Deposit Interest Rate in South Korea decreased to 1.02 percent in June from 1.19 percent in May of 2020.

Deposit Interest Rate in South Korea averaged 5.02 percent from 1980 until 2020, reaching an all time high of 19.50 percent in December of 1980 and a record low of 1.02 percent in June of 2020. This page includes a chart with historical data for Deposit Interest Rate in South Korea. Deposit Interest Rate in South Korea - values, historical data and charts - was last updated on September of 2020. source: IMF

Deposit Interest Rate in South Korea is expected to be 1.37 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 1.37 in 12 months time. In the long-term, the Deposit Interest Rate in South Korea is projected to trend around 1.37 percent in 2021 and 2.12 percent in 2022, according to our econometric models.

Ok
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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Deposit Interest Rate in South Korea

Actual Previous Highest Lowest Dates Unit Frequency
1.02 1.19 19.50 1.02 1980 - 2020 percent Monthly

South Korea Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 5.25 0.50 percent [+]
Money Supply M0 127123900.00 125460500.00 127123900.00 11200.00 KRW Million [+]
Money Supply M1 1091252.40 1079379.10 1091252.40 260.40 KRW Billion [+]
Interbank Rate 0.66 0.66 6.14 0.57 percent [+]
Money Supply M2 3097825.00 3077154.10 3097825.00 590.60 KRW Billion [+]
Money Supply M3 4351323.80 4319345.50 4351323.80 57007.90 KRW Billion [+]
Foreign Exchange Reserves 418950.00 416530.00 416530.00 564.50 USD Million [+]
Loans to Private Sector 9610015.00 9550666.00 9610015.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 1.02 1.19 19.50 1.02 percent [+]
Private Debt To GDP 260.80 253.30 260.80 237.30 percent [+]
Lending Rate 1.50 1.50 2.50 1.50 percent [+]
Central Bank Balance Sheet 529853.20 566929.80 566929.80 310.30 KRW Billion [+]
Foreign Stock Investment 702507.40 620784.20 777115.40 34948.20 USD Million [+]


Deposit Interest Rate in South Korea
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.