All Items, Consumer price index (CPI), Period average in Republic of Korea
Republic of Korea: All Items, Consumer price index (CPI), Period average was 131.78 in 2031. ▲ Rising
All Items, Consumer price index (CPI), Period average in Republic of Korea, 1980–2031
Source: International Monetary Fund.
Analysis
Republic of Korea recorded 131.78 for all items, consumer price index (cpi), period average in 2031. That is the highest value across all 52 years on record.
That represents a change of up 2.0% on the previous year and up 28.6% over ten years.
Over the whole period, all items, consumer price index (cpi), period average in Republic of Korea peaked at 131.78 in 2031 and was at its lowest, 20.97, in 1980.
That places Republic of Korea 11th out of 26 countries with data for 2031, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
All Items, Consumer price index (CPI), Period average in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 20.97 | — |
| 1981 | 25.44 | +21.4% |
| 1982 | 27.27 | +7.2% |
| 1983 | 28.2 | +3.4% |
| 1984 | 28.85 | +2.3% |
| 1985 | 29.55 | +2.5% |
| 1986 | 30.37 | +2.8% |
| 1987 | 31.29 | +3.0% |
| 1988 | 33.53 | +7.1% |
| 1989 | 35.44 | +5.7% |
| 1990 | 38.48 | +8.6% |
| 1991 | 42.07 | +9.3% |
| 1992 | 44.69 | +6.2% |
| 1993 | 46.83 | +4.8% |
| 1994 | 49.76 | +6.3% |
| 1995 | 51.99 | +4.5% |
| 1996 | 54.56 | +4.9% |
| 1997 | 56.98 | +4.4% |
| 1998 | 61.26 | +7.5% |
| 1999 | 61.76 | +0.8% |
| 2000 | 63.15 | +2.3% |
| 2001 | 65.72 | +4.1% |
| 2002 | 67.53 | +2.8% |
| 2003 | 69.91 | +3.5% |
| 2004 | 72.42 | +3.6% |
| 2005 | 74.41 | +2.8% |
| 2006 | 76.08 | +2.2% |
| 2007 | 78.01 | +2.5% |
| 2008 | 81.66 | +4.7% |
| 2009 | 83.91 | +2.8% |
| 2010 | 86.37 | +2.9% |
| 2011 | 89.85 | +4.0% |
| 2012 | 91.82 | +2.2% |
| 2013 | 93.01 | +1.3% |
| 2014 | 94.2 | +1.3% |
| 2015 | 94.86 | +0.7% |
| 2016 | 95.78 | +1.0% |
| 2017 | 97.64 | +1.9% |
| 2018 | 99.09 | +1.5% |
| 2019 | 99.47 | +0.4% |
| 2020 | 100 | +0.5% |
| 2021 | 102.5 | +2.5% |
| 2022 | 107.72 | +5.1% |
| 2023 | 111.59 | +3.6% |
| 2024 | 114.18 | +2.3% |
| 2025 | 116.61 | +2.1% |
| 2026 | 119.52 | +2.5% |
| 2027 | 121.75 | +1.9% |
| 2028 | 124.18 | +2.0% |
| 2029 | 126.67 | +2.0% |
| 2030 | 129.2 | +2.0% |
| 2031 | 131.78 | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.09 | 20.97 | 35.44 | 10 |
| 1990s | 50.84 | 38.48 | 61.76 | 10 |
| 2000s | 73.28 | 63.15 | 83.91 | 10 |
| 2010s | 94.21 | 86.37 | 99.47 | 10 |
| 2020s | 114.47 | 100 | 126.67 | 10 |
| 2030s | 130.49 | 129.2 | 131.78 | 2 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Imports of goods and services (constant 2015 US$), annual growth rate 3.84 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3902 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 14,137 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 26.56 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 32.05 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 4.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 20.83 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 754,550 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 1.45 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0147 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is all items, consumer price index (cpi), period average in Republic of Korea?
- All items, consumer price index (cpi), period average in Republic of Korea was 131.78 in 2031, according to International Monetary Fund.
- What is the highest all items, consumer price index (cpi), period average recorded in Republic of Korea?
- The highest recorded value was 131.78 in 2031.
- What is the lowest all items, consumer price index (cpi), period average recorded in Republic of Korea?
- The lowest recorded value was 20.97 in 1980.
- How does Republic of Korea rank for all items, consumer price index (cpi), period average?
- Republic of Korea ranks 11th out of 26 countries with data for 2031.
- Is all items, consumer price index (cpi), period average rising or falling in Republic of Korea?
- Over the last ten years it is up 28.6%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from International Monetary Fund, published as part of All Items, Consumer price index (CPI), Period average (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.