South Korea: Deposit interest rate

* indicates monthly or quarterly data series
 South Korea

Bank deposit interest rate, percent

 Latest value 3.95
 Reference September 2023
 Measure percent
 Data availability January 2000 - September 2023
 Average 3.55
 Min - Max 1.3 - 7.8
 Source Bank of Korea

For that indicator, we provide data for South Korea from January 2000 to September 2023. The average value for South Korea during that period was 3.55 percent with a minimum of 1.3 percent in March 2020 and a maximum of 7.8 percent in March 2000. Click on the following link to see the values of Bank deposit interest rate, percent around the world.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
South Korea - Deposit interest rate - recent values

Historical chart
South Korea - Deposit interest rate - historical chart - 2000-2023
Measure: percent
Source: Bank of Korea



Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
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