Bank net interest margin (%) in South Korea
South Korea: Bank net interest margin (%) was 1.6% in 2021. ▼ Falling
Bank net interest margin in South Korea, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank net interest margin in South Korea stood at 1.6%.
Compared with earlier readings it is down 5.8% on the previous year and down 40.1% over ten years.
Over the whole period, bank net interest margin in South Korea peaked at 2.7% in 2011 and was at its lowest, 1.6%, in 2018.
South Korea ranks 138th of 166 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Bank net interest margin (%) in South Korea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.3% | — |
| 2011 | 2.7% | +13.2% |
| 2012 | 2.5% | -4.7% |
| 2013 | 2.2% | -11.7% |
| 2014 | 2.1% | -7.8% |
| 2015 | 1.8% | -12.1% |
| 2016 | 1.9% | +5.7% |
| 2017 | 1.6% | -15.8% |
| 2018 | 1.6% | -2.9% |
| 2019 | 2.4% | +51.0% |
| 2020 | 1.7% | -28.6% |
| 2021 | 1.6% | -5.8% |
South Korea compared with similar countries
- South Korea's 1.6% is below the median for high income countries, which is 1.9%, 82% of the median. (62 countries reporting)
- South Korea's 1.6% is below the median for East Asia & Pacific, which is 2.0%, 78% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 2.3% | 2.3% | 1 |
| 2010s | 2.1% | 1.6% | 2.7% | 9 |
| 2020s | 1.6% | 1.6% | 1.7% | 2 |
Countries ranked near South Korea
More financial sector data for South Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is bank net interest margin in South Korea?
- Bank net interest margin in South Korea was 1.6% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in South Korea?
- The highest recorded value was 2.7% in 2011.
- What is the lowest bank net interest margin recorded in South Korea?
- The lowest recorded value was 1.6% in 2018.
- How does South Korea rank for bank net interest margin?
- South Korea ranks 138th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in South Korea?
- Over the last ten years it is down 40.1%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.