Korea (South Korea) GDP Deflator Statistics

23, May 2019, EDT.

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Country or Region: Korea (South Korea) › Change country
Economic Indicator: GDP Deflator › See all Korea indicators, › See GDP Deflator data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: South Korean Won
Currency Symbol: KRW

The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts. See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency).

GDP Deflator Statistics for Korea (South Korea), Year 2015 - In Detail

GDP Deflator for Korea in year 2015 is 106.419 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

This makes Korea No. 160 in world rankings according to GDP Deflator in year 2015. The world's average GDP Deflator value is 427.87 (Index, Base Year as per country's accounts = 100); Korea is 321.45 less than the average.

In the previous year, 2014, GDP Deflator for Korea was 104.10 (Index, Base Year as per country's accounts = 100) GDP Deflator for Korea in 2015 was or will be 2.22% more than it was or will be in 2014.

In the following or forecasted year, 2016, GDP Deflator for Korea was or will be 107.00 (Index, Base Year as per country's accounts = 100), which is 0.55% more than the 2015 figure.

* Source: IMF
GDP Deflator for Korea, in other Years
Year (Index, Base Year as per country's accounts = 100)
  2021 117.405
  2020 115.186
  2019 113.117
  2018 111.161
  2017 109.258
  2016 107.004
2015 106.419
  2014 104.103
  2013 103.521
  2012 102.645
  2011 101.585
  2010 100
  2009 96.935
  2008 93.619
  2007 90.931
  2006 88.802
  2005 88.926
  2004 88.018
  2003 85.468
  2002 82.661
  2001 80.207
  2000 77.382
  1999 76.55
  1998 77.468
  1997 74.049
  1996 71.157
  1995 68.252
  1994 63.823
  1993 59.039
  1992 55.594
  1991 51.598
  1990 47.128
  1989 42.802
  1988 40.363
  1987 37.685
  1986 35.908
  1985 34.213
  1984 32.899
  1983 31.506
  1982 30.049
  1981 28.222
  1980 24.206