Average inflation measured by CPI rose 52.0% to 2.00% in South Korea in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in South Korea reached an all time high of 2.00% in 2020 and an all time low of 0.004% in 2019.
South Korea has been ranked 140th within the group of 171 countries we follow in terms of average inflation measured by CPI, 36 places below the position seen 10 years ago.
| Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Cambodia | % | 0.029% | 0.025% | 3.28% | 3.23% | 3.08% | ||||||||||||||||
| China | % | 0.016% | 0.021% | 0.029% | 2.65% | 2.80% | ||||||||||||||||
| Dem. People's Republic of Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| India | % | 0.025% | 0.049% | 0.077% | 4.57% | 4.26% | ||||||||||||||||
| Japan | % | 0.005% | 0.010% | 0.005% | 1.66% | 1.05% | ||||||||||||||||
| Laos | % | 0.008% | 0.020% | 0.033% | 3.30% | 3.10% | ||||||||||||||||
| Russia | % | 0.037% | 0.029% | 0.045% | 4.80% | 4.80% | ||||||||||||||||
| South Korea | % | 0.019% | 0.015% | 0.004% | 2.00% | 2.00% | ||||||||||||||||
| Thailand | % | 0.007% | 0.011% | 0.007% | 1.10% | 1.40% | ||||||||||||||||
| USA | % | 0.021% | 0.024% | 0.018% | 2.30% | 2.19% | ||||||||||||||||
| Vietnam | % | 0.035% | 0.035% | 0.028% | 4.00% | 4.00% |
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