KRW Value Calculator: South Korea
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According to World Bank CPI data (FP.CPI.TOTL), ₩10,000 in South Korea in 2000 had the same purchasing power as ₩18,080.61 in 2024 — a cumulative inflation of 80.8% (2.50%/year average).
Value Over Time
Year-by-Year Historical Data
| Year | CPI | Equivalent Value | Annual Change |
|---|---|---|---|
| 2000 | 73.11 | ₩10,000.00 | - |
| 2001 | 76.09 | ₩10,406.66 | +4.1% |
| 2002 | 78.19 | ₩10,694.12 | +2.8% |
| 2003 | 80.94 | ₩11,070.00 | +3.5% |
| 2004 | 83.84 | ₩11,467.49 | +3.6% |
| 2005 | 86.15 | ₩11,783.28 | +2.8% |
| 2006 | 88.08 | ₩12,047.50 | +2.2% |
| 2007 | 90.32 | ₩12,352.85 | +2.5% |
| 2008 | 94.54 | ₩12,930.21 | +4.7% |
| 2009 | 97.14 | ₩13,286.63 | +2.8% |
| 2010 | 100.00 | ₩13,677.17 | +2.9% |
| 2011 | 104.03 | ₩14,227.80 | +4.0% |
| 2012 | 106.30 | ₩14,538.98 | +2.2% |
| 2013 | 107.68 | ₩14,728.18 | +1.3% |
| 2014 | 109.06 | ₩14,915.93 | +1.3% |
| 2015 | 109.83 | ₩15,021.28 | +0.7% |
| 2016 | 110.89 | ₩15,167.24 | +1.0% |
| 2017 | 113.05 | ₩15,462.15 | +1.9% |
| 2018 | 114.72 | ₩15,690.34 | +1.5% |
| 2019 | 115.16 | ₩15,750.44 | +0.4% |
| 2020 | 105.77 | ₩14,465.70 | -8.2% |
| 2021 | 109.68 | ₩15,000.62 | +3.7% |
| 2022 | 115.20 | ₩15,756.13 | +5.0% |
| 2023 | 118.85 | ₩16,254.99 | +3.2% |
| 2024 | 132.20 | ₩18,080.61 | +11.2% |
Quick Reference Values
What 2000 amounts are worth in 2024 in South Korea:
| 2000 | 2024 |
|---|---|
| ₩1 | ₩1.81 |
| ₩10 | ₩18.08 |
| ₩100 | ₩180.81 |
| ₩1,000 | ₩1,808.06 |
| ₩10,000 | ₩18,080.61 |
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, ₩10,000 in South Korea had the same buying power as ₩18,080.61 in 2024.
- In 2010, ₩10,000 in South Korea had the same buying power as ₩13,219.56 in 2024.
- In 2020, ₩10,000 in South Korea had the same buying power as ₩12,498.95 in 2024.
Frequently Asked Questions
How much is 10,000 KRW from 2000 worth in 2024?
₩10,000 from 2000 is worth about ₩18,080.61 in 2024 in South Korea, after 80.81% cumulative inflation.
What was the average annual inflation rate in South Korea between 2000 and 2024?
The average annual (compound) inflation rate was 2.5% over 24 years.