Deposit Interest Rate in South Korea
Deposit Interest Rate in South Korea
| Indicator | Data | Period |
|---|---|---|
| Deposit Interest Rate | 3.81 % | Jul/23 |
Latest data on Deposit Interest Rate (%)
What is average deposit bank interest rate in South Korea?
- Bank Deposit Interest Rate in South Korea increased to 3.81 % in July 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
| 3.81 | Jul/23 | 02.10.2023 |
| 3.61 | May/23 | 08.08.2023 |
| 3.52 | Apr/23 | 14.07.2023 |
| 3.69 | Mar/23 | 13.06.2023 |
| 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 |
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 | Aug/23 | 5.1 % | 5.11 |
| Interbank Rate | Oct/23 | 3.88 % | 3.88 |
| Interest Rate | Sep/23 | 3.5 % | 3.5 |
| Loans to Private Sector | Aug/23 | 916.802 B USD | 910.694 |
| Money Supply M1 | Jul/23 | 892.317 B USD | 892.254 |
| Central Bank Balance Sheet | Jul/23 | 404.205 B USD | 428.042 |
| Foreign Direct Investment | 3Q/23 | 6.855 B USD | 11.459 |
Deposit Interest Rate in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | 5.42 % | 5.05 |
| Jordan | Aug/23 | 5.81 % | 5.69 |
| Kyrgyzstan | 2022 | 3.29 % | 3.68 |
| Mongolia | Aug/23 | 11.16 % | 10.99 |
| Tajikistan | 2019 | 5.2 % | 3.8 |
| Cambodia | 2023 | 1.58 % | 1.5 |
| China | Sep/23 | 0.35 % | 0.35 |
| Georgia | Jul/23 | 11.38 % | 11.69 |
| Israel | 2023 | 4.86 % | 4.86 |
| Pakistan | Dec/21 | 7.25 % | 5.97 |
| South Korea | Jul/23 | 3.81 % | 3.77 |
| Vietnam | 2022 | 3.56 % | 3.38 |
| Maldives | 2023 | 1.5 % | 1.5 |
| Armenia | Sep/23 | 8.25 % | 8.75 |
| Indonesia | Sep/23 | 5 % | 5 |
| Japan | Oct/23 | -0.23 % | -0.23 |
| Lebanon | 2023 | 0.84 % | 0.59 |
| Malaysia | 2022 | 1.95 % | 1.56 |
| Philippines | Sep/23 | 5.75 % | 5.75 |
| Qatar | Sep/23 | 5.75 % | 5.75 |
| 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 | Oct/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 |
