Korea vs Lao People's Democratic Republic: Deposit interest rate
Deposit interest rate over time
- Korea
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 3.0% against 2.7% in Korea, a difference of 0.3%.
That makes Lao People's Democratic Republic's figure about 1.1 times Korea's.
The two have swapped places 1 time across 14 shared years of data; in 1996 it was Lao People's Democratic Republic ahead.
Korea ranks 86th and Lao People's Democratic Republic ranks 83rd of 152 countries.
Across the 3 decades both report, Korea averaged higher in 1 and Lao People's Democratic Republic in 2.
Head to head by decade
| Decade | Korea | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.4% | 15.7% | 5.3% | Lao People's Democratic Republic |
| 2000s | 5.0% | 6.2% | 1.2% | Lao People's Democratic Republic |
| 2010s | 3.9% | 3.0% | 0.9% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Korea or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 3.0% against 2.7% in Korea as of 2010.
- What is the difference in deposit interest rate between Korea and Lao People's Democratic Republic?
- 0.3%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Korea and Lao People's Democratic Republic?
- 14 years are reported by both, from 1996 to 2010.
- How do Korea and Lao People's Democratic Republic rank globally for deposit interest rate?
- Korea ranks 86th and Lao People's Democratic Republic ranks 83rd of 152 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.