Korea - GDP deflator

GDP deflator (base year varies by country)

GDP deflator (base year varies by country) in Korea was 105.24 as of 2020. Its highest value over the past 60 years was 105.24 in 2020, while its lowest value was 0.86 in 1960.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 0.86
1961 0.97
1962 1.13
1963 1.47
1964 1.92
1965 2.01
1966 2.30
1967 2.60
1968 2.96
1969 3.38
1970 3.88
1971 4.31
1972 4.99
1973 5.63
1974 7.35
1975 9.09
1976 11.02
1977 12.62
1978 15.37
1979 18.22
1980 22.71
1981 26.48
1982 28.19
1983 29.55
1984 30.86
1985 32.09
1986 33.68
1987 35.31
1988 37.82
1989 40.11
1990 44.16
1991 48.20
1992 51.95
1993 55.20
1994 59.70
1995 63.89
1996 66.52
1997 69.18
1998 72.28
1999 71.39
2000 72.12
2001 74.63
2002 76.89
2003 79.54
2004 82.03
2005 82.89
2006 82.70
2007 84.70
2008 87.10
2009 90.24
2010 92.71
2011 93.90
2012 95.07
2013 96.04
2014 96.91
2015 100.00
2016 101.99
2017 104.25
2018 104.76
2019 103.88
2020 105.24

GDP deflator: linked series (base year varies by country)

The latest value for GDP deflator: linked series (base year varies by country) in Korea was 105.24 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 105.24 in 2020 and 44.16 in 1990.

Definition: The GDP implicit deflator is calculated as the ratio of GDP in current local currency to GDP in constant local currency. 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. The base year varies by country.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 44.16
1991 48.20
1992 51.95
1993 55.20
1994 59.70
1995 63.89
1996 66.52
1997 69.18
1998 72.28
1999 71.39
2000 72.12
2001 74.63
2002 76.89
2003 79.54
2004 82.03
2005 82.89
2006 82.70
2007 84.70
2008 87.10
2009 90.24
2010 92.71
2011 93.90
2012 95.07
2013 96.04
2014 96.91
2015 100.00
2016 101.99
2017 104.25
2018 104.76
2019 103.88
2020 105.24

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices