South Korean Won Inflation Calculator
₩10,000 in 1959 has the same buying power as ₩1,011,540 in 2026.
Convert South Korean Won between any two years
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₩10,000 in 2001 is worth ₩18,187 in 2026
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Inflation analysis
Inflation in South Korea
South Korea inflation is 2.50% in 2026, following 2.12% in 2025. 68 years of data are available, from 1959.
South Korea's price history is inseparable from its industrialisation. Inflation was severe during the rapid-growth decades — frequently above 20% in the 1970s — as the economy transformed from one of the world's poorest to a major industrial power within a generation.
The 1997 Asian financial crisis brought a sharp shock, with the won losing much of its value and inflation spiking in 1998. Since the early 2000s Korean inflation has been low and comparable to other advanced economies.
The Bank of Korea targets 2% consumer price inflation.
Cumulative South Korea inflation over common spans
How much prices have risen in total over the last few years and decades, and what ₩10,000 at the start of each span is worth in 2026 money.
| Range | Years | Cumulative inflation | Average per year | ₩10,000 becomes |
|---|---|---|---|---|
| 2025 to 2026 | 1 | 2.50% | 2.50% | ₩10,250 |
| 2023 to 2026 | 3 | 7.11% | 2.31% | ₩10,711 |
| 2021 to 2026 | 5 | 16.61% | 3.12% | ₩11,661 |
| 2016 to 2026 | 10 | 24.78% | 2.24% | ₩12,478 |
| 2011 to 2026 | 15 | 33.02% | 1.92% | ₩13,302 |
| 2006 to 2026 | 20 | 57.10% | 2.28% | ₩15,710 |
| 2001 to 2026 | 25 | 81.87% | 2.42% | ₩18,187 |
| 1996 to 2026 | 30 | 119.08% | 2.65% | ₩21,908 |
| 1986 to 2026 | 40 | 293.58% | 3.48% | ₩39,358 |
| 1976 to 2026 | 50 | 993.97% | 4.90% | ₩109,397 |
South Korea CPI and inflation rate by year
The full annual series behind this calculator, from 1959 to 2026. The final column shows what ₩10,000 in that year is worth in 2026 money.
| Year | CPI index | Inflation | ₩10,000 then, in 2026 |
|---|---|---|---|
| 2026 | 126.00 | 2.50% | ₩10,000 |
| 2025 | 122.92 | 2.12% | ₩10,250 |
| 2024 | 120.37 | 2.32% | ₩10,468 |
| 2023 | 117.64 | 3.60% | ₩10,711 |
| 2022 | 113.55 | 5.09% | ₩11,096 |
| 2021 | 108.05 | 2.50% | ₩11,661 |
| 2020 | 105.42 | 0.54% | ₩11,952 |
| 2019 | 104.85 | 0.38% | ₩12,016 |
| 2018 | 104.45 | 1.48% | ₩12,062 |
| 2017 | 102.93 | 1.94% | ₩12,240 |
| 2016 | 100.97 | 0.97% | ₩12,478 |
| 2015 | 100.00 | 0.71% | ₩12,600 |
| 2014 | 99.30 | 1.27% | ₩12,689 |
| 2013 | 98.05 | 1.30% | ₩12,850 |
| 2012 | 96.79 | 2.19% | ₩13,017 |
| 2011 | 94.72 | 4.03% | ₩13,302 |
| 2010 | 91.05 | 2.94% | ₩13,838 |
| 2009 | 88.45 | 2.76% | ₩14,244 |
| 2008 | 86.08 | 4.67% | ₩14,637 |
| 2007 | 82.24 | 2.53% | ₩15,321 |
| 2006 | 80.20 | 2.24% | ₩15,710 |
| 2005 | 78.44 | 2.75% | ₩16,062 |
| 2004 | 76.34 | 3.59% | ₩16,504 |
| 2003 | 73.70 | 3.51% | ₩17,097 |
| 2002 | 71.19 | 2.76% | ₩17,698 |
| 2001 | 69.28 | 4.07% | ₩18,187 |
| 2000 | 66.57 | 2.26% | ₩18,926 |
| 1999 | 65.10 | 0.81% | ₩19,354 |
| 1998 | 64.58 | 7.51% | ₩19,511 |
| 1997 | 60.06 | 4.44% | ₩20,977 |
| 1996 | 57.51 | 4.92% | ₩21,908 |
