South Korea: Inflation, annual

* indicates monthly or quarterly data series
 South Korea

Inflation, annual percent change in the CPI

 Latest value 2.66
 Reference May 2024
 Measure percent
 Data availability January 1966 - May 2024
 Average 6.86
 Min - Max -0.43 - 32.51
 Source Korean Statistical Information Service
For that indicator, we provide data for South Korea from January 1966 to May 2024. The average value for South Korea during that period was 6.86 percent with a minimum of -0.43 percent in September 2019 and a maximum of 32.51 percent in October 1980. Click on the following link to see the values of Inflation, annual percent change in the CPI around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Inflation, annual - recent values

Historical chart
South Korea - Inflation, annual - historical chart - 1966-2024
Measure: percent
Source: Korean Statistical Information Service


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Definition: Percent change in the CPI from the same month last year.

 Related indicators Latest value Reference Measure
 Inflation 5.1 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 1,333.3333 9/2023 Local Currency Units per USD
 Money supply (broad money) 3,839,468.60 9/2023 billion
 Consumer Price Index (CPI) 112.8300 9/2023 index points
 Inflation, monthly 0.49 9/2023 percent
 Inflation, annual 3.68 9/2023 percent
 Private sector credit 3,227,684.80 9/2023 billion
 Business credit 1,930,596.40 9/2023 billion
 Household credit 1,297,088.40 9/2023 billion
 Mortgage credit 659,363.10 9/2023 billion
 Consumer credit 637,725.30 9/2023 billion
 Deposit interest rate 3.95 9/2023 percent
 Business credit interest rate 5.27 9/2023 percent
 Mortgage credit interest rate 4.35 9/2023 percent
 Policy rate 3.50 9/2023 percent
 Household debt to GDP 101.50 9/2023 percent
 Debt service ratios for private non-financial sector 23.80 Q3/2023 percent
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