Consumer prices statistics in South Korea
South Korea: Consumer prices statistics was 2.12 in 2025. ◆ Volatile
Consumer prices statistics in South Korea, 1965–2025
Source: Bank for International Settlements.
Analysis
In 2025, consumer prices statistics in South Korea stood at 2.12.
That represents a change of down 8.6% on the previous year and up 200.6% over ten years.
Over the whole period, consumer prices statistics in South Korea peaked at 28.7 in 1980 and was at its lowest, 0.383, in 2019.
That places South Korea 52nd out of 61 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Consumer prices statistics in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1965 | 3.02 | — |
| 1966 | 11.25 | +272.1% |
| 1967 | 10.9 | -3.1% |
| 1968 | 10.76 | -1.3% |
| 1969 | 12.39 | +15.1% |
| 1970 | 15.96 | +28.8% |
| 1971 | 13.5 | -15.4% |
| 1972 | 11.68 | -13.5% |
| 1973 | 3.22 | -72.4% |
| 1974 | 24.31 | +654.8% |
| 1975 | 25.25 | +3.9% |
| 1976 | 15.33 | -39.3% |
| 1977 | 10.1 | -34.1% |
| 1978 | 14.46 | +43.2% |
| 1979 | 18.32 | +26.7% |
| 1980 | 28.7 | +56.6% |
| 1981 | 21.35 | -25.6% |
| 1982 | 7.19 | -66.3% |
| 1983 | 3.42 | -52.4% |
| 1984 | 2.27 | -33.5% |
| 1985 | 2.46 | +8.2% |
| 1986 | 2.75 | +11.8% |
| 1987 | 3.05 | +10.8% |
| 1988 | 7.15 | +134.5% |
| 1989 | 5.7 | -20.2% |
| 1990 | 8.57 | +50.4% |
| 1991 | 9.33 | +8.9% |
| 1992 | 6.21 | -33.4% |
| 1993 | 4.8 | -22.7% |
| 1994 | 6.27 | +30.5% |
| 1995 | 4.48 | -28.5% |
| 1996 | 4.92 | +9.9% |
| 1997 | 4.44 | -9.9% |
| 1998 | 7.51 | +69.3% |
| 1999 | 0.813 | -89.2% |
| 2000 | 2.26 | +177.9% |
| 2001 | 4.07 | +80.0% |
| 2002 | 2.76 | -32.1% |
| 2003 | 3.51 | +27.2% |
| 2004 | 3.59 | +2.2% |
| 2005 | 2.75 | -23.3% |
| 2006 | 2.24 | -18.6% |
| 2007 | 2.53 | +13.0% |
| 2008 | 4.67 | +84.4% |
| 2009 | 2.76 | -41.0% |
| 2010 | 2.94 | +6.6% |
| 2011 | 4.03 | +37.0% |
| 2012 | 2.19 | -45.7% |
| 2013 | 1.3 | -40.5% |
| 2014 | 1.27 | -2.0% |
| 2015 | 0.7063 | -44.6% |
| 2016 | 0.9717 | +37.6% |
| 2017 | 1.94 | +100.1% |
| 2018 | 1.48 | -24.1% |
| 2019 | 0.383 | -74.0% |
| 2020 | 0.5373 | +40.3% |
| 2021 | 2.5 | +365.0% |
| 2022 | 5.09 | +103.7% |
| 2023 | 3.6 | -29.3% |
| 2024 | 2.32 | -35.5% |
| 2025 | 2.12 | -8.6% |
South Korea compared with similar countries
- South Korea's 2.12 is below the median for high income countries, which is 128.7, 2% of the median. (44 countries reporting)
- South Korea's 2.12 is below the median for East Asia & Pacific, which is 122.4, 2% of the median. (11 countries reporting)
Biggest year-on-year movements
Years where Consumer prices statistics in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +654.8% | 3.22 | 24.31 |
| 2021 | +365.0% | 0.5373 | 2.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.67 | 3.02 | 12.39 | 5 |
| 1970s | 15.21 | 3.22 | 25.25 | 10 |
| 1980s | 8.4 | 2.27 | 28.7 | 10 |
| 1990s | 5.74 | 0.813 | 9.33 | 10 |
| 2000s | 3.12 | 2.24 | 4.67 | 10 |
| 2010s | 1.72 | 0.383 | 4.03 | 10 |
| 2020s | 2.69 | 0.5373 | 5.09 | 6 |
Countries ranked near South Korea
- 49 Kuwait 2.36 compare
- 50 Portugal 2.34 compare
- 51 Luxembourg 2.25 compare
- 53 Saudi Arabia 2.03 compare
- 54 Philippines 1.66 compare
- 55 Italy 1.53 compare
More economy & growth data for South Korea
- Real gdp growth, annual growth rate -49.75 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
Frequently asked questions
- What is consumer prices statistics in South Korea?
- Consumer prices statistics in South Korea was 2.12 in 2025, according to Bank for International Settlements.
- What is the highest consumer prices statistics recorded in South Korea?
- The highest recorded value was 28.7 in 1980.
- What is the lowest consumer prices statistics recorded in South Korea?
- The lowest recorded value was 0.383 in 2019.
- How does South Korea rank for consumer prices statistics?
- South Korea ranks 52nd out of 61 countries with data for 2025.
- Is consumer prices statistics rising or falling in South Korea?
- Over the last ten years it is up 200.6%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Bank for International Settlements, published as part of Consumer prices statistics. Statizoid updates them automatically from the source API.
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