South Korea Interest Rates
Korea Deposit Interest Rate
KR: Deposit Interest Rate data was reported at 1.670 % pa in 2017. This records an increase from the previous number of 1.558 % pa for 2016. KR: Deposit Interest Rate data is updated yearly, averaging 4.152 % pa from Dec 1997 to 2017, with 21 observations. The data reached an all-time high of 13.287 % pa in 1998 and a record low of 1.558 % pa in 2016. KR: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 1.67 2017 | yearly | 1997 - 2017 |
View South Korea's Korea Deposit Interest Rate from 1997 to 2017 in the chart:
Korea Interest Rate Spread
KR: Interest Rate Spread data was reported at 1.807 % pa in 2017. This records a decrease from the previous number of 1.810 % pa for 2016. KR: Interest Rate Spread data is updated yearly, averaging 1.728 % pa from Dec 1997 to 2017, with 21 observations. The data reached an all-time high of 2.167 % pa in 2009 and a record low of 0.607 % pa in 2000. KR: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;
| Last | Frequency | Range |
|---|---|---|
| 1.81 2017 | yearly | 1997 - 2017 |
View South Korea's Korea Interest Rate Spread from 1997 to 2017 in the chart:
Korea Lending Interest Rate
KR: Lending Interest Rate data was reported at 3.477 % pa in 2017. This records an increase from the previous number of 3.368 % pa for 2016. KR: Lending Interest Rate data is updated yearly, averaging 5.904 % pa from Dec 1997 to 2017, with 21 observations. The data reached an all-time high of 15.279 % pa in 1998 and a record low of 3.368 % pa in 2016. KR: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 3.48 2017 | yearly | 1997 - 2017 |
View South Korea's Korea Lending Interest Rate from 1997 to 2017 in the chart:
Korea Real Interest Rate
KR: Real Interest Rate data was reported at 1.185 % pa in 2017. This records a decrease from the previous number of 1.363 % pa for 2016. KR: Real Interest Rate data is updated yearly, averaging 3.915 % pa from Dec 1997 to 2017, with 21 observations. The data reached an all-time high of 10.707 % pa in 1999 and a record low of 1.112 % pa in 2015. KR: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;
| Last | Frequency | Range |
|---|---|---|
| 1.53 2016 | yearly | 1997 - 2016 |