KRW Value Calculator: South Korea
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According to World Bank CPI data (FP.CPI.TOTL), ₩100,000 in South Korea in 2000 had the same purchasing power as ₩180,806.06 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 | ₩100,000.00 | - |
| 2001 | 76.09 | ₩104,066.58 | +4.1% |
| 2002 | 78.19 | ₩106,941.17 | +2.8% |
| 2003 | 80.94 | ₩110,700.02 | +3.5% |
| 2004 | 83.84 | ₩114,674.88 | +3.6% |
| 2005 | 86.15 | ₩117,832.79 | +2.8% |
| 2006 | 88.08 | ₩120,475.00 | +2.2% |
| 2007 | 90.32 | ₩123,528.53 | +2.5% |
| 2008 | 94.54 | ₩129,302.12 | +4.7% |
| 2009 | 97.14 | ₩132,866.33 | +2.8% |
| 2010 | 100.00 | ₩136,771.65 | +2.9% |
| 2011 | 104.03 | ₩142,278.03 | +4.0% |
| 2012 | 106.30 | ₩145,389.75 | +2.2% |
| 2013 | 107.68 | ₩147,281.78 | +1.3% |
| 2014 | 109.06 | ₩149,159.29 | +1.3% |
| 2015 | 109.83 | ₩150,212.85 | +0.7% |
| 2016 | 110.89 | ₩151,672.45 | +1.0% |
| 2017 | 113.05 | ₩154,621.46 | +1.9% |
| 2018 | 114.72 | ₩156,903.43 | +1.5% |
| 2019 | 115.16 | ₩157,504.37 | +0.4% |
| 2020 | 105.77 | ₩144,657.05 | -8.2% |
| 2021 | 109.68 | ₩150,006.17 | +3.7% |
| 2022 | 115.20 | ₩157,561.27 | +5.0% |
| 2023 | 118.85 | ₩162,549.94 | +3.2% |
| 2024 | 132.20 | ₩180,806.06 | +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, ₩100,000 in South Korea had the same buying power as ₩180,806.06 in 2024.
- In 2010, ₩100,000 in South Korea had the same buying power as ₩132,195.56 in 2024.
- In 2020, ₩100,000 in South Korea had the same buying power as ₩124,989.46 in 2024.
Frequently Asked Questions
How much is 100,000 KRW from 2000 worth in 2024?
₩100,000 from 2000 is worth about ₩180,806.06 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.