GDP deflator (base year varies by country) (UNESCO Institute) in South Korea
South Korea: GDP deflator (base year varies by country) (UNESCO Institute) was 111.55 base year varies by country in 2024. ◆ Volatile
Latest (2024)
111.55 base year varies by country
Change on year
up 4.1%
World rank
187th
of 211 countries
All-time high
111.55 base year varies by country
in 2024
All-time low
3.66 base year varies by country
in 1970
Years of data
55
1970–2024
GDP deflator in South Korea, 1970–2024
Source: UNESCO Institute for Statistics. Measured in base year varies by country.
Analysis
The most recent figure for gdp deflator in South Korea is 111.55 base year varies by country, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.1% on the previous year and up 21.7% over ten years.
Over the whole period, gdp deflator in South Korea peaked at 111.55 base year varies by country in 2024 and was at its lowest, 3.66 base year varies by country, in 1970.
South Korea ranks 187th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country) (UNESCO Institute) in South Korea, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1970 | 3.66 base year varies by country | — |
| 1971 | 4.07 base year varies by country | +11.3% |
| 1972 | 4.71 base year varies by country | +15.8% |
| 1973 | 5.32 base year varies by country | +12.9% |
| 1974 | 6.96 base year varies by country | +30.7% |
| 1975 | 8.59 base year varies by country | +23.5% |
| 1976 | 10.41 base year varies by country | +21.2% |
| 1977 | 11.92 base year varies by country | +14.5% |
| 1978 | 14.51 base year varies by country | +21.7% |
| 1979 | 17.2 base year varies by country | +18.5% |
| 1980 | 21.42 base year varies by country | +24.6% |
| 1981 | 24.96 base year varies by country | +16.5% |
| 1982 | 26.58 base year varies by country | +6.5% |
| 1983 | 27.87 base year varies by country | +4.9% |
| 1984 | 29.13 base year varies by country | +4.5% |
| 1985 | 30.31 base year varies by country | +4.0% |
| 1986 | 31.84 base year varies by country | +5.0% |
| 1987 | 33.4 base year varies by country | +4.9% |
| 1988 | 35.75 base year varies by country | +7.0% |
| 1989 | 37.89 base year varies by country | +6.0% |
| 1990 | 41.7 base year varies by country | +10.1% |
| 1991 | 45.48 base year varies by country | +9.1% |
| 1992 | 49 base year varies by country | +7.7% |
| 1993 | 52.07 base year varies by country | +6.3% |
| 1994 | 56.28 base year varies by country | +8.1% |
| 1995 | 60.24 base year varies by country | +7.0% |
| 1996 | 62.64 base year varies by country | +4.0% |
| 1997 | 65.06 base year varies by country | +3.9% |
| 1998 | 67.98 base year varies by country | +4.5% |
| 1999 | 67.06 base year varies by country | -1.4% |
| 2000 | 67.69 base year varies by country | +0.9% |
| 2001 | 70.09 base year varies by country | +3.5% |
| 2002 | 72.19 base year varies by country | +3.0% |
| 2003 | 74.77 base year varies by country | +3.6% |
| 2004 | 77.21 base year varies by country | +3.3% |
| 2005 | 78.09 base year varies by country | +1.1% |
| 2006 | 77.96 base year varies by country | -0.2% |
| 2007 | 79.92 base year varies by country | +2.5% |
| 2008 | 82.26 base year varies by country | +2.9% |
| 2009 | 85.14 base year varies by country | +3.5% |
| 2010 | 87.46 base year varies by country | +2.7% |
| 2011 | 88.58 base year varies by country | +1.3% |
| 2012 | 89.72 base year varies by country | +1.3% |
| 2013 | 90.69 base year varies by country | +1.1% |
| 2014 | 91.64 base year varies by country | +1.1% |
| 2015 | 94.6 base year varies by country | +3.2% |
| 2016 | 96.55 base year varies by country | +2.1% |
| 2017 | 98.5 base year varies by country | +2.0% |
| 2018 | 99.06 base year varies by country | +0.6% |
| 2019 | 98.44 base year varies by country | -0.6% |
| 2020 | 100 base year varies by country | +1.6% |
| 2021 | 103.18 base year varies by country | +3.2% |
| 2022 | 105.05 base year varies by country | +1.8% |
| 2023 | 107.19 base year varies by country | +2.0% |
| 2024 | 111.55 base year varies by country | +4.1% |
South Korea compared with similar countries
- South Korea's 111.55 base year varies by country is below the median for high income countries, which is 120.08 base year varies by country, 93% of the median. (82 countries reporting)
- South Korea's 111.55 base year varies by country is below the median for East Asia & Pacific, which is 125.84 base year varies by country, 89% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP deflator (base year varies by country) (UNESCO Institute) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +30.7% | 5.32 base year varies by country | 6.96 base year varies by country |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.73 base year varies by country | 3.66 base year varies by country | 17.2 base year varies by country | 10 |
| 1980s | 29.92 base year varies by country | 21.42 base year varies by country | 37.89 base year varies by country | 10 |
| 1990s | 56.75 base year varies by country | 41.7 base year varies by country | 67.98 base year varies by country | 10 |
| 2000s | 76.53 base year varies by country | 67.69 base year varies by country | 85.14 base year varies by country | 10 |
| 2010s | 93.52 base year varies by country | 87.46 base year varies by country | 99.06 base year varies by country | 10 |
| 2020s | 105.39 base year varies by country | 100 base year varies by country | 111.55 base year varies by country | 5 |
Countries ranked near South Korea
- 184 Italy 113.32 base year varies by country compare
- 185 France 112.57 base year varies by country compare
- 186 Bahamas 112.22 base year varies by country compare
- 188 Qatar 111.21 base year varies by country compare
- 189 New Caledonia 111.12 base year varies by country compare
- 190 Ecuador 110.21 base year varies by country compare
More population data for South Korea
- Population regions with projections, annual growth rate -1.44 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -2.17 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.44 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1.17 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.3601 % change on previous year (2100)
- Population growth rate -1.45 (2100)
- Population density 223.86 (2100)
- Projected population under age 5 599,530 (2100)
- Population growth rate by level of development -1.45 (2100)
- Urbanization vs gdp, annual growth rate 0.007 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator in South Korea?
- Gdp deflator in South Korea was 111.55 base year varies by country in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp deflator recorded in South Korea?
- The highest recorded value was 111.55 base year varies by country in 2024.
- What is the lowest gdp deflator recorded in South Korea?
- The lowest recorded value was 3.66 base year varies by country in 1970.
- How does South Korea rank for gdp deflator?
- South Korea ranks 187th out of 211 countries with data for 2024.
- Is gdp deflator rising or falling in South Korea?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release