Korea, Rep. | Inflation, consumer prices (annual %)
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
| year | value |
|---|---|
| 1960 | 7.96556575 |
| 1961 | 8.19565288 |
| 1962 | 6.61831097 |
| 1963 | 20.69164732 |
| 1964 | 29.46283145 |
| 1965 | 13.54819471 |
| 1966 | 11.26138488 |
| 1967 | 10.88244006 |
| 1968 | 10.7718214 |
| 1969 | 12.38956471 |
| 1970 | 15.95034236 |
| 1971 | 13.51170233 |
| 1972 | 11.68898668 |
| 1973 | 3.22102905 |
| 1974 | 24.30419954 |
| 1975 | 25.24925641 |
| 1976 | 15.32732052 |
| 1977 | 10.09666533 |
| 1978 | 14.46028502 |
| 1979 | 18.32349634 |
| 1980 | 28.69760864 |
| 1981 | 21.35164025 |
| 1982 | 7.19084664 |
| 1983 | 3.42061419 |
| 1984 | 2.2739564 |
| 1985 | 2.45910879 |
| 1986 | 2.74998096 |
| 1987 | 3.04966077 |
| 1988 | 7.14609774 |
| 1989 | 5.70016545 |
| 1990 | 8.57327226 |
| 1991 | 9.33279048 |
| 1992 | 6.21328146 |
| 1993 | 4.8009966 |
| 1994 | 6.2658595 |
| 1995 | 4.48074109 |
| 1996 | 4.92454354 |
| 1997 | 4.43893185 |
| 1998 | 7.51358008 |
| 1999 | 0.81295725 |
| 2000 | 2.2591658 |
| 2001 | 4.06657588 |
| 2002 | 2.7622621 |
| 2003 | 3.51487451 |
| 2004 | 3.59066299 |
| 2005 | 2.75379163 |
| 2006 | 2.24234029 |
| 2007 | 2.53457382 |
| 2008 | 4.67389656 |
| 2009 | 2.75649654 |
| 2010 | 2.93928653 |
| 2011 | 4.025965 |
| 2012 | 2.18707104 |
| 2013 | 1.30134755 |
| 2014 | 1.27477446 |
| 2015 | 0.70633177 |
| 2016 | 0.97168574 |
| 2017 | 1.94433231 |
| 2018 | 1.47583935 |
| 2019 | 0.3830003 |
| 2020 | 0.53728802 |
| 2021 | 2.49833333 |
| 2022 | 5.08788761 |
Korea, Rep. | Inflation, consumer prices (annual %)
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.