Economic Outlook No 117 — Headline inflation in Korea
Korea: Economic Outlook No 117 — Headline inflation was 1.97 in 2026. ◆ Volatile
Economic Outlook No 117 — Headline inflation in Korea, 1966–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — headline inflation in Korea stood at 1.97.
The figure is down 7.5% on the previous year and up 103.2% over ten years.
Over the whole period, economic outlook no 117 — headline inflation in Korea peaked at 28.7 in 1980 and was at its lowest, 0.383, in 2019.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Headline inflation in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1966 | 11.26 | — |
| 1967 | 10.88 | -3.4% |
| 1968 | 10.77 | -1.0% |
| 1969 | 12.39 | +15.0% |
| 1970 | 15.95 | +28.7% |
| 1971 | 13.51 | -15.3% |
| 1972 | 11.69 | -13.5% |
| 1973 | 3.22 | -72.4% |
| 1974 | 24.3 | +654.5% |
| 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 | +8.1% |
| 1986 | 2.75 | +11.8% |
| 1987 | 3.05 | +10.9% |
| 1988 | 7.15 | +134.3% |
| 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 | 2.13 | -8.1% |
| 2026 | 1.97 | -7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.33 | 10.77 | 12.39 | 4 |
| 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 | 2.59 | 0.5373 | 5.09 | 7 |
Countries ranked near Korea
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- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook no 117 — headline inflation in Korea?
- Economic outlook no 117 — headline inflation in Korea was 1.97 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — headline inflation recorded in Korea?
- The highest recorded value was 28.7 in 1980.
- What is the lowest economic outlook no 117 — headline inflation recorded in Korea?
- The lowest recorded value was 0.383 in 2019.
- How does Korea rank for economic outlook no 117 — headline inflation?
- Korea ranks 1st out of 1 groups with data for 2026.
- Is economic outlook no 117 — headline inflation rising or falling in Korea?
- Over the last ten years it is up 103.2%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Headline inflation. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP