Korea - Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Korea was 1.31 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 30.60 in 1974 and a minimum value of -1.23 in 1999.
Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | 12.91 |
| 1962 | 16.72 |
| 1963 | 30.00 |
| 1964 | 30.30 |
| 1965 | 4.73 |
| 1966 | 14.49 |
| 1967 | 12.96 |
| 1968 | 13.88 |
| 1969 | 14.09 |
| 1970 | 14.85 |
| 1971 | 11.21 |
| 1972 | 15.78 |
| 1973 | 12.72 |
| 1974 | 30.60 |
| 1975 | 23.68 |
| 1976 | 21.24 |
| 1977 | 14.45 |
| 1978 | 21.84 |
| 1979 | 18.53 |
| 1980 | 24.65 |
| 1981 | 16.59 |
| 1982 | 6.46 |
| 1983 | 4.82 |
| 1984 | 4.42 |
| 1985 | 3.99 |
| 1986 | 4.97 |
| 1987 | 4.83 |
| 1988 | 7.12 |
| 1989 | 6.07 |
| 1990 | 10.09 |
| 1991 | 9.14 |
| 1992 | 7.78 |
| 1993 | 6.25 |
| 1994 | 8.16 |
| 1995 | 7.02 |
| 1996 | 4.11 |
| 1997 | 4.00 |
| 1998 | 4.48 |
| 1999 | -1.23 |
| 2000 | 1.02 |
| 2001 | 3.48 |
| 2002 | 3.03 |
| 2003 | 3.45 |
| 2004 | 3.13 |
| 2005 | 1.04 |
| 2006 | -0.22 |
| 2007 | 2.42 |
| 2008 | 2.83 |
| 2009 | 3.61 |
| 2010 | 2.74 |
| 2011 | 1.28 |
| 2012 | 1.25 |
| 2013 | 1.02 |
| 2014 | 0.91 |
| 2015 | 3.19 |
| 2016 | 1.99 |
| 2017 | 2.22 |
| 2018 | 0.48 |
| 2019 | -0.84 |
| 2020 | 1.31 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
