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Inflation Calculator: KRW in South Korea
Period
2010 → 2024
(14 years)
Total Inflation
+32.2%
Annual Rate
2.01%
avg/year
Value Over Time
Year-by-Year Historical Data
| Year | CPI | Equivalent Value | Annual Change |
|---|---|---|---|
| 2010 | 100.00 | ₩1,000.00 | - |
| 2011 | 104.03 | ₩1,040.26 | +4.0% |
| 2012 | 106.30 | ₩1,063.01 | +2.2% |
| 2013 | 107.68 | ₩1,076.84 | +1.3% |
| 2014 | 109.06 | ₩1,090.57 | +1.3% |
| 2015 | 109.83 | ₩1,098.27 | +0.7% |
| 2016 | 110.89 | ₩1,108.95 | +1.0% |
| 2017 | 113.05 | ₩1,130.51 | +1.9% |
| 2018 | 114.72 | ₩1,147.19 | +1.5% |
| 2019 | 115.16 | ₩1,151.59 | +0.4% |
| 2020 | 105.77 | ₩1,057.65 | -8.2% |
| 2021 | 109.68 | ₩1,096.76 | +3.7% |
| 2022 | 115.20 | ₩1,152.00 | +5.0% |
| 2023 | 118.85 | ₩1,188.48 | +3.2% |
| 2024 | 132.20 | ₩1,321.96 | +11.2% |
Inflation in South Korea: Historical Context
Inflation in South Korea has varied significantly since 2010. Using official World Bank data for KRW, we calculate that ₩1,000 in 2010 is equivalent to ₩1,321.96 in 2024. This represents a cumulative inflation of 32.2% over 14 years.
Inflation in related countries
Data Source: World Bank (FP.CPI.TOTL)