South Korea: Inflation forecast

For that indicator, we provide data for South Korea from 1980 to 2028. The average value for South Korea during that period was 4.16 percent with a minimum of 0.61 percent in 2020 and a maximum of 32.2 percent in 1980. The latest value from 2028 is 2 percent. For comparison, the world average in 2028 based on 184 countries is 3.72 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Year-on-year percentage changes in end-of-period consumer prices. The series includes actual historical values for past years and forecast values for the current and the next few years.