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KRW Value Calculator: South Korea

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According to World Bank CPI data (FP.CPI.TOTL), ₩1,000 in South Korea in 2000 had the same purchasing power as ₩1,808.06 in 2024 — a cumulative inflation of 80.8% (2.50%/year average).

Figures use 2025 CPI, the latest official World Bank year. Data for 2026 has not been published yet.

ℹ️
Approximate Data

You requested data up to 2026, but the latest available year is 2024. Figures below reflect 2024.

₩1,000 in 2000
is equivalent to in 2024
₩1,808.06
📉 Purchasing Power Lost: -44.7%
Period
2000 → 2024
(24 years)
Total Inflation
+80.8%
Annual Rate
2.50%
average per year

Value Over Time

Year-by-Year Historical Data

Year-by-year CPI and inflation-adjusted value for 1,000 KRW in South Korea, 2000–2024
Year CPI Equivalent Value Annual Change
2000 73.11 ₩1,000.00 -
2001 76.09 ₩1,040.67 +4.1%
2002 78.19 ₩1,069.41 +2.8%
2003 80.94 ₩1,107.00 +3.5%
2004 83.84 ₩1,146.75 +3.6%
2005 86.15 ₩1,178.33 +2.8%
2006 88.08 ₩1,204.75 +2.2%
2007 90.32 ₩1,235.29 +2.5%
2008 94.54 ₩1,293.02 +4.7%
2009 97.14 ₩1,328.66 +2.8%
2010 100.00 ₩1,367.72 +2.9%
2011 104.03 ₩1,422.78 +4.0%
2012 106.30 ₩1,453.90 +2.2%
2013 107.68 ₩1,472.82 +1.3%
2014 109.06 ₩1,491.59 +1.3%
2015 109.83 ₩1,502.13 +0.7%
2016 110.89 ₩1,516.72 +1.0%
2017 113.05 ₩1,546.21 +1.9%
2018 114.72 ₩1,569.03 +1.5%
2019 115.16 ₩1,575.04 +0.4%
2020 105.77 ₩1,446.57 -8.2%
2021 109.68 ₩1,500.06 +3.7%
2022 115.20 ₩1,575.61 +5.0%
2023 118.85 ₩1,625.50 +3.2%
2024 132.20 ₩1,808.06 +11.2%

Quick Reference Values

What 2000 amounts are worth in 2024 in South Korea:

Quick Reference Values
2000 2024
₩1 ₩1.81
₩10 ₩18.08
₩100 ₩180.81
₩1,000 ₩1,808.06
₩10,000 ₩18,080.60

Inflation by Decade in South Korea

Inflation by Decade in South Korea
Decade Cumulative Inflation Annual Rate
1960–1969 +214.4% 13.57%
1970–1979 +250.4% 14.95%
1980–1989 +69.1% 6.01%
1990–1999 +60.5% 5.40%
2000–2009 +32.9% 3.21%
2010–2019 +15.2% 1.58%
2020–2024 +25.0% 5.73%

The steepest single-year rise in this period was 11.2% in 2024; the calmest was -8.2% in 2020.

This equals a compound annual rate of 2.50% — about 28 years to double prices at that pace.

  • In 2000, ₩1,000 in South Korea had the same buying power as ₩1,808.06 in 2024.
  • In 2010, ₩1,000 in South Korea had the same buying power as ₩1,321.96 in 2024.
  • In 2020, ₩1,000 in South Korea had the same buying power as ₩1,249.89 in 2024.

Frequently Asked Questions

How much is 1,000 KRW from 2000 worth in 2026?

₩1,000 from 2000 is worth about ₩1,808.06 in 2026 in South Korea, after 80.81% cumulative inflation.

What was the average annual inflation rate in South Korea between 2000 and 2026?

The average annual (compound) inflation rate was 2.5% over 24 years.

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Source: World Bank, CPI (FP.CPI.TOTL)
Data verified: January 17, 2026 · How to cite this