Baseline: Guatemala = 1×

South Korea vs

Guatemala

Overall verdict

South Korea is about 0.72× Guatemala.

Average across 3 categories, 7 items with data

The shape of prices (vs Guatemala = 1×)

How to read this

The centre line is Guatemala. A bar running right means South Korea is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than

Guatemala Guatemala = 1×

South Korea is pricier →

⛽ Transport 2 items

×1.01
🍔 Food & Dining 1 item

×0.87
⚡ Utilities 1 item

×0.42

Thin bar shows the range (cheapest to priciest item in the category)

In South Korea, Gasoline 1L costs 1.0× what it does in Guatemala — but Electricity 1kWh (household) costs only 0.4×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Gasoline 1L 1 L ×1.01

South Korea GTQ 10.94 USD 1.427

Guatemala GTQ 10.79 USD 1.407

Observed 2026-07-20 · GlobalPetrolPrices.com
Diesel 1L 1 L ×1.01

South Korea GTQ 10.85 USD 1.415

Guatemala GTQ 10.78 USD 1.406

Observed 2026-07-20 · GlobalPetrolPrices.com
Big Mac 1 burger ×0.87

South Korea GTQ 28.68 KRW 5,500

Guatemala GTQ 33.00 GTQ 33

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.42

South Korea GTQ 0.97 USD 0.127

Guatemala GTQ 2.29 USD 0.299

Observed 2026-04-01 · GlobalPetrolPrices.com