South Korea inflation rate by year, 2000 to 2025
South Korea: 2.12% in 2025. Inflation rate peaked at 5.09% in 2022 in this 2000–2025 series.
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What the data shows
- South Korea: 2.26% in 2000, 2.12% in 2025. It peaked at 5.09% in 2022.
- Albania: 0.05% in 2000, 2.15% in 2025 (43× higher). It peaked at 7.77% in 2002.
- Nicaragua: 7.07% in 2000, 2.08% in 2025 (71% lower). It peaked at 19.83% in 2008.
- Germany: 1.44% in 2000, 2.17% in 2025 (1.5× higher). It peaked at 6.87% in 2022.
About this chart
South Korea's annual consumer-price inflation reached 5.09% in 2022, the high for the displayed period. The latest reading was 2.12% in 2025; the series began at 2.26% in 2000. The displayed annual series runs from 2000 through 2025; its lowest value was 0.38% in 2019. The preceding annual observation, for 2024, was 2.32%.
Consumer-price inflation measures the annual percentage change in the cost of a consumer basket. A lower positive rate means prices rise more slowly, not that the price level falls; negative values indicate declining prices. In 2025, the comparison lines show Albania (2.15%), Nicaragua (2.08%) and Germany (2.17%). These peers have the closest latest values among reporting countries with over one million people and a continuous common history; they are not selected by geography.
The data
Source: World Bank, World Development Indicators (FP.CPI.TOTL.ZG), % annual consumer-price change. Retrieved November 5, 2026. Consumer-price inflation measures the annual percentage change in the cost of a consumer basket. A lower positive rate means prices rise more slowly, not that the price level falls; negative values indicate declining prices. Peers are selected by proximity to the country's latest value among countries with over one million people and a continuous common series.
| Date | 🇰🇷 South Korea | 🇦🇱 Albania | 🇳🇮 Nicaragua | 🇩🇪 Germany |
|---|---|---|---|---|
| 2000 | 2.26% | 0.05% | 7.07% | 1.44% |
| 2001 | 4.07% | 3.11% | 5.99% | 1.98% |
| 2002 | 2.76% | 7.77% | 3.75% | 1.42% |
| 2003 | 3.51% | 0.48% | 5.30% | 1.03% |
| 2004 | 3.59% | 2.28% | 8.47% | 1.67% |
| 2005 | 2.75% | 2.37% | 9.60% | 1.55% |
| 2006 | 2.24% | 2.37% | 9.14% | 1.58% |
| 2007 | 2.53% | 2.93% | 11.13% | 2.30% |
| 2008 | 4.67% | 3.32% | 19.83% | 2.63% |
| 2009 | 2.76% | 2.27% | 3.69% | 0.31% |
| 2010 | 2.94% | 3.63% | 5.46% | 1.10% |
| 2011 | 4.03% | 3.43% | 8.08% | 2.08% |
| 2012 | 2.19% | 2.03% | 7.19% | 2.01% |
| 2013 | 1.30% | 1.94% | 7.14% | 1.50% |
| 2014 | 1.27% | 1.63% | 6.04% | 0.91% |
| 2015 | 0.71% | 1.90% | 4.00% | 0.51% |
| 2016 | 0.97% | 1.28% | 3.52% | 0.49% |
| 2017 | 1.94% | 1.99% | 3.85% | 1.51% |
| 2018 | 1.48% | 2.03% | 4.95% | 1.73% |
| 2019 | 0.38% | 1.41% | 5.38% | 1.45% |
| 2020 | 0.54% | 1.62% | 3.68% | 0.14% |
| 2021 | 2.50% | 2.04% | 4.93% | 3.07% |
| 2022 | 5.09% | 6.73% | 10.47% | 6.87% |
| 2023 | 3.60% | 4.76% | 8.39% | 5.95% |
| 2024 | 2.32% | 2.22% | 4.62% | 2.26% |
| 2025 | 2.12% | 2.15% | 2.08% | 2.17% |
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Frequently asked questions
What is the inflation rate in South Korea?
South Korea's annual consumer-price inflation was 2.12% in 2025. This annual World Bank series should not be read as the latest monthly inflation release.
When was South Korea's inflation rate highest in this series?
The highest displayed value was 5.09% in 2022. This comparison covers 2000 through 2025; it is not a claim about years outside the available series.
Why are these countries compared with South Korea?
The comparison selects three countries with the closest 2025 values, among countries with over one million people and at least fifteen consecutive annual observations in common. The matching is based on the indicator level, not economic structure or geographic proximity.
Where does this data come from?
World Bank, World Development Indicators (FP.CPI.TOTL.ZG), % annual consumer-price change. Retrieved November 5, 2026. Consumer-price inflation measures the annual percentage change in the cost of a consumer basket. A lower positive rate means prices rise more slowly, not that the price level falls; negative values indicate declining prices. Peers are selected by proximity to the country's latest value among countries with over one million people and a continuous common series. You can download the full table as a CSV from this page.
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