South Korea

Inflation in South Korea

Inflation in South Korea: 28.7% a year in 1980 and 2.1% a year in 2025, by IMF estimates.

Latest, 2025
2.1% a year
Since 1980
−26.6 percentage points
Rank, 2025
113 of 179
counting from the highest
Projected, 2031
2% a year
IMF projection (World Economic Outlook, October 2026)
Watch it change on the map

% a year · IMF

Inflation in South KoreaInflation in South Korea: 28.7% a year in 1980 and 2.1% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
  • The highest was 28.7% a year in 1980, the lowest 0.4% a year in 2019.

Every year

% a year · IMF

YearSouth Korea
20252.1
20242.3
20233.6
20225.1
20212.5
20200.5
20190.4
20181.5
20171.9
20161
20150.7
20141.3
20131.3
20122.2
20114
20102.9
20092.8
20084.7
20072.5
20062.2
20052.8
20043.6
20033.5
20022.8
20014.1
20002.3
19990.8
19987.5
19974.4
19964.9
19954.5
19946.3
19934.8
19926.2
19919.3
19908.6
19895.7
19887.1
19873
19862.8
19852.5
19842.3
19833.4
19827.2
198121.4
198028.7
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSouth Korea
20262.7
20272.3
20282
20292
20302
20312

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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