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Bank of South Korea Interest Rate

Interest Rate in South Korea

Indicator Data Period
Interest Rate 3.5 % Sep/23


Latest data on Interest Rate (%)

Interest Rate
                     South Korea - Historical Data (%)

What is Bank of South Korea Interest Rate?

  • Interest Rate in South Korea remained unchanged at 3.5 % in September 2023. The maximum level was 5.25 % and minimum was 0.5 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
3.5 Sep/23 19.09.2023
3.5 Aug/23 24.08.2023
3.5 Jul/23 14.07.2023
3.5 Jun/23 28.06.2023
3.5 May/23 25.05.2023
3.5 Apr/23 11.04.2023
3.5 Feb/23 23.02.2023
3.5 Jan/23 13.01.2023


Historical Chart by presidents (%)

Interest 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 - 1.2500 1.5000 1.5000 1.0000 20.00%
Park Geun-hye 25.02.2013 - 10.05.2017 2.7500 1.2500 2.7500 1.2500 -54.55%
Lee Myung-bak 25.02.2008 - 25.02.2013 5.0000 2.7500 5.2500 2.0000 -45.00%
Roh Moo-hyun 25.02.2003 - 25.02.2008 4.2500 5.0000 5.0000 3.2500 17.65%
Kim Dae-jung 25.02.1998 - 25.02.2003 4.7500 4.2500 5.2500 4.0000 -10.53%

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
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
Deposit Interest Rate Jul/23 3.81 % 3.77
Foreign Direct Investment 3Q/23 6.855 B USD 11.459

Interest Rate in other countries

Country Updated Actual Previous
Bangladesh Sep/23 6.5 % 6.5
Jordan Jul/23 7.5 % 7.25
Kyrgyzstan Aug/23 13 % 13
Mongolia Sep/23 13 % 13
Nepal Sep/23 7.5 % 7.5
Tajikistan Aug/23 10 % 10
Cambodia 0.5 0.8 % 0.83
China Oct/23 3.45 % 3.45
Georgia Sep/23 10 % 10.25
India Oct/23 6.5 % 6.5
Israel Sep/23 4.75 % 4.75
Pakistan Sep/23 22 % 22
South Korea Sep/23 3.5 % 3.5
Taiwan Sep/23 1.88 % 1.88
Vietnam Sep/23 4.5 % 4.5
Maldives Sep/23 7 % 7
Armenia Sep/23 9.75 % 9.75
Hong Kong Sep/23 5.75 % 5.75
Indonesia Sep/23 5.75 % 5.75
Japan Sep/23 -0.1 % -0.1
Kazakhstan Oct/23 16 % 16.5
Lebanon Aug/23 7.75 % 7.75
Macau Aug/23 5.75 % 5.75
Malaysia Sep/23 3 % 3
Philippines Sep/23 6.25 % 6.25
Qatar Aug/23 6.25 % 6.25
Singapore Oct/23 3.75 % 3.75
Sri Lanka Oct/23 10 % 11
Thailand Sep/23 2.5 % 2.25
Oman Aug/23 6 % 6
Iran Jan/23 18 % 18
Laos Sep/23 7.5 % 7.5
Azerbaijan Sep/23 9 % 9
Kuwait Aug/23 4.25 % 4.25
Saudi Arabia Aug/23 6 % 6
Bahrain Aug/23 6.25 % 6.25
United Arab Emirates Sep/23 5.4 % 5.4
Yemen May/22 27 % 27
Uzbekistan Sep/23 14 % 14
Iraq Jul/23 7.5 % 7.5
Bhutan Sep/23 6.85 % 6.88
Brunei Jul/23 5.5 % 5.5
Mauritius Sep/23 4.5 % 4.5