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Korea - Interest Rate Spread 1997

Name: Korea Interest Rate Spread 1997
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Interest rate spread (lending rate minus deposit rate) · World Bank

1.07% +0.11pp from 1996 Global rank: 2nd

Korea's interest rate spread was 1.07% in 1997, increased +0.11pp from 0.96% in 1996. This was the 2nd highest globally.

Global Ranking - 1997▾

Interest Rate Spread by Country - 1997
Rank	Country	Value	YoY
1st	Serbia	-58.92%	-
2nd	Korea	1.07%	11.8%
3rd	Bahamas, The	1.52%	-5.7%
4th	Indonesia	1.80%	-8.1%
5th	Nicaragua	2.11%	8.9%
6th	Australia	2.12%	-30.5%
7th	Japan	2.15%	-8.9%
8th	Oman	2.48%	-13.2%
9th	Singapore	2.85%	0.0%
10th	Malaysia	2.85%	-0.2%
11th	Kuwait	2.87%	5.5%
12th	Hong Kong SAR, China	2.92%	-24.7%
13th	United Kingdom	2.93%	0.6%
14th	China	2.97%	13.8%
15th	Canada	3.06%	-0.2%
16th	Algeria	3.10%	-31.0%
17th	Thailand	3.13%	2.0%
18th	Jordan	3.23%	-
19th	Macao SAR, China	3.51%	-19.0%
20th	Chile	3.65%	-6.0%
21st	Bangladesh	3.79%	-19.9%
22nd	Egypt, Arab Republic of	3.96%	-21.5%
23rd	Panama	3.96%	4.4%
24th	Hungary	4.11%	-38.4%
25th	Botswana	4.43%	-8.1%
26th	Mozambique	4.53%	-
27th	Sweden	4.69%	-6.8%
28th	Guinea	4.83%	20.8%
29th	Barbados	5.26%	9.5%
30th	Albania	5.43%	-24.3%
31st	Fiji	5.46%	10.8%
32nd	Czechia	5.49%	-4.5%
33rd	Seychelles	5.68%	-9.9%
34th	Mexico	5.78%	-42.1%
35th	Aruba	5.89%	-3.5%
36th	Viet Nam	5.90%	-41.8%
37th	Philippines	6.08%	18.0%
38th	Lesotho	6.22%	25.0%
39th	Papua New Guinea	6.32%	2.4%
40th	Maldives	6.86%	0.0%
41st	St. Kitts and Nevis	6.90%	3.6%
42nd	Dominica	6.90%	-3.2%
43rd	Lebanon	6.92%	-28.4%
44th	Bahrain	6.92%	-3.1%
45th	St. Vincent and the Grenadines	7.08%	-0.1%
46th	Belize	7.11%	-1.6%
47th	Grenada	7.31%	16.9%
48th	Namibia	7.48%	13.3%
49th	Eswatini	7.50%	-1.1%
50th	Yemen, Republic of	7.60%	-1.3%
51st	Dominican Republic	7.61%	-22.5%
52nd	Antigua and Barbuda	7.63%	-3.8%
53rd	Bhutan	7.75%	-0.5%
54th	Myanmar	7.81%	0.0%
55th	St. Lucia	8.03%	-3.5%
56th	Rwanda	8.34%	15.1%
57th	Trinidad and Tobago	8.42%	7.3%
58th	Guyana	8.48%	16.1%
59th	Angola	8.50%	-88.0%
60th	Costa Rica	9.45%	5.2%
61st	Uganda	9.53%	-1.5%
62nd	Colombia	9.58%	-6.2%
63rd	Mauritius	9.83%	-2.1%
64th	Moldova	9.86%	-12.3%
65th	Liberia	10.40%	18.2%
66th	Nigeria	10.63%	56.8%
67th	Honduras	10.78%	-17.3%
68th	Micronesia, Federated States of	10.79%	3.5%
69th	Croatia	11.17%	-34.0%
70th	Zambia	12.22%	4.8%
71st	Guatemala	12.81%	-
72nd	Gambia, The	13.00%	0.0%
73rd	Mauritania	13.00%	0.0%
74th	Kenya	13.52%	-16.5%
75th	Sierra Leone	13.96%	-23.1%
76th	Russian Federation	15.28%	-
77th	Suriname	15.80%	-12.9%
78th	Peru	15.90%	-4.4%
79th	Madagascar	15.92%	-0.9%
80th	Belarus	16.16%	-46.1%
81st	Romania	16.69%	-6.6%
82nd	Tanzania	18.44%	-9.5%
83rd	Jamaica	19.00%	29.5%
84th	Paraguay	21.90%	-6.3%
85th	Armenia	28.15%	-17.6%
86th	Ukraine	30.91%	-33.2%
87th	Kyrgyz Republic	34.25%	7.5%
88th	Bolivia, Plurinational State of	35.32%	-4.0%
89th	Uruguay	37.80%	-13.0%
90th	Brazil	53.84%	-

FAQ

What was Korea's interest rate spread in 1997?▾

Korea's interest rate spread in 1997 was 1.07%. This ranked 2nd globally.

How did Korea's interest rate spread change in 1997?▾

Korea's interest rate spread increased by 11.8% in 1997 compared to 1996.

Which country had the highest interest rate spread in 1997?▾

Brazil had the highest interest rate spread in 1997 at 53.84%.

What is the interest rate spread of Korea in 1997?▾

The interest rate spread of Korea in 1997 was 1.07%. This ranked 2nd globally.

How does 1997 compare to 1996 for Korea's interest rate spread?▾

Korea's interest rate spread went from 0.96% in 1996 to 1.07% in 1997, a 11.8% increase.

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