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.

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.

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

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.

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 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.

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

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.

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.

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.

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

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

Overview with Chart & Report: The Bank of Korea (BOK) Interest Rate Decision is taken by the Monetary Policy Board and is published immediately after the meeting. The interest rate decision is one of the most important South

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.

Korea Lending Interest Rate data was reported at 3.477 % pa in 2017. This records an increase from the previous number of 3.368 % pa for 2016. Korea Lending Interest Rate data is updated yearly, averaging 5.904 % pa from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 15.279 % pa in 1998 and a record low of 3.368 % pa in 2016. Korea Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Long-term interest rate in South Korea, September, 2025 The most recent value is 2.85 percent as of September 2025, an increase compared to the previous value of 2.82 percent. Historically, the average for South Korea from October 2000 to September 2025 is 3.87 percent. The minimum of 1.25 percent was recorded in August 2019, while the maximum of 8.25 percent was reached in October 2000. | TheGlobalEconomy.com

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.

As of the fourth quarter of 2024, the fixed mortgage loan interest rate in South Korea stood at *** percent, continuing its trend of quarterly increases since the third quarter of 2023.