Apple · iPhone
iPhone 16 price in South Korea
Apple Store price in South Korea for the iPhone 16, with tax, converted to pounds.
iPhone 16
US$961 · Includes 10% VAT
Price details
iPhone 16 is sold in one model in South Korea. Colour doesn't change the price: Black, Pink, Teal, Ultramarine and White cost the same.
- Apple Store price
- ₩1,290,000Includes 10% VAT
- In pounds
- £725
- Rank
- 13th cheapest of 40
Price in South Korea
In South Korean won₩1,290,000 since 11 Sept 2026, when Apple raised it from ₩1,150,000.
Questions
Is the iPhone 16 cheaper in South Korea than in the UK?
Yes. It costs ₩1,290,000, about £725, in South Korea. In the UK it costs £799, so it's £74 (9% of the price in the UK) less in South Korea.
Does the price include tax?
Yes. Apple's prices in South Korea include 10% VAT.
Where is the iPhone 16 cheapest?
The US, at about £649. South Korea is 13th cheapest of 40.
Can visitors get the tax back in South Korea?
Yes. Spend at least ₩15,000 and you can claim back some of the 10% VAT through the VAT refund for foreign tourists; how much depends on the operator's fee. We haven't confirmed that Apple Stores take part.
Has the price changed?
Yes. Apple raised the price from ₩1,150,000 to ₩1,290,000 on 11 Sept 2026.
How South Korea compares
In pounds, with tax
40 countries. Differences are against the price in South Korea; percentages are of that price. Prices for the US include our average sales tax.
Tax
Apple's prices in South Korea include 10% VAT.
Tax refund for visitors
- Scheme
- VAT refund for foreign tourists
- Minimum spend
- ₩15,000
- Refund
- Up to 10%, less fees
Paid through a refund operator, who keeps a fee. We haven't confirmed that Apple Stores take part.
Prices in South Korea in general
US = 100General prices in South Korea are 64% of the US level (2024). iPhone 16 costs 112% of its US price, with tax.
South Korea: inflation, wages and pricesiPhone 16 in other countries
Nearest in price
11Taiwan£71012New Zealand£719
Also in Asia
iPhone 16 in all 40 countries
Other Apple products in South Korea
iPhone 17from ₩1,450,000iPhone 17efrom ₩1,150,000iPhone 18 Profrom ₩1,990,000iPhone 18 Pro Maxfrom ₩2,190,000iPhone Airfrom ₩1,790,000Sources and method
Prices collected from Apple's public website for South Korea, checked 6 Oct 2026, with tax as Apple shows it. Converted at European Central Bank reference rates from 6 Oct 2026. Not affiliated with Apple. For guidance only, not tax or financial advice.
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