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Korea - GDP Deflator 2021

Inflation as measured by annual growth rate of GDP implicit deflator · World Bank
3.18% +1.59pp from 2020 Global rank: 82nd

Korea's gdp deflator was 3.18% in 2021, increased +1.59pp from 1.59% in 2020. This was the 82nd highest globally.

Global Ranking - 2021
GDP Deflator by Country - 2021
RankCountryValueYoY
1st St. Kitts and Nevis -3.22% 44.5%
2nd Fiji -1.81% 55.9%
3rd Bahamas, The -1.22% 47.5%
4th Comoros -1.17% -255.1%
5th Macao SAR, China -0.84% -224.6%
6th Samoa -0.71% -158.1%
7th Solomon Islands -0.59% 55.2%
8th Japan -0.20% -121.8%
9th Burkina Faso 0.11% -98.3%
10th Eswatini 0.11% -97.8%
11th Channel Islands 0.22% -92.3%
12th French Polynesia 0.23% -86.5%
13th Belize 0.54% 193.3%
14th Northern Mariana Islands 0.55% -84.6%
15th St. Vincent and the Grenadines 0.68% 184.2%
16th Hong Kong SAR, China 0.68% 7.1%
17th Vanuatu 0.70% -74.9%
18th United Kingdom 0.71% -85.3%
19th Greenland 0.80% -7.1%
20th Dominica 0.99% 138.0%
21st Ireland 1.05% 150.8%
22nd Bermuda 1.18% 380.0%
23rd Monaco 1.22% -59.0%
24th France 1.22% -59.0%
25th Italy 1.28% -18.6%
26th Switzerland 1.32% 289.0%
27th Cabo Verde 1.35% 268.7%
28th Greece 1.39% 482.7%
29th Panama 1.42% 386.1%
30th Senegal 1.45% -9.7%
31st Namibia 1.53% -66.9%
32nd Aruba 1.60% 154.1%
33rd Benin 1.62% -43.8%
34th Thailand 1.77% 236.6%
35th Austria 1.80% -30.5%
36th San Marino 1.84% 434.4%
37th Micronesia, Federated States of 1.86% 149.6%
38th Palau 1.92% 619.5%
39th Portugal 2.02% -4.0%
40th Tonga 2.04% 13,968.4%
41st Croatia 2.08% 160.8%
42nd Ecuador 2.17% 219.1%
43rd Cayman Islands 2.19% 1,473.6%
44th Jordan 2.20% 411.0%
45th Slovak Republic 2.24% -6.8%
46th Philippines 2.28% 38.3%
47th Israel 2.30% 117.3%
48th Costa Rica 2.37% 207.3%
49th Morocco 2.42% 1,595.9%
50th Malta 2.46% 27.3%
51st Finland 2.49% 52.1%
52nd Uganda 2.55% -6.5%
53rd Spain 2.56% 125.4%
54th Andorra 2.56% 129.7%
55th Guinea-Bissau 2.63% 32.4%
56th Cambodia 2.65% 421.0%
57th Tanzania 2.67% -58.4%
58th Slovenia 2.68% 125.6%
59th Germany 2.70% 53.4%
60th Belgium 2.70% 69.0%
61st European Union 2.70% 32.3%
62nd Sweden 2.71% 50.7%
63rd Grenada 2.73% 1,009.2%
64th Netherlands 2.75% 16.6%
65th Seychelles 2.75% -47.4%
66th Turkmenistan 2.77% 163.7%
67th Puerto Rico (US) 2.80% 17.5%
68th Virgin Islands (US) 2.80% -34.9%
69th Maldives 2.83% 184.1%
70th Bolivia, Plurinational State of 2.84% 341.4%
71st Afghanistan 2.84% -59.2%
72nd Viet Nam 2.88% 96.3%
73rd Cameroon 2.92% 314.0%
74th Rwanda 2.95% -56.1%
75th Mauritius 2.97% 18.2%
76th Cyprus 3.03% 351.2%
77th Denmark 3.04% 7.7%
78th Australia 3.06% 64.0%
79th Niger 3.12% 168.2%
80th Lesotho 3.12% -52.3%
81st Guatemala 3.13% 9.0%
82nd Korea 3.18% 100.4%
83rd Central African Republic 3.19% 60.7%
84th Guam 3.25% -19.5%
85th Latvia 3.30% 37.8%
86th Djibouti 3.35% 477.5%
87th Faroe Islands 3.43% 3,170.7%
88th Albania 3.44% 8,287.3%
89th Nicaragua 3.52% -44.0%
90th Lao PDR 3.71% -26.2%
91st Curaçao 3.76% 40.2%
92nd Mali 3.83% 709.4%
93rd Turks and Caicos Islands 3.86% 234.9%
94th Côte d'Ivoire 3.93% 115.0%
95th Czechia 4.03% -10.7%
96th Bangladesh 4.12% 7.3%
97th El Salvador 4.14% 533.8%
98th North Macedonia 4.29% 211.8%
99th Estonia 4.29% 469.7%
100th Kenya 4.33% -12.5%
101st United States 4.38% 546.1%
102nd China 4.47% 744.1%
103rd Mexico 4.49% -2.9%
104th Mozambique 4.55% 43.5%
105th New Zealand 4.56% 138.0%
106th Togo 4.56% 55.1%
107th Honduras 4.61% 35.4%
108th Sint Maarten (Dutch part) 4.64% 253.5%
109th Tuvalu 4.68% 425.9%
110th New Caledonia 4.83% 1,022.4%
