GDP deflator (base year varies by country) (GDP Country official) in South Korea
South Korea: GDP deflator (base year varies by country) (GDP Country official) was 115.03 base year varies by country in 2025. ◆ Volatile
Latest (2025)
115.03 base year varies by country
Change on year
up 3.1%
World rank
179th
of 214 countries
All-time high
115.03 base year varies by country
in 2025
All-time low
0.8082 base year varies by country
in 1960
Years of data
66
1960–2025
GDP deflator in South Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
The most recent figure for gdp deflator in South Korea is 115.03 base year varies by country, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 21.6% over ten years.
Over the whole period, gdp deflator in South Korea peaked at 115.03 base year varies by country in 2025 and was at its lowest, 0.8082 base year varies by country, in 1960.
South Korea ranks 179th of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country) (GDP Country official) in South Korea, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1960 | 0.8082 base year varies by country | — |
| 1961 | 0.9129 base year varies by country | +13.0% |
| 1962 | 1.07 base year varies by country | +16.7% |
| 1963 | 1.39 base year varies by country | +30.1% |
| 1964 | 1.81 base year varies by country | +30.4% |
| 1965 | 1.9 base year varies by country | +4.9% |
| 1966 | 2.17 base year varies by country | +14.6% |
| 1967 | 2.45 base year varies by country | +13.0% |
| 1968 | 2.79 base year varies by country | +13.8% |
| 1969 | 3.19 base year varies by country | +14.1% |
| 1970 | 3.66 base year varies by country | +14.8% |
| 1971 | 4.07 base year varies by country | +11.3% |
| 1972 | 4.71 base year varies by country | +15.8% |
| 1973 | 5.32 base year varies by country | +12.9% |
| 1974 | 6.96 base year varies by country | +30.7% |
| 1975 | 8.59 base year varies by country | +23.5% |
| 1976 | 10.41 base year varies by country | +21.2% |
| 1977 | 11.92 base year varies by country | +14.5% |
| 1978 | 14.51 base year varies by country | +21.7% |
| 1979 | 17.2 base year varies by country | +18.5% |
| 1980 | 21.42 base year varies by country | +24.6% |
| 1981 | 24.96 base year varies by country | +16.5% |
| 1982 | 26.58 base year varies by country | +6.5% |
| 1983 | 27.87 base year varies by country | +4.9% |
| 1984 | 29.13 base year varies by country | +4.5% |
| 1985 | 30.31 base year varies by country | +4.0% |
| 1986 | 31.84 base year varies by country | +5.0% |
| 1987 | 33.4 base year varies by country | +4.9% |
| 1988 | 35.75 base year varies by country | +7.0% |
| 1989 | 37.89 base year varies by country | +6.0% |
| 1990 | 41.7 base year varies by country | +10.1% |
| 1991 | 45.48 base year varies by country | +9.1% |
| 1992 | 49 base year varies by country | +7.7% |
| 1993 | 52.07 base year varies by country | +6.3% |
| 1994 | 56.28 base year varies by country | +8.1% |
| 1995 | 60.24 base year varies by country | +7.0% |
| 1996 | 62.64 base year varies by country | +4.0% |
| 1997 | 65.06 base year varies by country | +3.9% |
| 1998 | 67.98 base year varies by country | +4.5% |
| 1999 | 67.06 base year varies by country | -1.4% |
| 2000 | 67.69 base year varies by country | +0.9% |
| 2001 | 70.09 base year varies by country | +3.5% |
| 2002 | 72.19 base year varies by country | +3.0% |
| 2003 | 74.77 base year varies by country | +3.6% |
| 2004 | 77.21 base year varies by country | +3.3% |
| 2005 | 78.09 base year varies by country | +1.1% |
| 2006 | 77.96 base year varies by country | -0.2% |
| 2007 | 79.92 base year varies by country | +2.5% |
| 2008 | 82.26 base year varies by country | +2.9% |
| 2009 | 85.14 base year varies by country | +3.5% |
| 2010 | 87.46 base year varies by country | +2.7% |
| 2011 | 88.58 base year varies by country | +1.3% |
| 2012 | 89.72 base year varies by country | +1.3% |
| 2013 | 90.69 base year varies by country | +1.1% |
| 2014 | 91.64 base year varies by country | +1.1% |
| 2015 | 94.6 base year varies by country | +3.2% |
| 2016 | 96.55 base year varies by country | +2.1% |
| 2017 | 98.5 base year varies by country | +2.0% |
| 2018 | 99.06 base year varies by country | +0.6% |
| 2019 | 98.44 base year varies by country | -0.6% |
| 2020 | 100 base year varies by country | +1.6% |
| 2021 | 103.18 base year varies by country | +3.2% |
| 2022 | 105.05 base year varies by country | +1.8% |
| 2023 | 107.19 base year varies by country | +2.0% |
| 2024 | 111.55 base year varies by country | +4.1% |
| 2025 | 115.03 base year varies by country | +3.1% |
South Korea compared with similar countries
- South Korea's 115.03 base year varies by country is below the median for high income countries, which is 122.45 base year varies by country, 94% of the median. (82 countries reporting)
- South Korea's 115.03 base year varies by country is below the median for East Asia & Pacific, which is 130.07 base year varies by country, 88% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.85 base year varies by country | 0.8082 base year varies by country | 3.19 base year varies by country | 10 |
| 1970s | 8.73 base year varies by country | 3.66 base year varies by country | 17.2 base year varies by country | 10 |
| 1980s | 29.92 base year varies by country | 21.42 base year varies by country | 37.89 base year varies by country | 10 |
| 1990s | 56.75 base year varies by country | 41.7 base year varies by country | 67.98 base year varies by country | 10 |
| 2000s | 76.53 base year varies by country | 67.69 base year varies by country | 85.14 base year varies by country | 10 |
| 2010s | 93.52 base year varies by country | 87.46 base year varies by country | 99.06 base year varies by country | 10 |
| 2020s | 107 base year varies by country | 100 base year varies by country | 115.03 base year varies by country | 6 |
Countries ranked near South Korea
- 176 Djibouti 116.41 base year varies by country compare
- 177 Italy 115.8 base year varies by country compare
- 178 Finland 115.59 base year varies by country compare
- 180 Kuwait 114.96 base year varies by country compare
- 181 Denmark 114.85 base year varies by country compare
- 182 United Arab Emirates 114.18 base year varies by country compare
More economy & growth data for South Korea
- 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)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator in South Korea?
- Gdp deflator in South Korea was 115.03 base year varies by country in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in South Korea?
- The highest recorded value was 115.03 base year varies by country in 2025.
- What is the lowest gdp deflator recorded in South Korea?
- The lowest recorded value was 0.8082 base year varies by country in 1960.
- How does South Korea rank for gdp deflator?
- South Korea ranks 179th out of 214 countries with data for 2025.
- Is gdp deflator rising or falling in South Korea?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
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About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).