South Korea vs Australia: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between South Korea and Australia from 2000 to 2026, based on World Bank CPI data.
Cumulative inflation in South Korea was 80.8% between 2000 and 2026, according to World Bank CPI data (FP.CPI.TOTL).
Over the same period, cumulative inflation in Australia was 75.7%.
South Korea
KRWAustralia
AUDCPI Comparison Chart
Year-by-Year Comparison
| Year | South Korea CPI | South Korea (Change) | Australia CPI | Australia (Change) |
|---|---|---|---|---|
| 2000 | 73.11 | - | 74.38 | - |
| 2001 | 76.09 | +4.1% | 77.65 | +4.4% |
| 2002 | 78.19 | +2.8% | 79.97 | +3.0% |
| 2003 | 80.94 | +3.5% | 82.15 | +2.7% |
| 2004 | 83.84 | +3.6% | 84.08 | +2.3% |
| 2005 | 86.15 | +2.8% | 86.34 | +2.7% |
| 2006 | 88.08 | +2.2% | 89.41 | +3.6% |
| 2007 | 90.32 | +2.5% | 91.49 | +2.3% |
| 2008 | 94.54 | +4.7% | 95.47 | +4.4% |
| 2009 | 97.14 | +2.8% | 97.16 | +1.8% |
| 2010 | 100.00 | +2.9% | 100.00 | +2.9% |
| 2011 | 104.03 | +4.0% | 103.30 | +3.3% |
| 2012 | 106.30 | +2.2% | 105.12 | +1.8% |
| 2013 | 107.68 | +1.3% | 107.70 | +2.4% |
| 2014 | 109.06 | +1.3% | 110.38 | +2.5% |
| 2015 | 109.83 | +0.7% | 112.04 | +1.5% |
| 2016 | 110.89 | +1.0% | 113.48 | +1.3% |
| 2017 | 113.05 | +1.9% | 115.69 | +1.9% |
| 2018 | 114.72 | +1.5% | 117.90 | +1.9% |
| 2019 | 115.16 | +0.4% | 119.80 | +1.6% |
| 2020 | 105.77 | -8.2% | 108.85 | -9.1% |
| 2021 | 109.68 | +3.7% | 112.65 | +3.5% |
| 2022 | 115.20 | +5.0% | 121.48 | +7.8% |
| 2023 | 118.85 | +3.2% | 126.40 | +4.1% |
| 2024 | 132.20 | +11.2% | 129.46 | +2.4% |
| 2025 | - | - | 130.67 | +0.9% |
Inflation by Decade: South Korea vs Australia
| Year | South Korea (Total Inflation) | South Korea (Avg Annual Rate) | Australia (Total Inflation) | Australia (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +214.4% | 13.57% | +23.5% | 2.38% |
| 1970s | +250.4% | 14.95% | +144.8% | 10.46% |
| 1980s | +69.1% | 6.01% | +103.1% | 8.19% |
| 1990s | +60.5% | 5.40% | +19.1% | 1.96% |
| 2000s | +32.9% | 3.21% | +30.6% | 3.01% |
| 2010s | +15.2% | 1.58% | +19.8% | 2.03% |
| 2020s | +25.0% | 5.73% | +20.1% | 3.72% |
The inflation gap between South Korea and Australia widened to 5.1 percentage points from 2000 to 2026.
₩100 in South Korea in 2000 lost roughly the same relative value as $97.17 in Australia.
South Korea's highest annual inflation was 11.2% in 2024; Australia's was 7.8% in 2022.
Frequently Asked Questions
Which had higher inflation, South Korea or Australia?
Between 2000 and 2026, South Korea had higher cumulative inflation (80.81%) than Australia (75.69%), according to World Bank CPI data.
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.
What was cumulative inflation in Australia from 2000 to 2026?
Prices in Australia rose 75.69% cumulatively, an average of 2.28% per year.
More Popular Comparisons
Calculate Individually
Between 2000 and 2026, Australia had lower cumulative inflation (75.7%) than South Korea (80.8%).