111th American Samoa 4.84% -28.0%
112th Egypt, Arab Republic of 4.85% -21.5%
113th Antigua and Barbuda 4.92% 529.3%
114th Bosnia and Herzegovina 4.96% 7,885.6%
115th Montenegro 5.07% 1,201.4%
116th Tunisia 5.10% -24.6%
117th São Tomé and Principe 5.16% -44.3%
118th Poland 5.34% 26.0%
119th Liberia 5.35% 487.8%
120th Romania 5.60% 36.4%
121st Malaysia 5.68% 793.9%
122nd Serbia 5.68% 114.5%
123rd Marshall Islands 5.76% -15.1%
124th Luxembourg 5.90% 52.5%
125th Lithuania 6.00% 194.3%
126th Indonesia 6.00% 1,594.8%
127th Kosovo 6.12% 342.8%
128th Iceland 6.15% 41.6%
129th Hungary 6.17% -4.0%
130th Madagascar 6.27% 45.4%
131st Moldova 6.38% 14.5%
132nd South Africa 6.41% 18.9%
133rd Isle of Man 6.51% 3,265.6%
134th Jamaica 6.61% 151.3%
135th Nepal 6.76% 110.2%
136th Chile 6.87% -28.9%
137th Armenia 6.90% 282.0%
138th Bulgaria 6.97% 60.1%
139th Dominican Republic 7.22% 32.4%
140th Gambia, The 7.38% 237.3%
141st Somalia, Fed. Rep. 7.39% 37.9%
142nd Sierra Leone 7.46% -43.8%
143rd Mauritania 7.46% 15.9%
144th Bhutan 7.63% 44.3%
145th Canada 7.79% 627.0%
146th Colombia 7.80% 426.6%
147th Sri Lanka 8.02% 158.4%
148th Malawi 8.15% 31.1%
149th India 8.35% 73.5%
150th Botswana 8.38% 91.4%
151st Paraguay 8.45% 283.3%
152nd Chad 8.53% 815.4%
153rd West Bank and Gaza 8.95% 303.2%
154th Kiribati 9.06% 107.4%
155th Bahrain 9.21% 258.0%
156th Tajikistan 10.04% 506.6%
157th Peru 10.06% 170.6%
158th Barbados 10.10% 309.0%
159th Burundi 10.11% -36.2%
160th Georgia 10.23% 49.4%
161st Pakistan 10.27% 3.2%
162nd Singapore 10.93% 556.7%
163rd Uruguay 11.07% 3.3%
164th Papua New Guinea 11.60% 609.4%
165th St. Lucia 11.60% 314.7%
166th Guinea 11.99% 182.0%
167th Ghana 12.11% 29.3%
168th Oman 12.14% 212.6%
169th Nigeria 12.64% 12.3%
170th Brazil 13.05% 101.6%
171st United Arab Emirates 13.13% 233.2%
172nd Uzbekistan 13.69% 29.1%
173rd Kazakhstan 13.93% 230.8%
174th Mongolia 14.42% 289.0%
175th Belarus 15.33% 29.0%
176th Brunei Darussalam 15.47% 242.4%
177th Algeria 15.93% 438.2%
178th Kyrgyz Republic 15.99% 199.5%
179th Trinidad and Tobago 16.93% 776.4%
180th Nauru 17.25% 272.0%
181st Equatorial Guinea 17.94% 276.4%
182nd Russian Federation 18.21% 1,927.2%
183rd Haiti 19.34% 3.5%
184th Myanmar 19.52% 265.2%
185th Saudi Arabia 20.13% 297.5%
186th Norway 20.21% 903.0%
187th Gabon 20.34% 325.7%
188th Azerbaijan 21.59% 388.1%
189th Guyana 22.42% 185.3%
190th Qatar 22.47% 248.8%
191st Congo, Republic of 23.29% 266.4%
192nd Ukraine 24.80% 140.9%
193rd Zambia 25.14% 80.7%
194th Congo, Democratic Republic of 27.79% 150.1%
195th Türkiye 29.31% 98.9%
196th Kuwait 29.43% 278.8%
197th Angola 35.65% 122.0%
198th Iraq 38.90% 446.7%
199th Argentina 53.80% 34.2%
200th Iran, Islamic Republic of 55.86% 19.9%
201st Timor-Leste 59.08% 407.3%
202nd Suriname 62.07% 37.3%
203rd Libya 90.46% 2,002.7%
204th Zimbabwe 108.77% -81.4%
205th Syrian Arab Republic 118.27% 92.0%
206th Lebanon 150.00% 75.4%
207th Sudan 235.52% 103.6%
208th Cuba 401.59% 2,325.5%

FAQ

What was Korea's gdp deflator in 2021?

Korea's gdp deflator in 2021 was 3.18%. This ranked 82nd globally.

How did Korea's gdp deflator change in 2021?

Korea's gdp deflator increased by 100.4% in 2021 compared to 2020.

Which country had the highest gdp deflator in 2021?

Cuba had the highest gdp deflator in 2021 at 401.59%.

What is the gdp deflator of Korea in 2021?

The gdp deflator of Korea in 2021 was 3.18%. This ranked 82nd globally.

How does 2021 compare to 2020 for Korea's gdp deflator?

Korea's gdp deflator went from 1.59% in 2020 to 3.18% in 2021, a 100.4% increase.