Real interest rate in South Korea

South Korea: Real interest rate was 1.0% in 2025. ◆ Volatile

Latest (2025)
1.0%
Change on year
up 63.0%
World rank
117th
of 148 countries
All-time high
10.9%
in 1999
All-time low
-0.3%
in 2021
Years of data
30
1996–2025

Real interest rate in South Korea, 1996–2025

02.557.5101996201020251996: 6.8 %1997: 7.7 %1998: 10.3 %1999: 10.9 %2000: 7.5 %2001: 4 %2002: 3.6 %2003: 2.6 %2004: 2.6 %2005: 4.4 %2006: 6.2 %2007: 3.9 %2008: 4.1 %2009: 2.1 %2010: 2.7 %2011: 4.4 %2012: 4.1 %2013: 3.5 %2014: 3.2 %2015: 0.295 %2016: 1.3 %2017: 1.4 %2018: 3.1 %2019: 4.1 %2020: 1.2 %2021: -0.287 %2022: 2.4 %2023: 3.1 %2024: 0.634 %2025: 1 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

South Korea recorded 1.0% for real interest rate in 2025.

Compared with earlier readings it is up 63.0% on the previous year and up 250.1% over ten years.

Over the whole period, real interest rate in South Korea peaked at 10.9% in 1999 and was at its lowest, -0.3%, in 2021.

That places South Korea 117th out of 148 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.9% 6.8% 10.9% 4
2000s 4.1% 2.1% 7.5% 10
2010s 2.8% 0.3% 4.4% 10
2020s 1.4% -0.3% 3.1% 6

Countries ranked near South Korea

  1. 114 Bosnia and Herzegovina 1.2% compare
  2. 115 Czechia 1.1% compare
  3. 116 New Zealand 1.1% compare
  4. 118 Japan 1.0% compare
  5. 119 North Macedonia 0.8% compare
  6. 120 Netherlands 0.4% compare

See the full ranking of 148 places →

More financial sector data for South Korea

All data for South Korea →

Frequently asked questions

What is real interest rate in South Korea?
Real interest rate in South Korea was 1.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real interest rate recorded in South Korea?
The highest recorded value was 10.9% in 1999.
What is the lowest real interest rate recorded in South Korea?
The lowest recorded value was -0.3% in 2021.
How does South Korea rank for real interest rate?
South Korea ranks 117th out of 148 countries with data for 2025.
Is real interest rate rising or falling in South Korea?
Over the last ten years it is up 250.1%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Real interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,763 data points, 1961–2025
Last refreshed

An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.