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South Korea Bank Lending Rate

Bank Lending Rate in South Korea

Indicator Data Period
Bank Lending Rate 5.56 % Dec/22


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     South Korea - Historical Data (%)

What is South Korea Bank Lending Rate?

  • Bank Lending Rate in South Korea decreased to 5.56 % in December 2022. The maximum level was 17.01 % and minimum was 2.63 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
5.56 Dec/22 27.01.2023
5.64 Nov/22 30.12.2022
5.26 Oct/22 29.11.2022
4.71 Sep/22 29.10.2022
4.52 Aug/22 01.10.2022
4.21 Jul/22 03.09.2022
3.9 Jun/22 30.07.2022
3.68 May/22 02.07.2022


Historical Chart by presidents (%)

Bank Lending Rate in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 3.4500 3.6500 3.6900 3.4300 5.80%
Park Geun-hye 25.02.2013 - 10.05.2017 4.9100 3.4200 4.9100 3.2300 -30.35%
Lee Myung-bak 25.02.2008 - 25.02.2013 6.9000 5.0000 7.7900 4.8400 -27.54%
Roh Moo-hyun 25.02.2003 - 25.02.2008 6.3900 7.2500 7.2500 5.4900 13.46%
Kim Dae-jung 25.02.1998 - 25.02.2003 16.8600 6.5100 17.0000 6.5100 -61.39%
Kim Youngs-am 25.02.1993 - 25.02.1998 11.4300 17.0100 17.0100 10.9900 48.82%

Other money indicators in South Korea

Index Updated Actual Previous
Interbank Rate Feb/23 3.51 % 3.51
Interest Rate Jan/23 3.5 % 3.25
Loans to Private Sector Dec/22 937.591 B USD 945.086
Money Supply M1 Nov/22 1000.959 B USD 1028.735
Central Bank Balance Sheet Nov/22 468.09 B USD 467.535
Deposit Interest Rate Oct/22 4.52 % 3.84
Foreign Direct Investment 4Q/22 8.931 B USD 10.437

Bank Lending Rate in other countries

Country Updated Actual Previous
Jordan Nov/22 10.52 % 10.17
China Feb/23 2.75 % 2.75
India Jan/23 9.4 % 8.8
Israel Oct/22 4.74 % 4.33
South Korea Dec/22 5.56 % 5.64
Taiwan Dec/22 2.84 % 2.84
Hong Kong Jan/23 5.63 % 5.63
Japan Jan/23 1.4 % 1.25
Malaysia Dec/22 5.01 % 4.8
Philippines Dec/19 6.54 % 6.77
Singapore Jun/21 5.25 % 5.25
Sri Lanka Dec/22 27.24 % 27.89
Thailand Dec/22 6 % 6
Kuwait 3Q/22 4.02 % 3.74
Bahrain Sep/22 5.29 % 4.96
Mauritius Dec/22 9.5 % 9