The benchmark interest rate in South Korea was last recorded at 2.50 percent. This dataset provides - South Korea Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly and long-term Korea Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

Graph and download economic data for Interest Rates, Discount Rate for Republic of Korea (INTDSRKRM193N) from Jan 1964 to May 2025 about Korea, interest rate, interest, and rate.

In Februar 2025, South Korea's central bank reduced the base rate to **** percent. Between May 2020 and January 2023, the rate had seen a continuous increase, impacting especially the housing market during this time.

Deposit Interest Rate in South Korea increased to 2.52 percent in September from 2.49 percent in August of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in South Korea.

Key information about South Korea Policy Rate

• South Korea cash rate (Policy Rate: Month End: Base Rate: Bank of Korea) was set at 2.50 % pa in Nov 2025, compared with 2.50 % pa in the previous Oct 2025.
• South Korea Policy Rate averaged 0.00 % pa and is updated monthly, available from May 1999 to Nov 2025.

• In the latest reports, South Korea Short Term Interest Rate: Month End: KORIBOR: 3 Months was reported at 2.78 % pa in Nov 2025.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: South Korea: Treasury Bond Yield: 10 Years) was reported at 3.34 % pa in Nov 2025.
• South Korea Exchange Rate against USD averaged 1,423.08 (USD/KRW) in Oct 2025.
• Its Real Effective Exchange Rate was 77.42 in Oct 2025.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Korea (IRLTLT01KRM156N) from Oct 2000 to Sep 2025 about Korea, long-term, 10-year, bonds, yield, government, interest rate, interest, and rate.

Key information about South Korea Long Term Interest Rate

• South Korea Long Term Interest Rate: Month End: South Korea: Treasury Bond Yield: 10 Years was reported at 3.34 % pa in Nov 2025, compared with 3.06 % pa in the previous month.
• South Korea Long Term Interest Rate data is updated monthly, available from Jul 2001 to Nov 2025.
• The data reached an all-time high of 7.25 % pa in Mar 2002 and a record low of 1.28 % pa in Aug 2019.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, South Korea Short Term Interest Rate: Month End: KORIBOR: 3 Months was reported at 2.78 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: Base Rate: Bank of Korea) was set at 2.50 % pa in Nov 2025.
• South Korea Exchange Rate against USD averaged 1,423.08 (USD/KRW) in Oct 2025.

Mortgage credit interest rate, percent in South Korea, September, 2025 The most recent value is 3.96 percent as of September 2025, no change compared to the previous value of 3.96 percent. Historically, the average for South Korea from September 2001 to September 2025 is 4.53 percent. The minimum of 2.39 percent was recorded in August 2020, while the maximum of 7.58 percent was reached in October 2008. | TheGlobalEconomy.com

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Korea (IRSTCI01KRQ156N) from Q1 1991 to Q3 2025 about interbank, Korea, overnight, interest rate, interest, and rate.

View monthly updates and historical trends for Korea Long-Term Interest Rates. from South Korea. Source: Organisation for Economic Co-operation and Develo…

View yearly updates and historical trends for South Korea Real Interest Rate. Source: World Bank. Track economic data with YCharts analytics.

Actual value and historical data chart for South Korea Real Interest Rate Percent

As of the fourth quarter of 2024, the variable mortgage loan interest rate in South Korea stood at *** percent. The rate experienced a significant increase from the third quarter of 2022 to the first quarter of 2023 but has since begun to decline.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Korea (IRSTCI01KRM156N) from Jan 1991 to Oct 2025 about interbank, Korea, overnight, interest rate, interest, and rate.

Daily dataset of the South Korea Interest Rate, including historical data, latest releases, and long-term trends from 1999-05-06 to 2025-10-23. Available for free download in CSV format.

Forecast: Bank Lending Interest Rate in South Korea 2024 - 2028 Discover more data with ReportLinker!

Key information about South Korea Short Term Interest Rate

• South Korea Short Term Interest Rate: Month End: KORIBOR: 3 Months was reported at 2.78 % pa in Nov 2025, compared with 2.59 % pa in the previous month.
• South Korea Short Term Interest Rate data is updated monthly, available from Jul 2004 to Nov 2025.
• The data reached an all-time high of 5.87 % pa in Oct 2008 and a record low of 0.58 % pa in Jul 2020.
• Short Term Interest Rate is reported by reported by Yonhapinfomax Inc..

• In the latest reports, South Korea Long Term Interest Rate: Month End: South Korea: Treasury Bond Yield: 10 Years was reported at 3.34 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: Base Rate: Bank of Korea) was set at 2.50 % pa in Nov 2025.
• South Korea Exchange Rate against USD averaged 1,423.08 (USD/KRW) in Oct 2025.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Korea (IR3TIB01KRM156N) from Jan 1991 to Oct 2025 about interbank, Korea, 3-month, yield, interest rate, interest, and rate.

As of the fourth quarter of 2024, the interest rate for leasehold deposit, or "jeonse," loans in South Korea stood at *** percent. While the "jeonse" interest rate saw a significant increase between the third quarter of 2022 and the first quarter of 2023, it has since begun to decline. "Jeonse" is a rental deposit system unique to South Korea where tenants pay large amounts of money up-front in exchange for a two-year tenancy with little to no monthly rent.