Price level index in South Korea
South Korea: Price level index was 57.39 GDP in 2025. ▼ Falling
Price level index in South Korea, 1990–2025
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
South Korea recorded 57.39 GDP for price level index in 2025.
The figure is down 3.3% on the previous year and down 24.3% over ten years.
Over the whole period, price level index in South Korea peaked at 93.4 GDP in 1995 and was at its lowest, 55.38 GDP, in 1998.
That places South Korea 70th out of 204 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Price level index in South Korea, year by year
| Year | GDP | Change |
|---|---|---|
| 1990 | 79.52 GDP | — |
| 1991 | 80.96 GDP | +1.8% |
| 1992 | 80.12 GDP | -1.0% |
| 1993 | 80.89 GDP | +0.9% |
| 1994 | 85.52 GDP | +5.7% |
| 1995 | 93.4 GDP | +9.2% |
| 1996 | 91.44 GDP | -2.1% |
| 1997 | 78.95 GDP | -13.7% |
| 1998 | 55.38 GDP | -29.9% |
| 1999 | 63.5 GDP | +14.7% |
| 2000 | 66.07 GDP | +4.1% |
| 2001 | 58.61 GDP | -11.3% |
| 2002 | 61.53 GDP | +5.0% |
| 2003 | 66.37 GDP | +7.9% |
| 2004 | 69.44 GDP | +4.6% |
| 2005 | 77.03 GDP | +10.9% |
| 2006 | 80.83 GDP | +4.9% |
| 2007 | 82.89 GDP | +2.5% |
| 2008 | 71.3 GDP | -14.0% |
| 2009 | 64.86 GDP | -9.0% |
| 2010 | 72.68 GDP | +12.1% |
| 2011 | 77.11 GDP | +6.1% |
| 2012 | 75.87 GDP | -1.6% |
| 2013 | 79.37 GDP | +4.6% |
| 2014 | 82.81 GDP | +4.3% |
| 2015 | 75.82 GDP | -8.4% |
| 2016 | 73.99 GDP | -2.4% |
| 2017 | 77.16 GDP | +4.3% |
| 2018 | 77.7 GDP | +0.7% |
| 2019 | 72.73 GDP | -6.4% |
| 2020 | 70.27 GDP | -3.4% |
| 2021 | 72.54 GDP | +3.2% |
| 2022 | 62.73 GDP | -13.5% |
| 2023 | 62.12 GDP | -1.0% |
| 2024 | 59.36 GDP | -4.4% |
| 2025 | 57.39 GDP | -3.3% |
South Korea compared with similar countries
- South Korea's 57.39 GDP is below the median for high income countries, which is 68.77 GDP, 83% of the median. (74 countries reporting)
- South Korea's 57.39 GDP is below the median for East Asia & Pacific, which is 57.9 GDP, 99% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 78.97 GDP | 55.38 GDP | 93.4 GDP | 10 |
| 2000s | 69.89 GDP | 58.61 GDP | 82.89 GDP | 10 |
| 2010s | 76.52 GDP | 72.68 GDP | 82.81 GDP | 10 |
| 2020s | 64.07 GDP | 57.39 GDP | 72.54 GDP | 6 |
Countries ranked near South Korea
More economy & growth data for South 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 price level index in South Korea?
- Price level index in South Korea was 57.39 GDP in 2025, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in South Korea?
- The highest recorded value was 93.4 GDP in 1995.
- What is the lowest price level index recorded in South Korea?
- The lowest recorded value was 55.38 GDP in 1998.
- How does South Korea rank for price level index?
- South Korea ranks 70th out of 204 countries with data for 2025.
- Is price level index rising or falling in South Korea?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.