Consumer prices statistics in Korea
Korea: Consumer prices statistics was 2.12 in 2025. ◆ Volatile
Latest (2025)
2.12
Change on year
down 8.6%
World rank
52nd
of 61 countries
All-time high
28.7
in 1980
All-time low
0.383
in 2019
Years of data
61
1965–2025
Consumer prices statistics in Korea, 1965–2025
Source: Bank for International Settlements.
Analysis
In 2025, consumer prices statistics in 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 Korea peaked at 28.7 in 1980 and was at its lowest, 0.383, in 2019.
That places 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 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% |
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 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 Korea
- Net primary income (Net income from abroad) (current LCU), annual 23.99 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -2.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0698 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,528 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 1.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 99.26 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3.60 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,965 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1,435 (2025)
Frequently asked questions
- What is consumer prices statistics in Korea?
- Consumer prices statistics in Korea was 2.12 in 2025, according to Bank for International Settlements.
- What is the highest consumer prices statistics recorded in Korea?
- The highest recorded value was 28.7 in 1980.
- What is the lowest consumer prices statistics recorded in Korea?
- The lowest recorded value was 0.383 in 2019.
- How does Korea rank for consumer prices statistics?
- Korea ranks 52nd out of 61 countries with data for 2025.
- Is consumer prices statistics rising or falling in Korea?
- Over the last ten years it is up 200.6%. The long-run trend across the full record is volatile.
- Where does this 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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