Deposit Rate, Percent per annum in South Korea
South Korea: Deposit Rate, Percent per annum was 2.73 in 2025. ◆ Volatile
Deposit Rate, Percent per annum in South Korea, 1996–2025
Source: International Monetary Fund.
Analysis
The most recent figure for deposit rate, percent per annum in South Korea is 2.73, measured in 2025.
That represents a change of down 21.5% on the previous year and up 51.1% over ten years.
Over the whole period, deposit rate, percent per annum in South Korea peaked at 13.29 in 1998 and was at its lowest, 1.16, in 2020.
That places South Korea 80th out of 143 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit Rate, Percent per annum in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 10.11 | — |
| 1997 | 10.8 | +6.9% |
| 1998 | 13.29 | +23.0% |
| 1999 | 7.95 | -40.2% |
| 2000 | 7.94 | -0.1% |
| 2001 | 5.79 | -27.0% |
| 2002 | 4.95 | -14.6% |
| 2003 | 4.25 | -14.1% |
| 2004 | 3.87 | -8.9% |
| 2005 | 3.72 | -3.9% |
| 2006 | 4.5 | +21.0% |
| 2007 | 5.17 | +14.9% |
| 2008 | 5.87 | +13.5% |
| 2009 | 3.48 | -40.7% |
| 2010 | 3.86 | +10.7% |
| 2011 | 4.15 | +7.7% |
| 2012 | 3.7 | -10.9% |
| 2013 | 2.89 | -21.9% |
| 2014 | 2.54 | -12.3% |
| 2015 | 1.81 | -28.7% |
| 2016 | 1.56 | -13.9% |
| 2017 | 1.67 | +7.2% |
| 2018 | 2.03 | +21.3% |
| 2019 | 1.85 | -8.6% |
| 2020 | 1.16 | -37.3% |
| 2021 | 1.2 | +3.1% |
| 2022 | 3.12 | +160.9% |
| 2023 | 3.84 | +23.1% |
| 2024 | 3.48 | -9.4% |
| 2025 | 2.73 | -21.5% |
South Korea compared with similar countries
- South Korea's 2.73 is above the median for high income countries, which is 1.58, 1.7× the median. (34 countries reporting)
- South Korea's 2.73 is above the median for East Asia & Pacific, which is 1.51, 1.8× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Deposit Rate, Percent per annum in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +160.9% | 1.2 | 3.12 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.54 | 7.95 | 13.29 | 4 |
| 2000s | 4.96 | 3.48 | 7.94 | 10 |
| 2010s | 2.61 | 1.56 | 4.15 | 10 |
| 2020s | 2.59 | 1.16 | 3.84 | 6 |
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 deposit rate, percent per annum in South Korea?
- Deposit rate, percent per annum in South Korea was 2.73 in 2025, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in South Korea?
- The highest recorded value was 13.29 in 1998.
- What is the lowest deposit rate, percent per annum recorded in South Korea?
- The lowest recorded value was 1.16 in 2020.
- How does South Korea rank for deposit rate, percent per annum?
- South Korea ranks 80th out of 143 countries with data for 2025.
- Is deposit rate, percent per annum rising or falling in South Korea?
- Over the last ten years it is up 51.1%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.