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Interest Spread (Difference Between Interest Rate on Loans and Deposits) in South Korea

Source: OECD, Bank of Korea, Financial Supervisory Service, Helgi Calculation, World Bank
Last Updated: June 1, 2023

Interest spread, which is the difference between interest rate on loans and deposits reached 1.69% in 2021 in South Korea, according to the National Central Bank. This is 2.84% more than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in South Korea reached an all time high of 3.79% in 1982 and an all time low of -1.50% in 1980.

South Korea has been ranked 85th within the group of 88 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.

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