South Korea vs Panama: Deposit interest rate (%)
South Korea
2.7%
in 2025
Panama
2.8%
in 2006
South Korea rank
86th
Panama rank
84th
Deposit interest rate (%) over time
- South Korea
- Panama
How they compare
Panama currently reports 2.8% against 2.7% in South Korea, a difference of 0.1%.
The two have swapped places 2 times across 11 shared years of data; in 1996 it was South Korea ahead.
South Korea ranks 86th and Panama ranks 84th of 153 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.5% | 7.0% | 3.6% | South Korea |
| 2000s | 5.0% | 4.4% | 0.6% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, South Korea or Panama?
- Panama, at 2.8% against 2.7% in South Korea as of 2006.
- What is the difference in deposit interest rate between South Korea and Panama?
- 0.1%, with Panama ahead.
- How many years of comparable data are there for South Korea and Panama?
- 11 years are reported by both, from 1996 to 2006.
- How do South Korea and Panama rank globally for deposit interest rate?
- South Korea ranks 86th and Panama ranks 84th of 153 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.