South Korea: Business credit interest rate

(measure: percent, source: Bank of Korea)
* indicates monthly or quarterly data series

Business credit interest rate, percent in South Korea, January 1996 - April 2022:

For that indicator, we provide data for South Korea from January 1996 to April 2022. The average value for South Korea during that period was 6.19 percent with a minimum of 2.67 percent in May 2021 and a maximum of 17.44 percent in January 1998. Click on the following link to see the values of Business credit interest rate, percent around the world.
Select indicator
* indicates monthly or quarterly data series


Recent values


Longer historical series
Measure: percent
Source: Bank of Korea



Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.
This site uses cookies.
Learn more here


OK