Korea - Deposit interest rate
Deposit interest rate (%)
The value for Deposit interest rate (%) in Korea was 1.20 as of 2021. As the graph below shows, over the past 25 years this indicator reached a maximum value of 13.29 in 1998 and a minimum value of 1.16 in 2020.
Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1996 | 10.11 |
| 1997 | 10.81 |
| 1998 | 13.29 |
| 1999 | 7.95 |
| 2000 | 7.94 |
| 2001 | 5.79 |
| 2002 | 4.95 |
| 2003 | 4.25 |
| 2004 | 3.87 |
| 2005 | 3.72 |
| 2006 | 4.50 |
| 2007 | 5.17 |
| 2008 | 5.87 |
| 2009 | 3.48 |
| 2010 | 3.86 |
| 2011 | 4.15 |
| 2012 | 3.70 |
| 2013 | 2.89 |
| 2014 | 2.54 |
| 2015 | 1.81 |
| 2016 | 1.56 |
| 2017 | 1.67 |
| 2018 | 2.03 |
| 2019 | 1.85 |
| 2020 | 1.16 |
| 2021 | 1.20 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Interest rates
