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Yearly Inflation Calculator

Korea, Rep. · CPI 1960–2025 · KRW

South Korea inflation calculator by year

₩100 in 1990 has the same buying power as ₩303.03 in 2025. Change the amount and the years below to calculate any period from 1960 onwards.

Quick ranges

₩100 in 1990 has the same buying power as

₩303.03

in 2025 — an increase of ₩203.03 over 35 years

Cumulative inflation

+203.0%

Total price rise over the period

Average per year

+3.22%

Compounded annual rate

Purchasing power

33.0%

₩100 now buys what ₩33.00 bought in 1990

Value over time

Hover the chart for any year
0.00100200300400 ₩303.03 199019972004201120182025
Show year-by-year data
Year-by-year inflation rate and value for Korea, Rep.
YearInflationValue
1990₩100
1991+9.33%₩109.33
1992+6.21%₩116.13
1993+4.80%₩121.70
1994+6.27%₩129.33
1995+4.48%₩135.12
1996+4.92%₩141.78
1997+4.44%₩148.07
1998+7.51%₩159.19
1999+0.81%₩160.49
2000+2.26%₩164.11
2001+4.07%₩170.79
2002+2.76%₩175.51
2003+3.51%₩181.67
2004+3.59%₩188.20
2005+2.75%₩193.38
2006+2.24%₩197.72
2007+2.53%₩202.73
2008+4.67%₩212.20
2009+2.76%₩218.05
2010+2.94%₩224.46
2011+4.03%₩233.50
2012+2.19%₩238.61
2013+1.30%₩241.71
2014+1.27%₩244.79
2015+0.71%₩246.52
2016+0.97%₩248.92
2017+1.94%₩253.76
2018+1.48%₩257.50
2019+0.38%₩258.49
2020+0.54%₩259.88
2021+2.50%₩266.37
2022+5.09%₩279.93
2023+3.60%₩290.00
2024+2.32%₩296.73
2025+2.12%₩303.03

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Korea, Rep. at a glance

Inflation in 2025

+2.12%

Average 1960–2025

7.19%

Highest year

+29.5%

in 1964

Lowest year

+0.4%

in 2019

Recent annual inflation

2025+2.12%
2024+2.32%
2023+3.60%
2022+5.09%
2021+2.50%
2020+0.54%

Over the whole record

Across the 65 years from 1960 to 2025, prices in Korea, Rep. rose +9040.6% in total.

₩100 at the start of that period would need to be ₩9,141 in 2025 to buy the same goods — leaving the original amount with 1.1% of its buying power.

Inflation in Korea, Rep., explained

The Statistics Korea (KOSTAT) publishes a Consumer Price Index that tracks the cost of a representative basket of goods and services in Korea, Rep.. This CPI inflation calculator holds that index from 1960 to 2025 and compares any two of those years directly, rather than applying one assumed rate across the gap.

Over the full record, inflation in Korea, Rep. has averaged 7.19% a year. The steepest single year was 1964 at +29.5%; the mildest was 2019 at +0.4%. Amounts are shown in KRW.

Worked example

₩100 in 1990 is worth ₩303.03 in 2025. That is +203.0% cumulative inflation over 35 years, or +3.22% a year compounded. Put the other way round, the original ₩100 now buys what ₩33.00 bought back then.

Inflation calculator: KRW amounts

Every figure on this page is calculated and formatted in KRW, using Korea, Rep.’s own grouping conventions. Enter any amount — a price, a salary, a savings balance — and the result stays in KRW throughout, including the year-by-year table and the chart.

Checking a salary or a return

The most common use is as a wage inflation calculator. Enter an old salary with the year it was earned and set the end year to 2025: the adjusted figure is what that salary would need to be today simply to keep pace. Anything above it is a real increase; anything below it is a pay cut in disguise. The same test applies to an investment return, a rent, or a contract rate — if growth did not clear the cumulative figure, it lost real value.

A note on accuracy

Figures come from the Consumer price index (2010 = 100) series, which compiles the CPI published by the Statistics Korea (KOSTAT). They are annual averages, so a result may differ by a fraction of a percent from a calculator that compares two specific months. See the methodology for detail.

Compare elsewhere

The same calculation, other countries

FAQ

Questions about Korea, Rep. inflation

What is the inflation calculator?

The Yearly Inflation Calculator is a free online tool that shows how inflation changed the value of money between any two years. You choose a country, enter an amount, pick a start year and an end year, and it returns the inflation-adjusted value along with cumulative inflation, the average annual rate and the change in purchasing power. It uses official Consumer Price Index data rather than a guessed rate, and covers 192 countries.

How do you calculate the inflation rate?

Inflation is calculated from a price index, usually the Consumer Price Index. Take the index value at the end of the period, subtract the index value at the start, divide by the index value at the start, and multiply by 100. If the index moved from 120 to 126, inflation was (126 − 120) ÷ 120 × 100 = 5%. The index itself comes from pricing a fixed basket of goods and services repeatedly over time.

How is annual inflation rate calculated?

For a single year, the annual inflation rate compares that year’s index with the previous year’s: rate % = (CPI_this_year ÷ CPI_last_year − 1) × 100. Across a longer period, the average annual rate is the geometric mean — the constant rate that compounds to the same total: annual % = ((CPI_end ÷ CPI_start) ^ (1 ÷ number of years) − 1) × 100. It is deliberately not the simple average of the yearly rates, which would overstate the result because inflation compounds.

Where does the inflation data come from?

All figures come from the World Bank’s Consumer Price Index series (indicator FP.CPI.TOTL), which compiles the official CPI published by each country’s national statistics agency — the Bureau of Labor Statistics in the United States, the Office for National Statistics in the United Kingdom, MoSPI in India, and so on. The data is annual. It is built into the site rather than fetched live, so results are fast and stable.

Why does my country start at a later year?

Countries began publishing a consistent Consumer Price Index at different times, and some series have gaps where no figure was published. The year menus only ever offer years that have a published figure for the country you have selected, so you cannot pick a year the data does not support.

Why do results differ slightly from my government inflation calculator?

National calculators often compare specific months, or use a variant index, while this tool compares annual averages. Statistics agencies also revise and re-base their series periodically. Differences of a fraction of a percent are normal and expected; the magnitude and direction of the result will always agree.

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