Thailand vs South Korea: Inflation Comparison

Compare cumulative inflation, annual rates and purchasing power between Thailand and South Korea from 2000 to 2026, based on World Bank CPI data.

Cumulative inflation in Thailand was 59.0% 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%.

VS

Thailand

THB
+59.0% Total Inflation
1.95% Avg Annual Rate
-37.1% Purchasing Power Lost
VS

South Korea

KRW
+80.8% Total Inflation
2.50% Avg Annual Rate
-44.7% Purchasing Power Lost
🏆
Thailand had lower cumulative inflation — 21.8 percentage points less than the other country.

CPI Comparison Chart

Year-by-Year Comparison

Year Thailand CPI Thailand (Change) South Korea CPI South Korea (Change)
2000 77.35 - 73.11 -
2001 78.61 +1.6% 76.09 +4.1%
2002 79.16 +0.7% 78.19 +2.8%
2003 80.59 +1.8% 80.94 +3.5%
2004 82.81 +2.8% 83.84 +3.6%
2005 86.57 +4.5% 86.15 +2.8%
2006 90.59 +4.6% 88.08 +2.2%
2007 92.62 +2.2% 90.32 +2.5%
2008 97.68 +5.5% 94.54 +4.7%
2009 96.85 -0.8% 97.14 +2.8%
2010 100.00 +3.2% 100.00 +2.9%
2011 103.81 +3.8% 104.03 +4.0%
2012 106.94 +3.0% 106.30 +2.2%
2013 109.28 +2.2% 107.68 +1.3%
2014 111.35 +1.9% 109.06 +1.3%
2015 110.34 -0.9% 109.83 +0.7%
2016 110.55 +0.2% 110.89 +1.0%
2017 111.29 +0.7% 113.05 +1.9%
2018 112.47 +1.1% 114.72 +1.5%
2019 113.27 +0.7% 115.16 +0.4%
2020 112.31 -0.8% 105.77 -8.2%
2021 113.69 +1.2% 109.68 +3.7%
2022 111.86 -1.6% 115.20 +5.0%
2023 121.34 +8.5% 118.85 +3.2%
2024 123.00 +1.4% 132.20 +11.2%

Inflation by Decade: Thailand vs South Korea

Year-by-year CPI and inflation for Thailand and South Korea, 2000–2026
Year Thailand (Total Inflation) Thailand (Avg Annual Rate) South Korea (Total Inflation) South Korea (Avg Annual Rate)
1960s +25.2% 2.53% +214.4% 13.57%
1970s +111.8% 8.69% +250.4% 14.95%
1980s +45.1% 4.22% +69.1% 6.01%
1990s +53.0% 4.84% +60.5% 5.40%
2000s +25.2% 2.53% +32.9% 3.21%
2010s +13.3% 1.39% +15.2% 1.58%
2020s +9.5% 2.30% +25.0% 5.73%

The inflation gap between Thailand and South Korea widened to 21.8 percentage points from 2000 to 2026.

฿100 in Thailand in 2000 lost roughly the same relative value as ₩113.71 in South Korea.

Thailand's highest annual inflation was 8.5% in 2023; South Korea's was 11.2% in 2024.

Frequently Asked Questions

Which had higher inflation, Thailand or South Korea?

Between 2000 and 2026, South Korea had higher cumulative inflation (80.81%) than Thailand (59.01%), according to World Bank CPI data.

What was cumulative inflation in Thailand from 2000 to 2026?

Prices in Thailand rose 59.01% cumulatively, an average of 1.95% 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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Between 2000 and 2026, Thailand had lower cumulative inflation (59.0%) than South Korea (80.8%).