Korea vs Panama: Deposit interest rate

Korea
2.7%
in 2025
Panama
2.8%
in 2006
Korea rank
86th
Panama rank
84th

Deposit interest rate over time

  • Korea
  • Panama
02.557.51012.5198620052025

How they compare

Panama currently reports 2.8% against 2.7% in Korea, a difference of 0.1%.

The two have swapped places 2 times across 11 shared years of data; in 1996 it was Korea ahead.

Korea ranks 86th and Panama ranks 84th of 152 countries.

Korea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Korea Panama Difference Ahead
1990s 10.5% 7.0% 3.6% Korea
2000s 5.0% 4.4% 0.6% Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher deposit interest rate, Korea or Panama?
Panama, at 2.8% against 2.7% in Korea as of 2006.
What is the difference in deposit interest rate between Korea and Panama?
0.1%, with Panama ahead.
How many years of comparable data are there for Korea and Panama?
11 years are reported by both, from 1996 to 2006.
How do Korea and Panama rank globally for deposit interest rate?
Korea ranks 86th and Panama ranks 84th 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.

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Korea vs Panama: Deposit interest rate. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 21 August 2026, from https://financial-sector.statizoid.com/compare/deposit-interest-rate-percent/korea-rep/panama/

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About this data

Indicator
Deposit interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 4,967 data points, 1960–2025
Last refreshed

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 (aΓ·b)*100.