GDP deflator in Republic of Korea
Republic of Korea: GDP deflator 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
178th
of 212 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 Republic of 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 Republic of 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 Republic of 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.
Republic of Korea ranks 178th of 212 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 in Republic of 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% |
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 Republic of Korea
- 175 Djibouti 116.41 base year varies by country compare
- 176 Italy 115.8 base year varies by country compare
- 177 Finland 115.59 base year varies by country compare
- 179 Kuwait 114.96 base year varies by country compare
- 180 Denmark 114.85 base year varies by country compare
- 181 United Arab Emirates 114.18 base year varies by country compare
More economy & growth data for Republic of Korea
- GNI, Atlas method (current US$), annual growth rate 2.94 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 37,884 current US$ per person (2025)
- GNI (current US$), annual growth rate 0.1093 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 36,849 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.45 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,447 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 52.42 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 18.84 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator in Republic of Korea?
- Gdp deflator in Republic of 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 Republic of Korea?
- The highest recorded value was 115.03 base year varies by country in 2025.
- What is the lowest gdp deflator recorded in Republic of Korea?
- The lowest recorded value was 0.8082 base year varies by country in 1960.
- How does Republic of Korea rank for gdp deflator?
- Republic of Korea ranks 178th out of 212 countries with data for 2025.
- Is gdp deflator rising or falling in Republic of Korea?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is volatile.
- Where does this Republic of 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.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).