Bank deposit interest rate, percent in South Korea, July 1996 - July 2021
For that indicator, we provide data for South Korea from July 1996 to July 2021. The average value for South Korea during that period was 4.4 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.
Longer historical series
* indicates monthly or quarterly data series
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.