GDP deflator: linked series (base year varies by country) in South Korea
South Korea: GDP deflator: linked series (base year varies by country) was 115.03 base year varies by country in 2025. ▲ Rising
GDP deflator: linked series in South Korea, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in base year varies by country.
Analysis
In 2025, gdp deflator: linked series in South Korea stood at 115.03 base year varies by country. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 21.6% over ten years.
Over the whole period, gdp deflator: linked series in South Korea peaked at 115.03 base year varies by country in 2025 and was at its lowest, 41.7 base year varies by country, in 1990.
That places South Korea 179th out of 214 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
GDP deflator: linked series (base year varies by country) in South Korea, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1990 | 41.7 base year varies by country | — |
| 1991 | 45.48 base year varies by country | +9.1% |
| 1992 | 49 base year varies by country | +7.7% |
| 1993 | 52.07 base year varies by country | +6.3% |
| 1994 | 56.28 base year varies by country | +8.1% |
| 1995 | 60.24 base year varies by country | +7.0% |
| 1996 | 62.64 base year varies by country | +4.0% |
| 1997 | 65.06 base year varies by country | +3.9% |
| 1998 | 67.98 base year varies by country | +4.5% |
| 1999 | 67.06 base year varies by country | -1.4% |
| 2000 | 67.69 base year varies by country | +0.9% |
| 2001 | 70.09 base year varies by country | +3.5% |
| 2002 | 72.19 base year varies by country | +3.0% |
| 2003 | 74.77 base year varies by country | +3.6% |
| 2004 | 77.21 base year varies by country | +3.3% |
| 2005 | 78.09 base year varies by country | +1.1% |
| 2006 | 77.96 base year varies by country | -0.2% |
| 2007 | 79.92 base year varies by country | +2.5% |
| 2008 | 82.26 base year varies by country | +2.9% |
| 2009 | 85.14 base year varies by country | +3.5% |
| 2010 | 87.46 base year varies by country | +2.7% |
| 2011 | 88.58 base year varies by country | +1.3% |
| 2012 | 89.72 base year varies by country | +1.3% |
| 2013 | 90.69 base year varies by country | +1.1% |
| 2014 | 91.64 base year varies by country | +1.1% |
| 2015 | 94.6 base year varies by country | +3.2% |
| 2016 | 96.55 base year varies by country | +2.1% |
| 2017 | 98.5 base year varies by country | +2.0% |
| 2018 | 99.06 base year varies by country | +0.6% |
| 2019 | 98.44 base year varies by country | -0.6% |
| 2020 | 100 base year varies by country | +1.6% |
| 2021 | 103.18 base year varies by country | +3.2% |
| 2022 | 105.05 base year varies by country | +1.8% |
| 2023 | 107.19 base year varies by country | +2.0% |
| 2024 | 111.55 base year varies by country | +4.1% |
| 2025 | 115.03 base year varies by country | +3.1% |
South Korea compared with similar countries
- South Korea's 115.03 base year varies by country is below the median for high income countries, which is 122.45 base year varies by country, 94% of the median. (82 countries reporting)
- South Korea's 115.03 base year varies by country is below the median for East Asia & Pacific, which is 130.07 base year varies by country, 88% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.75 base year varies by country | 41.7 base year varies by country | 67.98 base year varies by country | 10 |
| 2000s | 76.53 base year varies by country | 67.69 base year varies by country | 85.14 base year varies by country | 10 |
| 2010s | 93.52 base year varies by country | 87.46 base year varies by country | 99.06 base year varies by country | 10 |
| 2020s | 107 base year varies by country | 100 base year varies by country | 115.03 base year varies by country | 6 |
Countries ranked near South Korea
- 176 Djibouti 116.41 base year varies by country compare
- 177 Italy 115.8 base year varies by country compare
- 178 Finland 115.59 base year varies by country compare
- 180 Kuwait 114.96 base year varies by country compare
- 181 Denmark 114.85 base year varies by country compare
- 182 United Arab Emirates 114.18 base year varies by country compare
More financial sector data for South Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator: linked series in South Korea?
- Gdp deflator: linked series in South Korea was 115.03 base year varies by country in 2025, according to Staff estimates, World Bank (WB).
- What is the highest gdp deflator: linked series recorded in South Korea?
- The highest recorded value was 115.03 base year varies by country in 2025.
- What is the lowest gdp deflator: linked series recorded in South Korea?
- The lowest recorded value was 41.7 base year varies by country in 1990.
- How does South Korea rank for gdp deflator: linked series?
- South Korea ranks 179th out of 214 countries with data for 2025.
- Is gdp deflator: linked series rising or falling in South Korea?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of GDP deflator: linked series (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed as a ratio (a÷b).