GDP deflator (base year varies by country), annual growth rate in Republic of Korea
Republic of Korea: GDP deflator (base year varies by country), annual growth rate was 4.07 % change on previous year in 2024. ◆ Volatile
GDP deflator (base year varies by country), annual growth rate in Republic of Korea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator (base year varies by country), annual growth rate in Republic of Korea is 4.07 % change on previous year, measured in 2024.
The figure is up 99.5% on the previous year and up 286.9% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Republic of Korea peaked at 30.75 % change on previous year in 1974 and was at its lowest, -1.35 % change on previous year, in 1999.
Republic of Korea ranks 97th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country), annual growth rate in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.26 % change on previous year | — |
| 1972 | 15.82 % change on previous year | +40.6% |
| 1973 | 12.86 % change on previous year | -18.7% |
| 1974 | 30.75 % change on previous year | +139.0% |
| 1975 | 23.51 % change on previous year | -23.5% |
| 1976 | 21.19 % change on previous year | -9.9% |
| 1977 | 14.46 % change on previous year | -31.8% |
| 1978 | 21.75 % change on previous year | +50.4% |
| 1979 | 18.53 % change on previous year | -14.8% |
| 1980 | 24.57 % change on previous year | +32.6% |
| 1981 | 16.53 % change on previous year | -32.7% |
| 1982 | 6.48 % change on previous year | -60.8% |
| 1983 | 4.87 % change on previous year | -24.9% |
| 1984 | 4.52 % change on previous year | -7.1% |
| 1985 | 4.03 % change on previous year | -10.8% |
| 1986 | 5.05 % change on previous year | +25.2% |
| 1987 | 4.9 % change on previous year | -2.9% |
| 1988 | 7.03 % change on previous year | +43.5% |
| 1989 | 5.98 % change on previous year | -14.9% |
| 1990 | 10.06 % change on previous year | +68.1% |
| 1991 | 9.06 % change on previous year | -9.9% |
| 1992 | 7.75 % change on previous year | -14.5% |
| 1993 | 6.26 % change on previous year | -19.2% |
| 1994 | 8.09 % change on previous year | +29.4% |
| 1995 | 7.03 % change on previous year | -13.1% |
| 1996 | 3.98 % change on previous year | -43.4% |
| 1997 | 3.86 % change on previous year | -3.1% |
| 1998 | 4.5 % change on previous year | +16.5% |
| 1999 | -1.35 % change on previous year | -130.1% |
| 2000 | 0.9336 % change on previous year | -169.1% |
| 2001 | 3.54 % change on previous year | +279.2% |
| 2002 | 3.01 % change on previous year | -15.0% |
| 2003 | 3.56 % change on previous year | +18.4% |
| 2004 | 3.26 % change on previous year | -8.5% |
| 2005 | 1.14 % change on previous year | -65.1% |
| 2006 | -0.1632 % change on previous year | -114.3% |
| 2007 | 2.51 % change on previous year | -1639.0% |
| 2008 | 2.94 % change on previous year | +17.0% |
| 2009 | 3.5 % change on previous year | +19.1% |
| 2010 | 2.72 % change on previous year | -22.4% |
| 2011 | 1.28 % change on previous year | -53.1% |
| 2012 | 1.29 % change on previous year | +1.3% |
| 2013 | 1.08 % change on previous year | -16.6% |
| 2014 | 1.05 % change on previous year | -2.4% |
| 2015 | 3.23 % change on previous year | +207.1% |
| 2016 | 2.06 % change on previous year | -36.1% |
| 2017 | 2.02 % change on previous year | -2.1% |
| 2018 | 0.5665 % change on previous year | -71.9% |
| 2019 | -0.6242 % change on previous year | -210.2% |
| 2020 | 1.59 % change on previous year | -354.3% |
| 2021 | 3.18 % change on previous year | +100.4% |
| 2022 | 1.81 % change on previous year | -43.2% |
| 2023 | 2.04 % change on previous year | +12.8% |
| 2024 | 4.07 % change on previous year | +99.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.9 % change on previous year | 11.26 % change on previous year | 30.75 % change on previous year | 9 |
| 1980s | 8.4 % change on previous year | 4.03 % change on previous year | 24.57 % change on previous year | 10 |
| 1990s | 5.92 % change on previous year | -1.35 % change on previous year | 10.06 % change on previous year | 10 |
| 2000s | 2.42 % change on previous year | -0.1632 % change on previous year | 3.56 % change on previous year | 10 |
| 2010s | 1.47 % change on previous year | -0.6242 % change on previous year | 3.23 % change on previous year | 10 |
| 2020s | 2.54 % change on previous year | 1.59 % change on previous year | 4.07 % change on previous year | 5 |
Countries ranked near Republic of Korea
- 94 Viet Nam 4.16 % change on previous year compare
- 95 Chad 4.1 % change on previous year compare
- 96 Faroe Islands 4.07 % change on previous year compare
- 98 United Kingdom of Great Britain and Northern Ireland 4.01 % change on previous year compare
- 99 Czechia 3.98 % change on previous year compare
- 100 Montenegro 3.96 % change on previous year compare
More population data for Republic of 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)
- World population growth -1.4% (2100)
- Population density 223.86 people per km² (2100)
- Number of children under 5, by world region 599,530 people (2100)
- Population growth rate, by level of development -1.4% (2100)
- Number of people living in urban and rural areas, annual growth rate -0.0908 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Republic of Korea?
- Gdp deflator (base year varies by country), annual growth rate in Republic of Korea was 4.07 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Republic of Korea?
- The highest recorded value was 30.75 % change on previous year in 1974.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Republic of Korea?
- The lowest recorded value was -1.35 % change on previous year in 1999.
- How does Republic of Korea rank for gdp deflator (base year varies by country), annual growth rate?
- Republic of Korea ranks 97th out of 211 countries with data for 2024.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Republic of Korea?
- Over the last ten years it is up 286.9%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.