Efficiently determine how the purchasing power of South Korea has evolved over time, spanning from 1965 to the present day.
How to Calculate the South Korea Inflation Rate
Calculate the equivalent value of South Koreas currency for any year from 1965 to the present. The calculations utilize the average annual CPI data (refer to the table below) for South Korea from 1965 to the present. This inflation calculator employs the following formula to determine the inflation rate in South Korea.
Inflation Rate = ( CPI2 - CPI1 )CPI1 × 100
Where,
CPI - consumer price index.
CPI2 - The consumer price index in the second period.
CPI1 - The consumer price index in the previous period.
Consumer Price Index (CPI) Table
The below table provides all the Consumer Price Index from 1983
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Ave.
2023
110.07
110.33
110.52
110.77
111.13
111.16
111.29
112.28
112.83
113.26
112.67
112.71
111.59
2022
104.85
105.42
106.10
106.83
107.50
108.21
108.73
108.63
108.82
109.16
109.07
109.26
107.72
2021
101.04
101.58
101.84
101.98
102.05
102.05
102.26
102.75
103.17
103.35
103.87
104.04
102.50
2020
100.09
100.16
99.94
99.50
99.44
99.71
99.63
100.19
100.74
100.18
100.09
100.33
100.00
2019
98.88
99.31
99.12
99.48
99.65
99.49
99.19
99.43
99.79
100.04
99.48
99.72
99.47
2018
98.11
98.86
98.75
98.93
98.98
98.78
98.59
99.46
100.22
100.04
99.33
98.99
99.09
2017
97.37
97.63
97.57
97.44
97.55
97.34
97.50
98.06
98.17
98.08
97.35
97.70
97.65
2016
95.23
95.64
95.39
95.57
95.63
95.61
95.43
95.68
96.25
96.38
96.24
96.34
95.78
2015
94.64
94.59
94.60
94.63
94.89
94.91
95.08
95.21
94.97
94.97
94.79
95.07
94.86
2014
93.73
93.98
94.15
94.21
94.37
94.25
94.39
94.55
94.49
94.21
94.02
94.01
94.20
2013
92.73
93.04
92.95
92.82
92.82
92.71
92.91
93.24
93.42
93.13
93.12
93.23
93.01
2012
91.24
91.59
91.61
91.61
91.77
91.64
91.43
91.86
92.51
92.34
92.01
92.18
91.82
2011
88.29
88.89
89.24
89.33
89.50
89.67
90.10
90.71
90.62
90.45
90.53
90.88
89.85
2010
85.35
85.52
85.70
86.04
86.13
86.04
86.21
86.65
87.34
87.34
86.91
87.25
86.37
2009
82.45
83.05
83.64
83.86
83.86
83.79
84.09
84.38
84.46
84.24
84.38
84.68
83.91
2008
79.47
79.77
80.52
80.96
81.63
82.15
82.75
82.60
82.67
82.60
82.38
82.38
81.66
2007
76.50
77.02
77.46
77.76
77.84
77.84
78.13
78.21
78.66
78.80
78.80
79.10
78.01
2006
75.23
75.38
75.83
75.90
76.05
75.90
76.20
76.65
76.87
76.50
76.13
76.35
76.08
2005
73.59
73.89
74.34
74.41
74.34
74.11
74.41
74.64
75.01
74.86
74.56
74.79
74.41
2004
71.17
71.49
72.18
72.18
72.12
72.12
72.56
73.19
73.19
73.19
72.75
72.88
72.42
2003
68.84
69.21
70.03
69.91
69.78
69.59
69.53
69.85
70.48
70.54
70.41
70.73
69.91
2002
66.31
66.62
67.00
67.38
67.63
67.57
67.38
67.82
68.20
68.01
68.08
68.39
67.53
2001
64.60
64.92
65.49
65.74
65.68
65.87
65.99
66.25
66.18
66.18
65.80
65.93
65.72
2000
62.46
62.65
62.96
62.71
62.39
62.71
62.96
63.28
64.10
64.04
63.66
63.91
63.15
1999
61.30
61.56
61.66
61.82
