Deposit Interest Rate in South Korea increased to 1.17 percent in August from 1.10 percent in July of 2021. source: IMF
Deposit Interest Rate in South Korea averaged 4.85 percent from 1980 until 2021, reaching an all time high of 19.50 percent in December of 1980 and a record low of 0.91 percent in August of 2020. This page includes a chart with historical data for Deposit Interest Rate in South Korea. Deposit Interest Rate in South Korea - values, historical data and charts - was last updated on November of 2021.
Deposit Interest Rate in South Korea is expected to be 1.42 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in South Korea is projected to trend around 1.67 percent in 2022 and 1.92 percent in 2023, according to our econometric models.