South Korea Inflation Rate

Last updated: 2026-01-09

Annual inflation

2.31%

YoY ending in Dec 2025

Monthly inflation

0.32%

December 2025

The graph above shows the annual inflation rates in South Korea covering the previous 10 calendar years, starting in 2016. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the South Korea Inflation Calculator.

The current inflation rate in South Korea is 2.31%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in December 2025.

In December 2025, the monthly inflation rate was 0.32.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 YoY 2.24 2.02 2.05 2.08 1.90 2.17 2.09 1.67 2.10 2.38 2.45 2.31
MoM 0.70 0.32 0.18 0.08 -0.09 0.03 0.18 -0.06 0.52 0.31 -0.19 0.32
2024 YoY 2.82 3.13 3.10 2.92 2.67 2.41 2.55 2.01 1.60 1.25 1.53 1.93
MoM 0.39 0.54 0.15 0.05 0.08 -0.23 0.25 0.36 0.10 0.03 -0.25 0.45

Historical Annual Inflation Rates since 1965

The table below contains annual inflation rates in South Korea since 1965. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display rolling averages of annual inflation. For example, the 5-year average on the first row indicates that between 2020 and 2025, the average inflation rate was 3.12%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation (%) 5-year Avg. (%) 10-year Avg. (%)
1965 9.60 - -
1966 15.26 - -
1967 11.52 - -
1968 11.03 - -
1969 16.29 - -
1970 14.42 12.23 -
1971 9.08 12.69 -
1972 9.19 12.85 -
1973 8.49 11.27 -
1974 26.45 13.53 -
1975 26.45 15.30 13.76
1976 9.60 15.66 14.16
1977 10.96 15.33 14.08
1978 16.40 17.74 14.46
1979 21.20 16.58 15.05
1980 32.20 17.22 16.25
1981 13.69 18.42 17.03
1982 4.84 17.79 16.55
1983 1.96 15.42 16.58
1984 2.45 12.11 14.32
1985 3.01 7.11 12.05
1986 1.39 3.60 10.76
1987 6.05 2.79 10.03
1988 7.18 3.52 9.31
1989 5.07 4.20 8.08
1990 9.34 5.42 6.26
1991 9.25 6.74 5.16
1992 4.46 7.38 5.06
1993 5.80 6.91 5.20
1994 5.57 7.02 5.60
1995 4.75 6.20 5.81
1996 4.93 5.33 6.03
1997 6.57 4.98 6.18
1998 3.97 5.52 6.21
1999 1.35 4.41 5.71
2000 2.78 3.96 5.08
2001 3.16 3.79 4.56
2002 3.73 3.46 4.22
2003 3.42 2.68 4.09
2004 3.04 3.24 3.82
2005 2.62 3.34 3.65
2006 2.09 2.97 3.38
2007 3.61 2.93 3.19
2008 4.14 3.16 2.92
2009 2.80 2.99 3.11
2010 3.03 3.03 3.18
2011 4.16 3.38 3.18
2012 1.43 3.31 3.12
2013 1.14 2.64 2.90
2014 0.83 2.34 2.66
2015 1.13 1.89 2.46
2016 1.34 1.29 2.33
2017 1.41 1.24 2.27
2018 1.32 1.27 1.95
2019 0.74 1.09 1.72
2020 0.61 1.06 1.48
2021 3.70 1.36 1.33
2022 5.02 1.98 1.61
2023 3.18 2.41 1.84
2024 1.93 2.80 1.94
2025 2.31 3.12 2.09

More historical data →