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South Korea: Central bank policy rate

Percent · 1964–2025 · 62 observations · forecasts to 2026 · cbrate

2025
2.50%percent
Change on 2024
−0.5 pointsfrom 3.00%
Average, 2016–2025
1.95%10 years
Record high and low
28.0% (1965)low 0.50% (2020)

Central bank policy rate

Report error
0%5%10%15%20%25%30%197019801990200020102020South KoreaSouth Korea
ForecastPercent

Compare with other countries →Definition of Central bank policy rate

Recent values

Percent

YearValue
20262.50Forecast
20252.50
20243.00
20233.50
20223.25
20211.00
20200.50
20191.25
20181.75
20171.50
20161.25

Sources

  • Grimm1964–2023
  • IMF International Financial Statistics1964–2025
  • Bank for International Settlements1999–2025
  • OECD Economic Outlook2009–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

South Korea documentation (PDF)

More for South Korea

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central bank policy rate elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms