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Deposit Interest Rate in South Korea

Deposit Interest Rate in South Korea

Indicator Data Period
Deposit Interest Rate 3.72 % Feb/23


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     South Korea - Historical Data (%)

What is average deposit bank interest rate in South Korea?

  • Bank Deposit Interest Rate in South Korea decreased to 3.72 % in February 2023. The maximum rate was 19.5 % and minimum was 0.91 %.
  • Data published Monthly by World Bank.

Historical Data (%) by years

Data
Period
Date
3.72 Feb/23 16.05.2023
4.16 Jan/23 18.04.2023
4.64 Dec/22 20.03.2023
4.96 Nov/22 22.02.2023
4.52 Oct/22 24.01.2023
3.84 Sep/22 06.12.2022
3.36 Aug/22 05.11.2022
3.34 Jul/22 08.10.2022


Historical Chart by presidents (%)

Deposit Interest Rate in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in South Korea

Index Updated Actual Previous
Bank Lending Rate Apr/23 5.01 % 5.17
Interbank Rate Jun/23 3.77 % 3.77
Interest Rate May/23 3.5 % 3.5
Loans to Private Sector May/23 932.443 B USD 926.398
Money Supply M1 Mar/23 930.113 B USD 927.399
Central Bank Balance Sheet Mar/23 457.13 B USD 445.565
Foreign Direct Investment 1Q/23 5.633 B USD 8.931

Deposit Interest Rate in other countries

Country Updated Actual Previous
Bangladesh 2022 5.42 % 5.05
Jordan Apr/23 5.24 % 5.12
Kyrgyzstan 2022 3.29 % 3.68
Mongolia Apr/23 10.65 % 10.55
Tajikistan 2019 5.2 % 3.8
Cambodia 2022 1.47 % 1.16
China Apr/23 0.35 % 0.35
Georgia Apr/23 11.85 % 11.8
Israel 2023 3.82 % 3.3
Pakistan Dec/21 7.25 % 5.97
South Korea Feb/23 3.72 % 4.16
Vietnam 2022 3.56 % 3.38
Maldives 2023 1.5 % 1.5
Armenia May/23 9.25 % 9.25
Indonesia May/23 5 % 5
Japan Jun/23 -0.14 % -0.14
Lebanon 2023 0.63 % 0.71
Malaysia 2022 1.95 % 1.56
Philippines May/23 5.75 % 5.75
Qatar May/23 5.25 % 5.25
Singapore Jun/21 0.12 % 0.12
Sri Lanka Jun/20 5.5 % 5.5
Thailand 2022 0.51 % 0.41
Oman 2021 4.15 % 4.03
Azerbaijan 2022 8.98 % 8.71
Kuwait 2022 1.6 % 1.4
Saudi Arabia Jun/23 3.7 % 3.7
Syria 2010 6.22 % 6.35
Bhutan 2021 3 % 3
Brunei 2022 0.14 % 0.14
Mauritius 2022 1.22 % 0.71