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Bank Interest Expenses (Local Currency) in South Korea

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached KRW 28,084,876 mil in 2020 in South Korea, according to the National Central Bank. This is 23.9% less than in the previous year.

Historically, bank interest expenses in South Korea reached an all time high of KRW 61,711,000 mil in 2008 and an all time low of KRW 5,387,000 mil in 1990.

South Korea has been ranked 3rd within the group of 70 countries we follow in terms of bank interest expenses.

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