Inflation, average consumer prices in South Korea, 2023

Inflation, average consumer prices in 2023: Annual value — 3.5975 annual change, %. Comparison with the previous year and position in the series history. Official data — International Monetary Fund.

Inflation, average consumer prices in 2023 — neighbouring years chart, Annual value 3.5975 annual change, %, source International Monetary Fund
Inflation, average consumer prices in 2023 — value in the context of neighbouring years. Source: International Monetary Fund. forecasteconomy.com

Inflation, average consumer prices in 2023

  • Value: 3.5975 annual change
  • Change vs 2022: −1.4921 annual change (−29.32 %)
  • Position in history: below the 46-year average (average — 4.4767 annual change, %)
  • Series maximum — 28.697 annual change, % in 1980 (43 years ago)
  • Series minimum — 0.383 annual change, % in 2019 (4 years ago)
  • Value date: 1 January 2023
  • Source: International Monetary Fund

Dynamics over neighbouring years

YearValue, annual change, %
20160.9717
20171.9443
20181.4758
20190.383
20200.5373
20212.4983
20225.0895
20233.5975
20242.3217
20252.1231

Full history and interactive chart

Complete series for South Korea — on the Inflation, average consumer prices page.

Other years

Interactive charts, comparisons, and validated forecasts — official statistics for national economies, their regions, and available countries. Browsing is open to everyone; downloads require a free account.

Open the platform