Gross domestic product (GDP), Price deflator, Index in Korea
Korea: Gross domestic product (GDP), Price deflator, Index was 130.61 in 2031. ▲ Rising
Gross domestic product (GDP), Price deflator, Index in Korea, 1980–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), price deflator, index in Korea stood at 130.61. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 26.6% over ten years.
Over the whole period, gross domestic product (gdp), price deflator, index in Korea peaked at 130.61 in 2031 and was at its lowest, 21.42, in 1980.
Korea ranks 17th of 26 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Gross domestic product (GDP), Price deflator, Index in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 21.42 | — |
| 1981 | 24.96 | +16.5% |
| 1982 | 26.58 | +6.5% |
| 1983 | 27.87 | +4.9% |
| 1984 | 29.13 | +4.5% |
| 1985 | 30.31 | +4.0% |
| 1986 | 31.84 | +5.0% |
| 1987 | 33.4 | +4.9% |
| 1988 | 35.75 | +7.0% |
| 1989 | 37.89 | +6.0% |
| 1990 | 41.7 | +10.1% |
| 1991 | 45.48 | +9.1% |
| 1992 | 49 | +7.7% |
| 1993 | 52.07 | +6.3% |
| 1994 | 56.28 | +8.1% |
| 1995 | 60.24 | +7.0% |
| 1996 | 62.64 | +4.0% |
| 1997 | 65.06 | +3.9% |
| 1998 | 67.98 | +4.5% |
| 1999 | 67.06 | -1.4% |
| 2000 | 67.69 | +0.9% |
| 2001 | 70.09 | +3.5% |
| 2002 | 72.19 | +3.0% |
| 2003 | 74.77 | +3.6% |
| 2004 | 77.21 | +3.3% |
| 2005 | 78.09 | +1.1% |
| 2006 | 77.96 | -0.2% |
| 2007 | 79.92 | +2.5% |
| 2008 | 82.26 | +2.9% |
| 2009 | 85.14 | +3.5% |
| 2010 | 87.46 | +2.7% |
| 2011 | 88.58 | +1.3% |
| 2012 | 89.72 | +1.3% |
| 2013 | 90.69 | +1.1% |
| 2014 | 91.64 | +1.1% |
| 2015 | 94.6 | +3.2% |
| 2016 | 96.55 | +2.1% |
| 2017 | 98.5 | +2.0% |
| 2018 | 99.06 | +0.6% |
| 2019 | 98.44 | -0.6% |
| 2020 | 100 | +1.6% |
| 2021 | 103.18 | +3.2% |
| 2022 | 105.05 | +1.8% |
| 2023 | 107.19 | +2.0% |
| 2024 | 111.55 | +4.1% |
| 2025 | 115.03 | +3.1% |
| 2026 | 118.22 | +2.8% |
| 2027 | 120.42 | +1.9% |
| 2028 | 122.8 | +2.0% |
| 2029 | 125.44 | +2.2% |
| 2030 | 127.96 | +2.0% |
| 2031 | 130.61 | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.92 | 21.42 | 37.89 | 10 |
| 1990s | 56.75 | 41.7 | 67.98 | 10 |
| 2000s | 76.53 | 67.69 | 85.14 | 10 |
| 2010s | 93.52 | 87.46 | 99.06 | 10 |
| 2020s | 112.89 | 100 | 125.44 | 10 |
| 2030s | 129.28 | 127.96 | 130.61 | 2 |
Countries ranked near Korea
More economy & growth data for Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), price deflator, index in Korea?
- Gross domestic product (gdp), price deflator, index in Korea was 130.61 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), price deflator, index recorded in Korea?
- The highest recorded value was 130.61 in 2031.
- What is the lowest gross domestic product (gdp), price deflator, index recorded in Korea?
- The lowest recorded value was 21.42 in 1980.
- How does Korea rank for gross domestic product (gdp), price deflator, index?
- Korea ranks 17th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), price deflator, index rising or falling in Korea?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Price deflator, Index (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.