End-of-period inflation — all countries

End-of-period inflation — South Korea

End-of-period inflation in South Korea in 2031 — 2%. Ranked 15 in the world out of 188. Since 1980, the indicator has fallen by 30.2 pp.

2031 2% +0 pp vs 2030
World rank 15of 188
Period maximum 32.2%1980
Period minimum 0.6%2020

Trend over time

1980–2031 · % per year

End-of-period inflation — South Korea, 1980–203101020304019801986199219982004201020162022202820311980: 32.2%1981: 13.7%1982: 4.8%1983: 2%1984: 2.4%1985: 3%1986: 1.4%1987: 6%1988: 7.2%1989: 5.1%1990: 9.3%1991: 9.3%1992: 4.5%1993: 5.8%1994: 5.6%1995: 4.8%1996: 4.9%1997: 6.6%1998: 4%1999: 1.4%2000: 2.8%2001: 3.2%2002: 3.7%2003: 3.4%2004: 3%2005: 2.6%2006: 2.1%2007: 3.6%2008: 4.1%2009: 2.8%2010: 3%2011: 4.2%2012: 1.4%2013: 1.1%2014: 0.8%2015: 1.1%2016: 1.3%2017: 1.4%2018: 1.3%2019: 0.7%2020: 0.6%2021: 3.7%2022: 5%2023: 3.2%2024: 1.9%2025: 2.3%2026: 2.6%2027: 1.8%2028: 2%2029: 2%2030: 2%2031: 2%
Change over the period: −30.2 pp Annual average: -0.59 pp
End-of-period inflation — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2031 2 +0 pp
2030 2 +0 pp
2029 2 +0 pp
2028 2 +0.2 pp
2027 1.8 −0.8 pp
2026 2.6 +0.3 pp
2025 2.3 +0.4 pp
2024 1.9 −1.3 pp
2023 3.2 −1.8 pp
2022 5 +1.3 pp
2021 3.7 +3.1 pp
2020 0.6 −0.1 pp
2019 0.7 −0.6 pp
2018 1.3 −0.1 pp
2017 1.4 +0.1 pp
2016 1.3 +0.2 pp
2015 1.1 +0.3 pp
2014 0.8 −0.3 pp
2013 1.1 −0.3 pp
2012 1.4 −2.8 pp
2011 4.2 +1.2 pp
2010 3 +0.2 pp
2009 2.8 −1.3 pp
2008 4.1 +0.5 pp
2007 3.6 +1.5 pp
2006 2.1 −0.5 pp
2005 2.6 −0.4 pp
2004 3 −0.4 pp
2003 3.4 −0.3 pp
2002 3.7 +0.5 pp
2001 3.2 +0.4 pp
2000 2.8 +1.4 pp
1999 1.4 −2.6 pp
1998 4 −2.6 pp
1997 6.6 +1.7 pp
1996 4.9 +0.1 pp
1995 4.8 −0.8 pp
1994 5.6 −0.2 pp
1993 5.8 +1.3 pp
1992 4.5 −4.8 pp
1991 9.3 +0 pp
1990 9.3 +4.2 pp
1989 5.1 −2.1 pp
1988 7.2 +1.2 pp
1987 6 +4.6 pp
1986 1.4 −1.6 pp
1985 3 +0.6 pp
1984 2.4 +0.4 pp
1983 2 −2.8 pp
1982 4.8 −8.9 pp
1981 13.7 −18.5 pp
1980 32.2

Eastern Asia, 2031

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

About the indicator

The rise in consumer prices over a year measured from December to December. It differs from average annual inflation in the way it is computed: the average compares the mean price levels of two years and therefore lags, while December on December catches the current state. When inflation accelerates this indicator runs above the average one, when it slows it runs below, and at the height of a price surge the divergence reaches tens of percentage points.

Important: This is the quantity usually meant by inflation over the year. The IMF series runs with a forecast several years ahead.

Source: World Economic Outlook (IMF), license IMF open data.