Inflation calculator · South Korea
What an amount from any year since 2006 is worth today, from the official consumer price index.
Kept as cash, ₩1,000,000 from 2016 buys what ₩805,802 bought then. Official consumer price index; 2026 is an estimate.
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Inflation in South Korea since 2006: what your money is worth today
Inflation means the same amount of money buys less over time. The calculator above uses the official consumer price index to show what an amount from any year since 2006 is worth today, and compares it with other countries.
What ₩1,000,000 from each year is worth in 2026
| From | Prices since then | ₩1,000,000 then is like … today | ₩1,000,000 kept since then buys |
|---|---|---|---|
| 2006 | +56.3% | ₩1,563,000 | ₩639,795 |
| 2008 | +45.6% | ₩1,456,000 | ₩686,813 |
| 2010 | +37.7% | ₩1,377,000 | ₩726,216 |
| 2012 | +29.5% | ₩1,295,000 | ₩772,201 |
| 2014 | +26.2% | ₩1,262,000 | ₩792,393 |
| 2016 | +24.1% | ₩1,241,000 | ₩805,802 |
| 2018 | +20.0% | ₩1,200,000 | ₩833,333 |
| 2020 | +18.9% | ₩1,189,000 | ₩841,043 |
| 2021 | +16.0% | ₩1,160,000 | ₩862,069 |
| 2022 | +10.4% | ₩1,104,000 | ₩905,797 |
| 2023 | +6.5% | ₩1,065,000 | ₩938,967 |
| 2024 | +4.1% | ₩1,041,000 | ₩960,615 |
| 2025 | +2.0% | ₩1,020,000 | ₩980,392 |
National consumer price index; 2026 is an estimate. The highest yearly inflation in this period was 5.1% in 2022.
Frequently asked questions
What is ₩1,000,000 from 2016 worth today?
About ₩1,241,000 in 2026 money: prices rose 24.1%. Kept as cash, ₩1,000,000 from 2016 buys what ₩805,802 bought then.
What was the highest inflation in South Korea since 2006?
5.1% in 2022.
Rules and official sources: see “Rules applied (2026)” in the calculator. Last checked: October 2026. Estimates for information, not financial advice.
Other questions about pay in South Korea: What is my hourly wage? · What is the minimum wage after tax? · What do I take home part-time? · How much unemployment benefit would I get? · How much notice must my employer give? · When can I retire?