61.71
61.35
61.14
61.77
61.92
62.39
62.28
62.18
61.76
1998
60.41
61.45
61.35
61.56
61.25
60.99
60.99
61.19
61.45
61.66
61.45
61.35
61.26
1997
55.79
56.10
56.31
56.57
56.62
56.72
56.83
57.24
57.50
57.50
57.55
59.01
56.98
1996
53.29
53.50
53.86
54.23
54.54
54.54
54.80
55.06
55.16
55.16
55.16
55.37
54.56
1995
50.85
51.06
51.57
51.89
51.99
51.84
51.99
52.30
52.77
52.51
52.41
52.77
51.99
1994
48.34
48.87
49.30
49.37
49.41
49.76
50.18
50.57
50.41
50.26
50.34
50.38
49.76
1993
45.45
45.76
46.33
46.60
46.76
46.99
46.95
47.10
47.33
47.53
47.45
47.72
46.83
1992
43.49
43.76
44.22
44.49
44.76
44.83
45.03
45.10
45.26
45.22
44.99
45.10
44.69
1991
40.37
40.91
41.41
41.60
41.72
41.98
42.25
42.60
42.83
42.91
43.10
43.18
42.07
1990
36.98
37.21
37.60
38.02
38.45
38.64
38.75
38.91
39.14
39.25
39.29
39.52
38.48
1989
34.46
34.58
34.82
34.96
35.41
35.47
35.44
35.70
36.03
36.12
36.18
36.15
35.44
1988
32.27
32.81
33.28
33.22
33.40
33.60
33.66
33.84
33.93
33.84
34.11
34.40
33.53
1987
30.38
30.44
30.68
30.86
31.33
31.30
31.21
31.65
31.86
31.89
31.83
32.10
31.29
1986
30.12
30.29
30.35
30.32
30.50
30.44
30.47
30.44
30.62
30.32
30.27
30.27
30.37
1985
29.05
29.26
29.29
29.32
29.53
29.56
29.56
29.61
29.94
30.03
29.67
29.85
29.56
1984
28.45
28.70
28.81
28.89
28.85
28.70
28.70
28.85
29.19
29.04
28.98
28.98
28.85
1983
27.95
28.14
28.24
28.16
28.24
28.22
28.22
28.24
28.28
28.26
28.20
28.28
28.20
1982
26.59
26.71
26.96
27.01
27.22
27.38
27.45
27.53
27.66
27.59
27.43
27.74
27.27
1981
23.65
23.84
24.30
24.51
25.06
25.75
26.00
26.27
26.61
26.54
26.31
26.46
25.44
1980
18.37
19.16
19.88
20.02
20.65
20.90
21.07
21.43
21.83
22.44
22.56
23.27
20.97
1979
14.65
15.16
15.44
15.81
16.31
16.46
16.53
16.59
16.82
16.93
17.19
17.60
16.29
1978
12.84
13.10
13.27
13.26
13.39
13.76
13.96
13.99
14.27
14.39
14.47
14.52
13.77
1977
11.33
11.60
11.76
11.77
11.89
12.01
12.16
12.32
12.36
12.32
12.37
12.48
12.03
1976
10.33
10.44
10.62
10.74
10.80
10.91
11.12
11.23
11.31
11.19
11.18
11.25
10.93
1975
8.39
8.55
8.71
8.98
9.30
9.43
9.60
9.81
10.15
10.29
10.21
10.26
9.47
1974
6.69
7.05
7.31
7.45
7.48
7.43
7.59
7.83
7.96
7.88
7.99
8.11
7.56
1973
5.93
5.95
5.96
5.99
6.03
6.01
6.05
6.11
6.16
6.17
6.24
6.42
6.08
1972
5.50
5.68
5.84
5.87
5.90
5.93
5.99
6.09
6.09
6.02
5.91
5.92
5.89
1971
5.10
5.20
5.30
5.27
5.18
5.17
5.26
5.31
5.40
5.36
5.37
5.42
5.28
1970
4.40
4.49
4.59
4.68
4.64
4.54
4.57
4.60
4.72
4.81
4.80
4.97
4.65
1969
3.83
3.85
3.88
3.90
3.93
3.94
3.94
3.96
4.09
4.20
4.25
4.34
4.01
1968
3.43
3.48
3.52
3.51
3.52
3.54
3.53
3.56
3.57
3.67
3.76
3.73
3.57
1967
3.03
3.07
3.12
3.20
3.23
3.20
3.20
3.24
3.29
3.34
3.37
3.36
3.22
1966
2.68
2.75
2.80
2.83
2.91
2.91
2.90
2.96
3.01
3.09
3.01
3.01
2.90
1965
2.49
2.55
2.55
2.59
2.65
2.62
2.65
2.68
2.67
2.65
2.61
2.62
2.61
Last updated on 23/03/2024
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South Korea Inflation Calculator
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