Gross national expenditure deflator (base year varies by country) in South Korea

South Korea: Gross national expenditure deflator (base year varies by country) was 2.22 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.22 % change on previous year
Change on year
up 9.2%
World rank
108th
of 168 countries
All-time high
38.01 % change on previous year
in 1974
All-time low
0.1307 % change on previous year
in 2015
Years of data
65
1961–2025

Gross national expenditure deflator (base year varies by country) in South Korea, 1961–2025

010203040196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross national expenditure deflator (base year varies by country) in South Korea is 2.22 % change on previous year, measured in 2025.

That represents a change of up 9.2% on the previous year and up 1,601.7% over ten years.

Over the whole period, gross national expenditure deflator (base year varies by country) in South Korea peaked at 38.01 % change on previous year in 1974 and was at its lowest, 0.1307 % change on previous year, in 2015.

That places South Korea 108th out of 168 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross national expenditure deflator (base year varies by country) in South Korea, year by year

Annual values for Gross national expenditure deflator (base year varies by country), annual growth rate in South Korea, 1961 to 2025.
Year % change on previous year Change
1961 16.74 % change on previous year
1962 13.2 % change on previous year -21.2%
1963 30.91 % change on previous year +134.2%
1964 30.5 % change on previous year -1.3%
1965 5.96 % change on previous year -80.4%
1966 18.56 % change on previous year +211.2%
1967 13.25 % change on previous year -28.6%
1968 14.99 % change on previous year +13.1%
1969 14.91 % change on previous year -0.5%
1970 13.77 % change on previous year -7.6%
1971 12.17 % change on previous year -11.7%
1972 14.11 % change on previous year +16.0%
1973 15.39 % change on previous year +9.1%
1974 38.01 % change on previous year +146.9%
1975 24.52 % change on previous year -35.5%
1976 18.33 % change on previous year -25.3%
1977 15.35 % change on previous year -16.2%
1978 22.25 % change on previous year +44.9%
1979 19.92 % change on previous year -10.5%
1980 27.85 % change on previous year +39.8%
1981 17.46 % change on previous year -37.3%
1982 5.67 % change on previous year -67.5%
1983 4.72 % change on previous year -16.8%
1984 4.27 % change on previous year -9.4%
1985 4.42 % change on previous year +3.4%
1986 3.24 % change on previous year -26.6%
1987 4.45 % change on previous year +37.3%
1988 7.41 % change on previous year +66.3%
1989 5.42 % change on previous year -26.8%
1990 11.07 % change on previous year +104.2%
1991 9.69 % change on previous year -12.5%
1992 7.32 % change on previous year -24.4%
1993 5.81 % change on previous year -20.7%
1994 8.29 % change on previous year +42.8%
1995 7.59 % change on previous year -8.5%
1996 5.23 % change on previous year -31.1%
1997 5.29 % change on previous year +1.2%
1998 3.92 % change on previous year -25.9%
1999 0.9278 % change on previous year -76.3%
2000 4.04 % change on previous year +335.1%
2001 4.37 % change on previous year +8.3%
2002 2.55 % change on previous year -41.7%
2003 4.12 % change on previous year +61.5%
2004 4.27 % change on previous year +3.6%
2005 2.47 % change on previous year -42.0%
2006 1.54 % change on previous year -37.7%
2007 2.83 % change on previous year +83.6%
2008 5.74 % change on previous year +103.1%
2009 1.64 % change on previous year -71.5%
2010 2.73 % change on previous year +66.8%
2011 3.69 % change on previous year +34.9%
2012 1.35 % change on previous year -63.3%
2013 0.327 % change on previous year -75.8%
2014 1.01 % change on previous year +210.0%
2015 0.1307 % change on previous year -87.1%
2016 1.2 % change on previous year +820.3%
2017 2.07 % change on previous year +71.8%
2018 1.66 % change on previous year -19.5%
2019 1.56 % change on previous year -6.0%
2020 1.08 % change on previous year -31.2%
2021 3.92 % change on previous year +264.2%
2022 5.25 % change on previous year +34.0%
2023 1.83 % change on previous year -65.1%
2024 2.04 % change on previous year +11.2%
2025 2.22 % change on previous year +9.2%

Biggest year-on-year movements

Years where Gross national expenditure deflator (base year varies by country) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2016 +820.3% 0.1307 % change on previous year 1.2 % change on previous year
2000 +335.1% 0.9278 % change on previous year 4.04 % change on previous year
2021 +264.2% 1.08 % change on previous year 3.92 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 17.67 % change on previous year 5.96 % change on previous year 30.91 % change on previous year 9
1970s 19.38 % change on previous year 12.17 % change on previous year 38.01 % change on previous year 10
1980s 8.49 % change on previous year 3.24 % change on previous year 27.85 % change on previous year 10
1990s 6.51 % change on previous year 0.9278 % change on previous year 11.07 % change on previous year 10
2000s 3.36 % change on previous year 1.54 % change on previous year 5.74 % change on previous year 10
2010s 1.57 % change on previous year 0.1307 % change on previous year 3.69 % change on previous year 10
2020s 2.72 % change on previous year 1.08 % change on previous year 5.25 % change on previous year 6

Countries ranked near South Korea

  1. 105 Belize 2.4 % change on previous year compare
  2. 106 Ecuador 2.35 % change on previous year compare
  3. 107 Armenia 2.31 % change on previous year compare
  4. 109 South Africa 2.19 % change on previous year compare
  5. 110 Guatemala 2.16 % change on previous year compare
  6. 111 Kuwait 2.15 % change on previous year compare

See the full ranking of 168 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is gross national expenditure deflator (base year varies by country) in South Korea?
Gross national expenditure deflator (base year varies by country) in South Korea was 2.22 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross national expenditure deflator (base year varies by country) recorded in South Korea?
The highest recorded value was 38.01 % change on previous year in 1974.
What is the lowest gross national expenditure deflator (base year varies by country) recorded in South Korea?
The lowest recorded value was 0.1307 % change on previous year in 2015.
How does South Korea rank for gross national expenditure deflator (base year varies by country)?
South Korea ranks 108th out of 168 countries with data for 2025.
Is gross national expenditure deflator (base year varies by country) rising or falling in South Korea?
Over the last ten years it is up 1,601.7%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Statizoid (derived), published as part of Gross national expenditure deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure deflator (base year varies by country) in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-deflator-base-year-varies-by-country-annual-growth-rate/korea-rep/

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<a href="https://economy.statizoid.com/stat/gross-national-expenditure-deflator-base-year-varies-by-country-annual-growth-rate/korea-rep/">Gross national expenditure deflator (base year varies by country) in South Korea</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross national expenditure deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 6,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.