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Bank Interest Expenses (Local Currency) in South Korea

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached KRW 5,150,000 mil in second quarter of 2021 in South Korea, according to the National Central Bank. This is 3.61% less than in the previous quarter.

Historically, bank interest expenses in South Korea reached an all time high of KRW 12,192,000 mil in 2Q2010 and an all time low of KRW 5,150,000 mil in 2Q2021.

South Korea has been ranked 3rd within the group of 53 countries we follow in terms of bank interest expenses.

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