South Korean Won Inflation Calculator

₩100.00 in 1959 has the same buying power as ₩10,115 in 2026.

₩10,115₩100.00 in 1959 is now
10,015.40%Cumulative inflation
7.13%Average per year
68Years of data

Convert South Korean Won between any two years

Calculate inflation

Results

₩100.00 in 2001 is worth ₩181.87 in 2026

Annual inflation rate 2.42%
Cumulative inflation 81.87%

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Inflation in South Korea

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.

South Korea CPI and inflation rate by year

The full annual series behind this calculator, from 1959 to 2026. The final column shows what ₩100.00 in that year is worth in 2026 money.

South Korea consumer price index and annual inflation, 1959–2026
Year CPI index Inflation ₩100.00 then, in 2026
2026126.002.50%₩100.00
2025122.922.12%₩102.50
2024120.372.32%₩104.68
2023117.643.60%₩107.11
2022113.555.09%₩110.96
2021108.052.50%₩116.61
2020105.420.54%₩119.52
2019104.850.38%₩120.16
2018104.451.48%₩120.62
2017102.931.94%₩122.40
2016100.970.97%₩124.78
2015100.000.71%₩126.00
201499.301.27%₩126.89
201398.051.30%₩128.50
201296.792.19%₩130.17
201194.724.03%₩133.02
201091.052.94%₩138.38
200988.452.76%₩142.44
200886.084.67%₩146.37
200782.242.53%₩153.21
200680.202.24%₩157.10
200578.442.75%₩160.62
200476.343.59%₩165.04
200373.703.51%₩170.97
200271.192.76%₩176.98
200169.284.07%₩181.87
200066.572.26%₩189.26
199965.100.81%₩193.54
199864.587.51%₩195.11
199760.064.44%₩209.77
199657.514.92%₩219.08
199554.814.48%₩229.87
199452.466.27%₩240.17
199349.374.80%₩255.22
199247.116.21%₩267.47
199144.359.33%₩284.09
199040.568.57%₩310.60
198937.365.70%₩337.23
198835.357.15%₩356.46
198732.993.05%₩381.93
198632.012.75%₩393.58
198531.162.46%₩404.40
198430.412.27%₩414.34
198329.733.42%₩423.77
198228.757.19%₩438.26
198126.8221.35%₩469.78
198022.1028.70%₩570.08
197917.1718.32%₩733.68
197814.5114.46%₩868.12
197712.6810.10%₩993.65
197611.5215.33%₩1,094
19759.9925.25%₩1,262
19747.9724.30%₩1,580
19736.413.22%₩1,964
19726.2111.69%₩2,028
19715.5613.51%₩2,265
19704.9015.95%₩2,571
19694.2312.39%₩2,981
19683.7610.77%₩3,350
19673.4010.88%₩3,711
19663.0611.26%₩4,114
19652.7513.55%₩4,578
19642.4229.46%₩5,198
19631.8720.69%₩6,729
19621.556.62%₩8,122
19611.468.20%₩8,659
19601.347.97%₩9,369
19591.25₩10,115

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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?
₩100.00 in 1959 has the same purchasing power as ₩10,115 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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