| 1995 | 54.81 | 4.48% | ₩22,987 |
| 1994 | 52.46 | 6.27% | ₩24,017 |
| 1993 | 49.37 | 4.80% | ₩25,522 |
| 1992 | 47.11 | 6.21% | ₩26,747 |
| 1991 | 44.35 | 9.33% | ₩28,409 |
| 1990 | 40.56 | 8.57% | ₩31,060 |
| 1989 | 37.36 | 5.70% | ₩33,723 |
| 1988 | 35.35 | 7.15% | ₩35,646 |
| 1987 | 32.99 | 3.05% | ₩38,193 |
| 1986 | 32.01 | 2.75% | ₩39,358 |
| 1985 | 31.16 | 2.46% | ₩40,440 |
| 1984 | 30.41 | 2.27% | ₩41,434 |
| 1983 | 29.73 | 3.42% | ₩42,377 |
| 1982 | 28.75 | 7.19% | ₩43,826 |
| 1981 | 26.82 | 21.35% | ₩46,978 |
| 1980 | 22.10 | 28.70% | ₩57,008 |
| 1979 | 17.17 | 18.32% | ₩73,368 |
| 1978 | 14.51 | 14.46% | ₩86,812 |
| 1977 | 12.68 | 10.10% | ₩99,365 |
| 1976 | 11.52 | 15.33% | ₩109,397 |
| 1975 | 9.99 | 25.25% | ₩126,165 |
| 1974 | 7.97 | 24.30% | ₩158,021 |
| 1973 | 6.41 | 3.22% | ₩196,426 |
| 1972 | 6.21 | 11.69% | ₩202,753 |
| 1971 | 5.56 | 13.51% | ₩226,453 |
| 1970 | 4.90 | 15.95% | ₩257,051 |
| 1969 | 4.23 | 12.39% | ₩298,051 |
| 1968 | 3.76 | 10.77% | ₩334,979 |
| 1967 | 3.40 | 10.88% | ₩371,062 |
| 1966 | 3.06 | 11.26% | ₩411,443 |
| 1965 | 2.75 | 13.55% | ₩457,777 |
| 1964 | 2.42 | 29.46% | ₩519,797 |
| 1963 | 1.87 | 20.69% | ₩672,944 |
| 1962 | 1.55 | 6.62% | ₩812,187 |
| 1961 | 1.46 | 8.20% | ₩865,940 |
| 1960 | 1.34 | 7.97% | ₩936,910 |
| 1959 | 1.25 | — | ₩1,011,540 |
Popular South Korean Won comparisons
- ₩10,000 in 2025 → ₩10,250
- ₩10,000 in 2024 → ₩10,468
- ₩10,000 in 2023 → ₩10,711
- ₩10,000 in 2022 → ₩11,096
- ₩10,000 in 2021 → ₩11,661
- ₩10,000 in 2020 → ₩11,952
- ₩10,000 in 2010 → ₩13,838
- ₩10,000 in 2000 → ₩18,926
- ₩10,000 in 1990 → ₩31,060
- ₩10,000 in 1980 → ₩57,008
- ₩10,000 in 1970 → ₩257,051
- ₩10,000 in 1960 → ₩936,910
Browse every year
A detailed page for each start year, from 1959 to 2025.
1950s
South Korea inflation FAQ
- What is the current inflation rate in South Korea?
- South Korea inflation was 2.50% in 2026, the most recent year in this dataset, measured as the change in the annual average consumer price index from 2025. The Bank of Korea targets 2% consumer price inflation.
- How much has South Korean Won lost in value since 1959?
- ₩10,000 in 1959 has the same purchasing power as ₩1,011,540 in 2026. That is cumulative inflation of 10,015.40% over 67 years, an average of 7.13% per year.
- What years does this South Korea inflation calculator cover?
- This calculator covers 68 years, from 1959 to 2026. You can convert an amount between any two years in that range.
- Can South Korean Won inflation be negative?
- Yes. Negative inflation, or deflation, means prices fell and South Korean Won gained purchasing power over that year. South Korea has not recorded a single year of falling prices in this dataset, which covers 68 years.
- What is the difference between CPI and the inflation rate?
- The consumer price index (CPI) is a level: it measures the cost of a fixed basket of goods and services in a given year. The inflation rate is the percentage change in that level between two periods. This calculator uses the ratio of CPI values for your two chosen years to convert an amount between them.
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