GDP deflator — all countries

GDP deflator — South Korea

GDP deflator in South Korea in 2025 — 3.13%. Ranked 87 in the world out of 186. Since 1961, the indicator has fallen by 9.83 pp.

2025 3.13% −0.94 pp vs 2024
World rank 87of 186
Period maximum 30.75%1974
Period minimum -1.35%1999

Trend over time

1961–2025 · % per year

GDP deflator — South Korea, 1961–2025-1001020304019611968197519821989199620032010201720241961: 12.96%1963: 30.05%1965: 4.88%1967: 12.99%1969: 14.14%1971: 11.26%1973: 12.86%1975: 23.51%1977: 14.46%1979: 18.53%1981: 16.53%1983: 4.87%1985: 4.03%1987: 4.9%1989: 5.98%1991: 9.06%1993: 6.26%1995: 7.03%1997: 3.86%1999: -1.35%2001: 3.54%2003: 3.56%2005: 1.14%2007: 2.51%2009: 3.5%2011: 1.28%2013: 1.08%2015: 3.23%2017: 2.02%2019: -0.62%2021: 3.18%2023: 2.04%2025: 3.13%
Change over the period: −9.83 pp Annual average: -0.15 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 3.13%
World 3.33%
Eastern Asia computed 0.14%
High-income countries computed 2.67%
GDP deflator — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2025 3.13 −0.94 pp
2024 4.07 +2.03 pp
2023 2.04 +0.23 pp
2022 1.81 −1.37 pp
2021 3.18 +1.59 pp
2020 1.59 +2.21 pp
2019 -0.62 −1.19 pp
2018 0.57 −1.45 pp
2017 2.02 −0.04 pp
2016 2.06 −1.17 pp
2015 3.23 +2.18 pp
2014 1.05 −0.03 pp
2013 1.08 −0.22 pp
2012 1.29 +0.02 pp
2011 1.28 −1.44 pp
2010 2.72 −0.78 pp
2009 3.5 +0.56 pp
2008 2.94 +0.43 pp
2007 2.51 +2.67 pp
2006 -0.16 −1.3 pp
2005 1.14 −2.12 pp
2004 3.26 −0.3 pp
2003 3.56 +0.56 pp
2002 3.01 −0.53 pp
2001 3.54 +2.61 pp
2000 0.93 +2.29 pp
1999 -1.35 −5.85 pp
1998 4.5 +0.64 pp
1997 3.86 −0.12 pp
1996 3.98 −3.05 pp
1995 7.03 −1.06 pp
1994 8.09 +1.84 pp
1993 6.26 −1.49 pp
1992 7.75 −1.32 pp
1991 9.06 −0.99 pp
1990 10.06 +4.07 pp
1989 5.98 −1.05 pp
1988 7.03 +2.13 pp
1987 4.9 −0.15 pp
1986 5.05 +1.02 pp
1985 4.03 −0.49 pp
1984 4.52 −0.34 pp
1983 4.87 −1.61 pp
1982 6.47 −10.05 pp
1981 16.53 −8.04 pp
1980 24.57 +6.04 pp
1979 18.53 −3.22 pp
1978 21.75 +7.29 pp
1977 14.46 −6.73 pp
1976 21.19 −2.32 pp
1975 23.51 −7.23 pp
1974 30.75 +17.88 pp
1973 12.86 −2.96 pp
1972 15.82 +4.57 pp
1971 11.26 −3.51 pp
1970 14.77 +0.63 pp
1969 14.14 +0.35 pp
1968 13.79 +0.8 pp
1967 12.99 −1.56 pp
1966 14.55 +9.68 pp
1965 4.88 −25.53 pp
1964 30.41 +0.36 pp
1963 30.05 +13.3 pp
1962 16.75 +3.79 pp
1961 12.96

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The annual change in the GDP deflator — the ratio of GDP in current prices to GDP in constant prices. Unlike the consumer price index it covers the prices of all final goods and services, including investment and export goods, but not imported ones. For commodity exporters the GDP deflator can diverge sharply from consumer inflation, following world prices.

Source: World Development Indicators (World Bank), license CC BY 4.0.