Deposit Interest Rate in South Korea

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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South Korea Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	1.75	1.50	5.25	1.25	percent	[+]
Money Supply M0	102124400.00	103503900.00	103503900.00	11200.00	KRW Million	[+]
Money Supply M1	845102.00	846035.30	849972.70	260.40	KRW Billion	[+]
Interbank Rate	1.89	1.89	6.14	1.27	percent	[+]
Money Supply M2	2678764.50	2646433.20	2678764.50	590.60	KRW Billion	[+]
Money Supply M3	3769240.30	3734950.80	3769240.30	57007.90	KRW Billion	[+]
Foreign Exchange Reserves	402990.00	402750.00	402999.70	564.50	USD Million	[+]
Loans to Private Sector	8308592.00	8260318.00	8308592.00	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	497540.60	497407.40	510090.10	310.30	KRW Billion	[+]
Foreign Stock Investment	742733.30	7302.78	742733.30	349.48	USD Hundreds of Millions	[+]

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 December of 2018.

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

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Country	Last		Previous	Range
Turkey	22.50	Dec/18	22.5	398 : 1.5	%
Argentina	21.55	Dec/17	18.95	17236 : 3.01	%
Brazil	8.51	Dec/17	12.4	9394 : 7.81	%
South Africa	7.25	Dec/17	7.17	18.86 : 5.15	%
Indonesia	5.25	Nov/18	5	56 : 3	%
Russia	5.21	Sep/18	5.04	102 : 5	%
Saudi Arabia	3.13	Dec/18	3.13	9.04 : 0.5	%
Mexico	2.70	Dec/17	1.29	94.96 : 0.59	%
Australia	1.90	Nov/18	1.9	17.25 : 1.9	%
South Korea	1.67	Dec/17	1.56	19.5 : 1.56	%
United Kingdom	0.50	Sep/18	0.5	4.25 : 0	%
China	0.35	Nov/18	0.35	3.15 : 0.35	%
Japan	0.32	Dec/17	0.3	5.5 : 0.04	%
Singapore	0.14	Dec/17	0.19	10.71 : 0.14	%
Canada	0.10	Dec/17	0.1	15.96 : 0.05	%
Switzerland	-0.32	Oct/18	-0.32	9.75 : -0.34	%
Euro Area	-0.40	Dec/18	-0.4	3.75 : -0.4	%