New Zealand vs South Korea: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between New Zealand and South Korea from 2000 to 2026, based on World Bank CPI data.
Cumulative inflation in New Zealand was 72.5% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).
Over the same period, cumulative inflation in South Korea was 80.8%.
New Zealand
NZDSouth Korea
KRWCPI Comparison Chart
Year-by-Year Comparison
| Year | New Zealand CPI | New Zealand (Change) | South Korea CPI | South Korea (Change) |
|---|---|---|---|---|
| 2000 | 77.00 | - | 73.11 | - |
| 2001 | 79.02 | +2.6% | 76.09 | +4.1% |
| 2002 | 81.14 | +2.7% | 78.19 | +2.8% |
| 2003 | 82.56 | +1.8% | 80.94 | +3.5% |
| 2004 | 84.45 | +2.3% | 83.84 | +3.6% |
| 2005 | 87.01 | +3.0% | 86.15 | +2.8% |
| 2006 | 89.94 | +3.4% | 88.08 | +2.2% |
| 2007 | 92.08 | +2.4% | 90.32 | +2.5% |
| 2008 | 95.72 | +4.0% | 94.54 | +4.7% |
| 2009 | 97.75 | +2.1% | 97.14 | +2.8% |
| 2010 | 100.00 | +2.3% | 100.00 | +2.9% |
| 2011 | 104.03 | +4.0% | 104.03 | +4.0% |
| 2012 | 105.13 | +1.1% | 106.30 | +2.2% |
| 2013 | 106.32 | +1.1% | 107.68 | +1.3% |
| 2014 | 107.63 | +1.2% | 109.06 | +1.3% |
| 2015 | 107.94 | +0.3% | 109.83 | +0.7% |
| 2016 | 108.64 | +0.6% | 110.89 | +1.0% |
| 2017 | 110.65 | +1.9% | 113.05 | +1.9% |
| 2018 | 112.42 | +1.6% | 114.72 | +1.5% |
| 2019 | 114.24 | +1.6% | 115.16 | +0.4% |
| 2020 | 108.26 | -5.2% | 105.77 | -8.2% |
| 2021 | 114.70 | +5.9% | 109.68 | +3.7% |
| 2022 | 122.98 | +7.2% | 115.20 | +5.0% |
| 2023 | 128.71 | +4.7% | 118.85 | +3.2% |
| 2024 | 131.57 | +2.2% | 132.20 | +11.2% |
| 2025 | 132.80 | +0.9% | - | - |
Inflation by Decade: New Zealand vs South Korea
| Year | New Zealand (Total Inflation) | New Zealand (Avg Annual Rate) | South Korea (Total Inflation) | South Korea (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +36.0% | 3.48% | +214.4% | 13.57% |
| 1970s | +177.0% | 11.98% | +250.4% | 14.95% |
| 1980s | +159.8% | 11.19% | +69.1% | 6.01% |
| 1990s | +16.0% | 1.66% | +60.5% | 5.40% |
| 2000s | +27.0% | 2.69% | +32.9% | 3.21% |
| 2010s | +14.2% | 1.49% | +15.2% | 1.58% |
| 2020s | +22.7% | 4.17% | +25.0% | 5.73% |
The inflation gap between New Zealand and South Korea widened to 8.3 percentage points from 2000 to 2026.
$100 in New Zealand in 2000 lost roughly the same relative value as ₩104.84 in South Korea.
New Zealand's highest annual inflation was 7.2% in 2022; South Korea's was 11.2% in 2024.
Frequently Asked Questions
Which had higher inflation, New Zealand or South Korea?
Between 2000 and 2026, South Korea had higher cumulative inflation (80.81%) than New Zealand (72.47%), according to World Bank CPI data.
What was cumulative inflation in New Zealand from 2000 to 2026?
Prices in New Zealand rose 72.47% cumulatively, an average of 2.2% per year.
What was cumulative inflation in South Korea from 2000 to 2026?
Prices in South Korea rose 80.81% cumulatively, an average of 2.5% per year.
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Calculate Individually
Between 2000 and 2026, New Zealand had lower cumulative inflation (72.5%) than South Korea (80.8%).