South Korea: Bank lending-deposit interest rate spread , 1996 - 2019:
For that indicator, we provide data for South Korea from 1996 to 2019. The average value for South Korea during that period was 1.63 interest rate points with a minimum of 0.61 interest rate points in 2000 and a maximum of 2.17 interest rate points in 2009.
The latest value from 2019 is 1.59 interest rate points. For comparison, the world average in 2019 based on 95
countries is 6.99 interest rate points.
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Definition: Difference between the lending rate and the deposit rate. The lending rate is the rate charged by banks on loans to the private sector and the deposit interest rate is the rate offered by commercial banks on three-month deposits.
