CPI Price, % y-o-y, nominal, seas. adj. in South Korea
South Korea: CPI Price, % y-o-y, nominal, seas. adj. was 2.1% in 2026. ◆ Volatile
CPI Price, % y-o-y, nominal, seas. adj. in South Korea, 1987–2026
Source: World Bank staff calculations based on Datastream data.
Analysis
South Korea recorded 2.1% for cpi price, % y-o-y, nominal, seas. adj. in 2026.
Compared with earlier readings it is up 0.9% on the previous year and up 120.8% over ten years.
Over the whole period, cpi price, % y-o-y, nominal, seas. adj. in South Korea peaked at 9.3% in 1991 and was at its lowest, 0.4%, in 2019.
That places South Korea 95th out of 156 countries with data for 2026, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
CPI Price, % y-o-y, nominal, seas. adj. in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 3.1% | — |
| 1988 | 7.2% | +134.0% |
| 1989 | 5.7% | -20.3% |
| 1990 | 8.6% | +50.4% |
| 1991 | 9.3% | +8.8% |
| 1992 | 6.2% | -33.5% |
| 1993 | 4.8% | -22.6% |
| 1994 | 6.3% | +30.5% |
| 1995 | 4.5% | -28.5% |
| 1996 | 4.9% | +9.9% |
| 1997 | 4.4% | -9.9% |
| 1998 | 7.5% | +69.4% |
| 1999 | 0.8% | -89.2% |
| 2000 | 2.3% | +179.0% |
| 2001 | 4.1% | +79.9% |
| 2002 | 2.8% | -32.0% |
| 2003 | 3.5% | +27.0% |
| 2004 | 3.6% | +2.1% |
| 2005 | 2.8% | -23.3% |
| 2006 | 2.2% | -18.5% |
| 2007 | 2.5% | +13.2% |
| 2008 | 4.7% | +84.1% |
| 2009 | 2.8% | -41.0% |
| 2010 | 2.9% | +6.5% |
| 2011 | 4.0% | +37.0% |
| 2012 | 2.2% | -45.8% |
| 2013 | 1.3% | -40.4% |
| 2014 | 1.3% | -2.1% |
| 2015 | 0.7% | -44.5% |
| 2016 | 1.0% | +37.4% |
| 2017 | 1.9% | +100.5% |
| 2018 | 1.5% | -24.1% |
| 2019 | 0.4% | -73.9% |
| 2020 | 0.5% | +39.8% |
| 2021 | 2.5% | +364.8% |
| 2022 | 5.1% | +103.5% |
| 2023 | 3.6% | -29.3% |
| 2024 | 2.3% | -35.5% |
| 2025 | 2.1% | -8.5% |
| 2026 | 2.1% | +0.9% |
South Korea compared with similar countries
- South Korea's 2.1% is above the median for high income countries, which is 2.1%, 1.0× the median. (56 countries reporting)
- South Korea's 2.1% is above the median for East Asia & Pacific, which is 1.5%, 1.4× the median. (18 countries reporting)
Biggest year-on-year movements
Years where CPI Price, % y-o-y, nominal, seas. adj. in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +364.8% | 0.5% | 2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.3% | 3.1% | 7.2% | 3 |
| 1990s | 5.7% | 0.8% | 9.3% | 10 |
| 2000s | 3.1% | 2.2% | 4.7% | 10 |
| 2010s | 1.7% | 0.4% | 4.0% | 10 |
| 2020s | 2.6% | 0.5% | 5.1% | 7 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is cpi price, % y-o-y, nominal, seas. adj. in South Korea?
- Cpi price, % y-o-y, nominal, seas. adj. in South Korea was 2.1% in 2026, according to World Bank staff calculations based on Datastream data.
- What is the highest cpi price, % y-o-y, nominal, seas. adj. recorded in South Korea?
- The highest recorded value was 9.3% in 1991.
- What is the lowest cpi price, % y-o-y, nominal, seas. adj. recorded in South Korea?
- The lowest recorded value was 0.4% in 2019.
- How does South Korea rank for cpi price, % y-o-y, nominal, seas. adj.?
- South Korea ranks 95th out of 156 countries with data for 2026.
- Is cpi price, % y-o-y, nominal, seas. adj. rising or falling in South Korea?
- Over the last ten years it is up 120.8%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from World Bank staff calculations based on Datastream data, published as part of CPI Price, % y-o-y, nominal, seas. adj.. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The consumer price index reflects the change in prices for the average consumer of a constant basket of consumer goods. Data is in nominal percentage terms, measured on a year-on-year basis, and seasonally adjusted.