Deposit Interest Rate in South Korea decreased to 2.06 percent in March from 2.07 percent in February of 2019. Deposit Interest Rate in South Korea averaged 5.20 percent from 1980 until 2019, reaching an all time high of 19.50 percent in December of 1980 and a record low of 1.37 percent in August of 2016.

Deposit Interest Rate in South Korea is expected to be 1.92 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in South Korea to stand at 2.20 in 12 months time. In the long-term, the Deposit Interest Rate in South Korea is projected to trend around 2.17 percent in 2020, according to our econometric models.

Deposit Interest Rate in South Korea
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South Korea Money Last Previous Highest Lowest Unit
Interest Rate 1.75 1.75 5.25 1.25 percent [+]
Money Supply M0 106778700.00 106446800.00 107603500.00 11200.00 KRW Million [+]
Money Supply M1 876452.00 866253.20 876452.00 260.40 KRW Billion [+]
Interbank Rate 1.70 1.71 6.14 1.27 percent [+]
Money Supply M2 2777182.70 2757251.00 2777182.70 590.60 KRW Billion [+]
Money Supply M3 3954993.50 3918276.30 3954993.50 57007.90 KRW Billion [+]
Foreign Exchange Reserves 401970.00 404030.00 405510.00 564.50 USD Million [+]
Loans to Private Sector 8497822.00 8437654.00 8497822.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 2.06 2.07 19.50 1.37 percent [+]
Private Debt To GDP 253.30 254.90 254.90 237.30 percent [+]
Central Bank Balance Sheet 496831.40 501158.80 510090.10 310.30 KRW Billion [+]
Foreign Stock Investment 697567.10 668173.70 742733.30 349.48 USD Hundreds of Millions [+]


Deposit Interest Rate in South Korea

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in South Korea. Deposit Interest Rate in South Korea - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.06 2.07 19.50 1.37 1980 - 2019 percent Monthly




Country Last Previous
Argentina 50.27 Jun/19
Turkey 22.50 Jun/19
South Africa 7.17 Apr/19
Brazil 6.19 Mar/19
Russia 5.82 Apr/19
Indonesia 5.25 May/19
Mexico 3.72 Mar/19
Saudi Arabia 3.40 Jun/19
South Korea 2.06 Mar/19
Australia 1.85 May/19
Canada 1.81 Jun/19
United Kingdom 0.50 May/19
China 0.35 May/19
Singapore 0.20 Apr/19
Japan -0.23 Jun/19
Switzerland -0.31 Apr/19
Euro Area -0.40 Jun/19


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