South Korea: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 2.72 percent as of April 2025, a decline compared to the previous value of 2.86 percent. Historically, the average for South Korea from January 2000 to April 2025 is 3.55 percent. The minimum of 1.3 percent was recorded in March 2020, while the maximum of 7.8 percent was reached in March 2000.
Click on the following link to see the values of: Deposit interest rate around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Korea
| Recent values | South Korea: Bank deposit interest rate, percent |
|---|---|
| 2025 Apr | 2.72 |
| 2025 Mar | 2.86 |
| 2025 Feb | 3.01 |
| 2025 Jan | 3.13 |
| 2024 Dec | 3.3 |
| 2024 Nov | 3.45 |
| 2024 Oct | 3.46 |
| 2024 Sep | 3.49 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.6 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 1,315.7894 | 5/2025 | Local Currency Units per USD |
| Money supply (broad money) | 4,228,250.50 | 3/2025 | billion |
| Consumer Price Index (CPI) | 116.2700 | 5/2025 | index points |
| Inflation, monthly | -0.09 | 5/2025 | percent |
| Inflation, annual | 1.90 | 5/2025 | percent |
| Private sector credit | 3,407,758.80 | 3/2025 | billion |
| Business credit | 2,052,856.90 | 3/2025 | billion |
| Household credit | 1,354,901.90 | 3/2025 | billion |
| Mortgage credit | 739,367.30 | 3/2025 | billion |
| Consumer credit | 615,534.60 | 3/2025 | billion |
| Deposit interest rate | 2.72 | 4/2025 | percent |
| Business credit interest rate | 4.14 | 4/2025 | percent |
| Mortgage credit interest rate | 3.98 | 4/2025 | percent |
| Policy rate | 2.75 | 4/2025 | percent |
| Household debt to GDP | 90.70 | 9/2024 | percent |
| Debt service ratios for private non-financial sector | 20.30 | Q3/2024 | percent |