Deposit Interest Rate in South Korea decreased to 1.81 percent in July from 1.90 percent in June of 2019. Deposit Interest Rate in South Korea averaged 5.16 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 2.20 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 1.97 in 12 months time. In the long-term, the Deposit Interest Rate in South Korea is projected to trend around 1.97 percent in 2020, according to our econometric models.

Deposit Interest Rate in South Korea
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


South Korea Money Last Previous Highest Lowest Unit
Interest Rate 1.25 1.50 5.25 1.25 percent [+]
Money Supply M0 108977000.00 107864800.00 108977000.00 11200.00 KRW Million [+]
Money Supply M1 887394.70 882804.20 887394.70 260.40 KRW Billion [+]
Interbank Rate 1.42 1.42 6.14 1.27 percent [+]
Money Supply M2 2839136.80 2815403.80 2839136.80 590.60 KRW Billion [+]
Money Supply M3 4037617.80 4017137.40 4037617.80 57007.90 KRW Billion [+]
Foreign Exchange Reserves 403320.00 401483.50 405513.20 564.50 USD Million [+]
Loans to Private Sector 8617722.00 8568427.00 8617722.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 1.81 1.90 19.50 1.37 percent [+]
Private Debt To GDP 260.80 253.30 260.80 237.30 percent [+]
Lending Rate 2.25 2.25 2.50 2.25 percent [+]
Central Bank Balance Sheet 500875.30 495882.70 510090.10 310.30 KRW Billion [+]
Foreign Stock Investment 708835.90 697567.10 776917.60 34948.20 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.81 1.90 19.50 1.37 1980 - 2019 percent Monthly




Country Last Previous
Argentina 53.07 Oct/19
Turkey 15.00 Sep/19
South Africa 6.98 Aug/19
Russia 5.27 Aug/19
Brazil 5.14 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.70 Jul/19
Saudi Arabia 3.40 Oct/19
Canada 1.83 Oct/19
South Korea 1.81 Jul/19
Australia 1.35 Sep/19
United Kingdom 0.50 Sep/19
China 0.35 Sep/19
Singapore 0.20 Aug/19
Japan -0.41 Oct/19
Switzerland -0.41 Aug/19
Euro Area -0.50 Sep/19


Related

Latest