(measure: percent; Source: International Monetary Fund)
* indicates monthly or quarterly data series
South Korea: Inflation forecast
For that indicator, we provide data for South Korea from 1980 to 2024. The average value for South Korea during that period was 4.15 percent with a minimum of 0.4 percent in 2020 and a maximum of 32.2 percent in 1980.
The latest value from 2024 is 1.5 percent. For comparison, the world average in 2024 based on 183
countries is 3.50 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.