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South Korea: Short-term interest rate

Percent · 1976–2025 · 50 observations · forecasts to 2026 · strate

2025
2.66%percent
Change on 2024
−0.8 pointsfrom 3.44%
Average, 2016–2025
1.87%10 years
Record high and low
22.9% (1980)low 0.614% (2021)

Short-term interest rate

Report error
0%5%10%15%20%25%19801990200020102020South KoreaSouth Korea
ForecastPercent

Compare with other countries →Definition of Short-term interest rate

Recent values

Percent

YearValue
20262.63Forecast
20252.66
20243.44
20233.51
20222.03
20210.614
20200.699
20191.59
20181.52
20171.26
20161.34

Sources

  • IMF International Financial Statistics1976–2025
  • Bordo1977–1997
  • OECD Economic Outlook1991–2025
  • OECD Key Economic Indicators1991–2025
  • Asian Development Bank (archive)2000–2023
  • Asian Development Bank2000–2025
  • 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 →

Short-term interest 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 →

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