Bank lending-deposit spread in South Korea
South Korea: Bank lending-deposit spread was 1.64 in 2020. ▲ Rising
Bank lending-deposit spread in South Korea, 1996–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
In 2020, bank lending-deposit spread in South Korea stood at 1.64.
The figure is up 3.0% on the previous year and down 0.9% over ten years.
Over the whole period, bank lending-deposit spread in South Korea peaked at 2.17 in 2009 and was at its lowest, 0.6067, in 2000.
That places South Korea 113th out of 124 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.37 | 0.9583 | 1.99 | 4 |
| 2000s | 1.66 | 0.6067 | 2.17 | 10 |
| 2010s | 1.7 | 1.59 | 1.81 | 10 |
| 2020s | 1.64 | 1.64 | 1.64 | 1 |
Countries ranked near South Korea
More financial sector data for South Korea
- Domestic credit to private sector by banks 160.3% (2024)
- Total reserves in months of imports 6.46 (2025)
- Net domestic credit 5,011.74 trillion current LCU (2024)
- Net foreign assets 627.85 trillion current LCU (2024)
- Monetary Sector credit to private sector 160.3% (2024)
- Broad money 162.7% (2024)
- Claims on central government, etc. 3.4% (2024)
- Domestic credit to private sector 160.3% (2024)
- Official exchange rate 1,422 LCU per US$, period average (2025)
- Net migration 65,731 (2025)
Frequently asked questions
- What is bank lending-deposit spread in South Korea?
- Bank lending-deposit spread in South Korea was 1.64 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in South Korea?
- The highest recorded value was 2.17 in 2009.
- What is the lowest bank lending-deposit spread recorded in South Korea?
- The lowest recorded value was 0.6067 in 2000.
- How does South Korea rank for bank lending-deposit spread?
- South Korea ranks 113th out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in South Korea?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.