Deposit Interest Rate in South Korea increased to 1.67 percent in 2017 from 1.56 percent in 2016. Deposit Interest Rate in South Korea averaged 7.32 percent from 1980 until 2017, reaching an all time high of 19.50 percent in 1980 and a record low of 1.56 percent in 2016.

Deposit Interest Rate in South Korea is expected to be 1.56 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in South Korea is projected to trend around 2.31 percent in 2020, according to our econometric models.


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Deposit Interest Rate in South Korea
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South Korea Money Last Previous Highest Lowest Unit
Interest Rate 1.50 1.50 5.25 1.25 percent [+]
Interbank Rate 1.80 1.80 6.14 1.27 percent [+]
Money Supply M0 103503900.00 99560500.00 103503900.00 11200.00 KRW Million [+]
Money Supply M1 846035.30 845314.80 849972.70 260.40 KRW Billion [+]
Money Supply M2 2646433.20 2642293.00 2646433.20 590.60 KRW Billion [+]
Money Supply M3 3734950.80 3725804.50 3734950.80 57007.90 KRW Billion [+]
Foreign Exchange Reserves 402750.00 402999.70 402999.70 564.50 USD Million [+]
Loans to Private Sector 8260318.00 8214650.00 8260318.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 1.67 1.56 19.50 1.56 percent [+]
Private Debt To GDP 253.30 254.90 254.90 237.30 percent [+]
Central Bank Balance Sheet 497407.40 502618.70 510090.10 310.30 KRW Billion [+]
Foreign Stock Investment 7302.78 7782.51 7782.51 349.48 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.67 1.56 19.50 1.56 1980 - 2017 percent Yearly




Country Last
Turkey 22.50 Oct/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Indonesia 5.25 Nov/18
Russia 5.21 Sep/18
Saudi Arabia 3.13 Nov/18
Mexico 2.70 Dec/17
Australia 1.90 Oct/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Sep/18
China 0.35 Oct/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Sep/18
Euro Area -0.40 Oct/18


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