South Korea vs New Zealand: Inflation Comparison
Compare cumulative inflation, annual rates and purchasing power between South Korea and New Zealand 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 New Zealand was 72.5%.
South Korea
KRWNew Zealand
NZDCPI Comparison Chart
Year-by-Year Comparison
| Year | South Korea CPI | South Korea (Change) | New Zealand CPI | New Zealand (Change) |
|---|---|---|---|---|
| 2000 | 73.11 | - | 77.00 | - |
| 2001 | 76.09 | +4.1% | 79.02 | +2.6% |
| 2002 | 78.19 | +2.8% | 81.14 | +2.7% |
| 2003 | 80.94 | +3.5% | 82.56 | +1.8% |
| 2004 | 83.84 | +3.6% | 84.45 | +2.3% |
| 2005 | 86.15 | +2.8% | 87.01 | +3.0% |
| 2006 | 88.08 | +2.2% | 89.94 | +3.4% |
| 2007 | 90.32 | +2.5% | 92.08 | +2.4% |
| 2008 | 94.54 | +4.7% | 95.72 | +4.0% |
| 2009 | 97.14 | +2.8% | 97.75 | +2.1% |
| 2010 | 100.00 | +2.9% | 100.00 | +2.3% |
| 2011 | 104.03 | +4.0% | 104.03 | +4.0% |
| 2012 | 106.30 | +2.2% | 105.13 | +1.1% |
| 2013 | 107.68 | +1.3% | 106.32 | +1.1% |
| 2014 | 109.06 | +1.3% | 107.63 | +1.2% |
| 2015 | 109.83 | +0.7% | 107.94 | +0.3% |
| 2016 | 110.89 | +1.0% | 108.64 | +0.6% |
| 2017 | 113.05 | +1.9% | 110.65 | +1.9% |
| 2018 | 114.72 | +1.5% | 112.42 | +1.6% |
| 2019 | 115.16 | +0.4% | 114.24 | +1.6% |
| 2020 | 105.77 | -8.2% | 108.26 | -5.2% |
| 2021 | 109.68 | +3.7% | 114.70 | +5.9% |
| 2022 | 115.20 | +5.0% | 122.98 | +7.2% |
| 2023 | 118.85 | +3.2% | 128.71 | +4.7% |
| 2024 | 132.20 | +11.2% | 131.57 | +2.2% |
| 2025 | - | - | 132.80 | +0.9% |
Inflation by Decade: South Korea vs New Zealand
| Year | South Korea (Total Inflation) | South Korea (Avg Annual Rate) | New Zealand (Total Inflation) | New Zealand (Avg Annual Rate) |
|---|---|---|---|---|
| 1960s | +214.4% | 13.57% | +36.0% | 3.48% |
| 1970s | +250.4% | 14.95% | +177.0% | 11.98% |
| 1980s | +69.1% | 6.01% | +159.8% | 11.19% |
| 1990s | +60.5% | 5.40% | +16.0% | 1.66% |
| 2000s | +32.9% | 3.21% | +27.0% | 2.69% |
| 2010s | +15.2% | 1.58% | +14.2% | 1.49% |
| 2020s | +25.0% | 5.73% | +22.7% | 4.17% |
The inflation gap between South Korea and New Zealand widened to 8.3 percentage points from 2000 to 2026.
₩100 in South Korea in 2000 lost roughly the same relative value as $95.39 in New Zealand.
South Korea's highest annual inflation was 11.2% in 2024; New Zealand's was 7.2% in 2022.
Frequently Asked Questions
Which had higher inflation, South Korea or New Zealand?
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 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 New Zealand from 2000 to 2026?
Prices in New Zealand rose 72.47% cumulatively, an average of 2.2% 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%).