Korea

KoreaGDP deflator

KR desk: Korea first; United States, Japan, China, Taiwan, euro area, United Kingdom and Australia alongside.

3.13%

−0.94 pp

As of 2025 | annual %

Mean
8.21%
Median
4.87%
Min
-1.35% 1999
Max
30.75% 1974
YearValue
20253.13%
20244.07%
20232.04%
20221.81%
20213.18%
20201.59%
2019-0.62%
20180.57%
20172.02%
20162.06%
20153.23%
20141.05%
20131.08%
20121.29%
20111.28%
20102.72%
20093.50%
20082.94%
20072.51%
2006-0.16%
20051.14%
20043.26%
20033.56%
20023.01%
#CountryGDP deflatorChangeYear
90United Kingdom3.69%−0.24 pp2025102Japan3.42%+0.22 pp2025114Euro area3.15%−0.24 pp2025116Korea, Rep.3.13%−0.94 pp2025129United States2.80%+0.32 pp2025146Australia2.31%−0.28 pp2025
197China-0.92%−0.16 pp2025

What the GDP deflator is

The GDP deflator (NY.GDP.DEFL.KD.ZG) is the annual percentage change in the price of all goods and services produced in the economy — a broad inflation measure tied to GDP, not a consumer basket. Latest: 3.13% in 2025.

It can diverge from a consumer price index when export or investment prices move differently from household prices. From 1961 to 2025 (65 years): mean 8.21%, median 4.87%; low -1.35% (1999), high 30.75% (1974).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).