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.
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* indicates monthly or quarterly data series
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Measure: percent
Source: Bank of Korea
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.