CPI: National consumer price index, percentage change in South Korea

South Korea: CPI: National consumer price index, percentage change was 2.12 in 2025. ◆ Volatile

Latest (2025)
2.12
Change on year
down 8.6%
World rank
126th
of 193 countries
All-time high
68.31
in 1955
All-time low
-3.48
in 1958
Years of data
73
1953–2025

CPI: National consumer price index, percentage change from previous in South Korea, 1953–2025

0204060195319892025

Source: International Labour Organization.

Analysis

In 2025, cpi: national consumer price index, percentage change from previous in South Korea stood at 2.12.

That represents a change of down 8.6% on the previous year and up 198.6% over ten years.

Over the whole period, cpi: national consumer price index, percentage change from previous in South Korea peaked at 68.31 in 1955 and was at its lowest, -3.48, in 1958.

That places South Korea 126th out of 193 countries with data for 2025, 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: National consumer price index, percentage change in South Korea, year by year

Annual values for CPI: National consumer price index, percentage change from previous year (General - Individual consumption expenditure of households) in South Korea, 1953 to 2025.
Year Value Change
1953 52.51 —
1954 37.13 -29.3%
1955 68.31 +84.0%
1956 22.99 -66.3%
1957 23.11 +0.5%
1958 -3.48 -115.1%
1959 3.18 -191.4%
1960 7.97 +150.6%
1961 8.2 +2.9%
1962 6.62 -19.3%
1963 20.69 +212.5%
1964 29.46 +42.4%
1965 13.55 -54.0%
1966 11.26 -16.9%
1967 10.88 -3.4%
1968 10.77 -1.0%
1969 12.39 +15.0%
1970 15.95 +28.7%
1971 13.51 -15.3%
1972 11.69 -13.5%
1973 3.22 -72.5%
1974 24.3 +654.7%
1975 25.25 +3.9%
1976 15.33 -39.3%
1977 10.1 -34.1%
1978 14.46 +43.2%
1979 18.32 +26.7%
1980 28.7 +56.7%
1981 21.35 -25.6%
1982 7.19 -66.3%
1983 3.42 -52.4%
1984 2.27 -33.6%
1985 2.46 +8.4%
1986 2.75 +11.8%
1987 3.05 +10.9%
1988 7.15 +134.4%
1989 5.7 -20.3%
1990 8.57 +50.4%
1991 9.33 +8.9%
1992 6.21 -33.4%
1993 4.8 -22.7%
1994 6.27 +30.6%
1995 4.48 -28.5%
1996 4.92 +9.8%
1997 4.44 -9.8%
1998 7.51 +69.1%
1999 0.81 -89.2%
2000 2.26 +179.0%
2001 4.07 +80.1%
2002 2.76 -32.2%
2003 3.51 +27.2%
2004 3.59 +2.3%
2005 2.75 -23.4%
2006 2.24 -18.5%
2007 2.53 +12.9%
2008 4.67 +84.6%
2009 2.76 -40.9%
2010 2.94 +6.5%
2011 4.03 +37.1%
2012 2.19 -45.7%
2013 1.3 -40.6%
2014 1.27 -2.3%
2015 0.71 -44.1%
2016 0.97 +36.6%
2017 1.94 +100.0%
2018 1.48 -23.7%
2019 0.38 -74.3%
2020 0.54 +42.1%
2021 2.5 +363.0%
2022 5.09 +103.6%
2023 3.6 -29.3%
2024 2.32 -35.6%
2025 2.12 -8.6%

South Korea compared with similar countries

  • South Korea's 2.12 is below the median for high income countries, which is 2.32, 91% of the median. (66 countries reporting)
  • South Korea's 2.12 is above the median for East Asia & Pacific, which is 2.12, 1.0× the median. (29 countries reporting)

Biggest year-on-year movements

Years where CPI: National consumer price index, percentage change 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.

YearChange FromTo
1974 +654.7% 3.22 24.3
2021 +363.0% 0.54 2.5

Averages by decade

DecadeAverage LowestHighest Years
1950s 29.11 -3.48 68.31 7
1960s 13.18 6.62 29.46 10
1970s 15.21 3.22 25.25 10
1980s 8.4 2.27 28.7 10
1990s 5.73 0.81 9.33 10
2000s 3.11 2.24 4.67 10
2010s 1.72 0.38 4.03 10
2020s 2.7 0.54 5.09 6

Countries ranked near South Korea

  1. 124 Germany 2.17 compare
  2. 125 Albania 2.15 compare
  3. 127 Nicaragua 2.08 compare
  4. 127 Saudi Arabia 2.08 compare
  5. 129 Canada 2.07 compare

See the full ranking of 193 places →

More work & labour data for South Korea

All data for South Korea →

Frequently asked questions

What is cpi: national consumer price index, percentage change from previous in South Korea?
Cpi: national consumer price index, percentage change from previous in South Korea was 2.12 in 2025, according to International Labour Organization.
What is the highest cpi: national consumer price index, percentage change from previous recorded in South Korea?
The highest recorded value was 68.31 in 1955.
What is the lowest cpi: national consumer price index, percentage change from previous recorded in South Korea?
The lowest recorded value was -3.48 in 1958.
How does South Korea rank for cpi: national consumer price index, percentage change from previous?
South Korea ranks 126th out of 193 countries with data for 2025.
Is cpi: national consumer price index, percentage change from previous rising or falling in South Korea?
Over the last ten years it is up 198.6%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from International Labour Organization, published as part of CPI: National consumer price index, percentage change from previous year (General - Individual consumption expenditure of households). Statizoid updates them automatically from the source API.

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CPI: National consumer price index, percentage change from previous in South Korea. Statizoid, drawing on International Labour Organization. Retrieved 24 October 2026, from https://labour.statizoid.com/stat/cpi-national-consumer-price-index-percentage-change-from-previous-year-general-individual/korea-rep/

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About this data

Indicator
CPI: National consumer price index, percentage change from previous year (General - Individual consumption expenditure of households)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
193 places, 5,522 data points, 1915–2025
Last refreshed

This indicator shows the percentage change of the CPI between a period and the same period of the previous year. Data are disaggregated by the Classification of Individual Consumption According to Purpose (COICOP). For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.