Korea Inflation Rate 2020s

Consumer price inflation, annual % · World Bank
2.67% decade average (2020-2029)

Korea's inflation rate during the 2020s ranged from 0.54% (2020) to 5.09% (2022), averaging 2.67% over 6 years of data.

2020s Data
YearValueChangeRank
2020 0.54% +0.15pp 55th
2021 2.50% +1.96pp 72nd
2022 5.09% +2.59pp 42nd
2023 3.60% −1.49pp 48th
2024 2.32% −1.28pp 69th
2025 1.99% −0.33pp 135th