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Korea - Inflation Rate 1980

Name: Korea Inflation Rate 1980
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

28.70% +10.37pp from 1979 Global rank: 121st

Korea's inflation rate was 28.70% in 1980, increased +10.37pp from 18.32% in 1979. This was the 121st highest globally.

Global Ranking - 1980▾

Inflation Rate by Country - 1980
Rank	Country	Value	YoY
1st	São Tomé and Principe	0.22%	-
2nd	Myanmar	0.61%	-89.3%
3rd	Romania	1.52%	-
4th	Mozambique	2.00%	-
5th	Burundi	2.50%	-93.2%
6th	Bahrain	3.87%	75.4%
7th	Switzerland	4.02%	10.3%
8th	Saudi Arabia	4.17%	285.5%
9th	Hong Kong SAR, China	4.44%	-
10th	Germany	5.44%	34.6%
11th	Luxembourg	6.30%	38.6%
12th	Austria	6.33%	70.7%
13th	Netherlands	6.51%	55.1%
14th	Belgium	6.65%	48.8%
15th	Malaysia	6.67%	82.7%
16th	Qatar	6.80%	-
17th	Gambia, The	6.82%	11.4%
18th	Kuwait	6.93%	-1.7%
19th	Belize	7.05%	-
20th	Rwanda	7.25%	-53.7%
21st	Congo, Republic of	7.30%	-
22nd	Bangladesh	7.69%	-
23rd	Japan	7.78%	110.1%
24th	Singapore	8.53%	109.2%
25th	Chad	8.64%	-
26th	Senegal	8.73%	-9.6%
27th	Hungary	9.29%	3.4%
28th	Morocco	9.41%	12.9%
29th	Algeria	9.52%	-16.1%
30th	Cameroon	9.55%	45.1%
31st	Benin	9.60%	-
32nd	Poland	9.68%	37.8%
33rd	Libya	9.73%	261.2%
34th	Nigeria	9.97%	-14.8%
35th	Oman	10.01%	-
36th	Tunisia	10.01%	-
37th	United Arab Emirates	10.07%	-
38th	Canada	10.13%	10.8%
39th	Australia	10.14%	11.1%
40th	Niger	10.31%	41.8%
41st	Guatemala	10.82%	-4.6%
42nd	Norway	10.88%	141.2%
43rd	Jordan	11.11%	-22.0%
44th	Vanuatu	11.24%	169.6%
45th	India	11.35%	80.8%
46th	Finland	11.59%	55.3%
47th	Zambia	11.73%	-
48th	Ecuador	11.91%	17.7%
49th	Pakistan	11.94%	44.4%
50th	Djibouti	12.06%	-
51st	Papua New Guinea	12.06%	109.2%
52nd	Bahamas, The	12.10%	33.1%
53rd	Burkina Faso	12.20%	-18.6%
54th	Denmark	12.31%	28.0%
55th	Togo	12.31%	63.2%
56th	Gabon	12.34%	55.2%
57th	Bhutan	12.50%	-
58th	Sierra Leone	12.87%	-
59th	European Union	12.91%	57.0%
60th	Solomon Islands	13.09%	62.5%
61st	Central African Republic	13.30%	-
62nd	Comoros	13.33%	-
63rd	Cyprus	13.52%	42.8%
64th	United States	13.55%	20.4%
65th	France	13.56%	27.4%
66th	Seychelles	13.57%	8.7%
67th	Botswana	13.63%	16.2%
68th	South Africa	13.66%	2.8%
69th	Sweden	13.71%	90.1%
70th	Panama	13.81%	72.8%
71st	Kenya	13.86%	73.7%
72nd	Guyana	14.09%	-
73rd	Suriname	14.11%	-4.9%
74th	Barbados	14.43%	9.6%
75th	Fiji	14.49%	85.6%
76th	Nepal	14.68%	311.9%
77th	Côte d'Ivoire	14.70%	-10.0%
78th	Cabo Verde	15.07%	-
79th	Spain	15.56%	-0.6%
80th	Malta	15.75%	120.3%
81st	Portugal	15.87%	-27.5%
82nd	Kiribati	16.10%	-
83rd	Lesotho	16.27%	1.7%
84th	Dominican Republic	16.75%	82.6%
85th	New Zealand	17.15%	25.2%
86th	St. Vincent and the Grenadines	17.21%	10.2%
87th	El Salvador	17.37%	23.6%
88th	Trinidad and Tobago	17.47%	18.7%
89th	St. Kitts and Nevis	17.74%	-
90th	Haiti	17.78%	35.8%
91st	United Kingdom	17.97%	33.9%
92nd	Indonesia	18.04%	11.1%
93rd	Honduras	18.06%	48.8%
94th	Costa Rica	18.14%	97.4%
95th	Ireland	18.15%	36.5%
96th	Philippines	18.20%	3.8%
97th	Madagascar	18.22%	29.6%
98th	Eswatini	18.68%	13.6%
99th	Antigua and Barbuda	19.00%	-
100th	Malawi	19.19%	-
101st	Syrian Arab Republic	19.30%	323.9%
102nd	St. Lucia	19.48%	107.4%
103rd	Thailand	19.70%	99.1%
104th	Mali	20.25%	-
105th	Iran, Islamic Republic of	20.64%	96.8%
106th	Egypt, Arab Republic of	20.82%	110.2%
107th	Italy	21.06%	42.3%
108th	Grenada	21.82%	4.5%
109th	Tonga	22.39%	310.1%
110th	Paraguay	22.45%	-20.3%
111th	Dominica	23.86%	209.3%
112th	Lebanon	23.90%	-
113th	Greece	24.68%	29.2%
114th	Viet Nam	25.16%	-
115th	Sudan	25.35%	-18.6%
116th	Sri Lanka	26.15%	143.6%
117th	Mexico	26.35%	44.9%
118th	Colombia	26.55%	10.0%
119th	Jamaica	27.31%	-6.1%
120th	Maldives	27.88%	-
121st	Korea	28.70%	56.6%
122nd	Tanzania	30.20%	133.2%
123rd	Samoa	33.05%	197.2%
124th	Nicaragua	35.14%	-
125th	Chile	35.14%	5.2%
126th	Guinea	39.99%	-
127th	Mauritius	42.00%	190.3%
128th	Congo, Democratic Republic of	46.63%	-53.9%
129th	Angola	46.71%	-
130th	Bolivia, Plurinational State of	47.24%	139.6%
131st	Ghana	50.07%	-8.0%
132nd	Iceland	58.53%	31.7%
133rd	Peru	59.15%	-11.3%
134th	Uruguay	63.48%	-5.0%
135th	Guinea-Bissau	64.76%	-
136th	Brazil	90.23%	-
137th	Türkiye	94.26%	48.3%
138th	Uganda	99.20%	-
139th	Israel	131.03%	67.3%
140th	Lao PDR	188.82%	-

FAQ

What was Korea's inflation rate in 1980?▾

Korea's inflation rate in 1980 was 28.70%. This ranked 121st globally.

How did Korea's inflation rate change in 1980?▾

Korea's inflation rate increased by 56.6% in 1980 compared to 1979.

Which country had the highest inflation rate in 1980?▾

Lao PDR had the highest inflation rate in 1980 at 188.82%.

What is the inflation rate of Korea in 1980?▾

The inflation rate of Korea in 1980 was 28.70%. This ranked 121st globally.

How does 1980 compare to 1979 for Korea's inflation rate?▾

Korea's inflation rate went from 18.32% in 1979 to 28.70% in 1980, a 56.6% increase.

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