Inflation, consumer prices in South Korea
South Korea: Inflation, consumer prices was 2.1% in 2025. ◆ Volatile
Inflation, consumer prices in South Korea, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
South Korea recorded 2.1% for inflation, consumer prices in 2025.
That represents a change of down 8.6% on the previous year and up 200.6% over ten years.
Over the whole period, inflation, consumer prices in South Korea peaked at 29.5% in 1964 and was at its lowest, 0.4%, in 2019.
South Korea ranks 127th of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.2% | 6.6% | 29.5% | 10 |
| 1970s | 15.2% | 3.2% | 25.2% | 10 |
| 1980s | 8.4% | 2.3% | 28.7% | 10 |
| 1990s | 5.7% | 0.8% | 9.3% | 10 |
| 2000s | 3.1% | 2.2% | 4.7% | 10 |
| 2010s | 1.7% | 0.4% | 4.0% | 10 |
| 2020s | 2.7% | 0.5% | 5.1% | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- External balance on goods and services as a percent of GDP 5.2% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 37,470 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 27.4% (2025)
- Gross domestic product (GDP) 1.94 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 37,470 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
Frequently asked questions
- What is inflation, consumer prices in South Korea?
- Inflation, consumer prices in South Korea was 2.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in South Korea?
- The highest recorded value was 29.5% in 1964.
- What is the lowest inflation, consumer prices recorded in South Korea?
- The lowest recorded value was 0.4% in 2019.
- How does South Korea rank for inflation, consumer prices?
- South Korea ranks 127th out of 190 countries with data for 2025.
- Is inflation, consumer prices rising or falling in South Korea?
- Over the last ten years it is up 200.6%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.