
South Korea: Deposit interest rate
(measure: percent, source: Bank of Korea)
* indicates monthly or quarterly data series
Bank deposit interest rate, percent in South Korea, July 1996 - April 2022:
For that indicator, we provide data for South Korea from July 1996 to April 2022. The average value for South Korea during that period was 4.31 percent with a minimum of 0.81 percent in July 2020 and a maximum of 18.25 percent in February 1998. 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.