Korea - Interest Rate Spread 2021
1.69%
+0.05pp from 2020
Korea's interest rate spread was 1.69% in 2021, increased +0.05pp from 1.64% in 2020. This was the 4th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Benin | 0.95% | -34.1% |
| 2nd | Burkina Faso | 0.95% | -34.1% |
| 3rd | Oman | 1.35% | -6.0% |
| 4th | Korea | 1.69% | 2.8% |
| 5th | Belarus | 1.76% | -27.3% |
| 6th | Malaysia | 1.88% | -5.4% |
| 7th | Hungary | 1.95% | 30.9% |
| 8th | Norway | 1.97% | -6.1% |
| 9th | Qatar | 1.97% | 25.5% |
| 10th | Argentina | 2.01% | 2,888.3% |
| 11th | Egypt, Arab Republic of | 2.03% | -43.5% |
| 12th | Georgia | 2.20% | 39.3% |
| 13th | Bangladesh | 2.28% | 2.3% |
| 14th | Kuwait | 2.30% | -8.4% |
| 15th | Bosnia and Herzegovina | 2.62% | 15.3% |
| 16th | Thailand | 2.65% | -0.6% |
| 17th | Israel | 2.66% | -3.7% |
| 18th | China | 2.85% | 0.0% |
| 19th | Pakistan | 2.91% | -11.2% |
| 20th | San Marino | 2.92% | -1.4% |
| 21st | Czechia | 2.97% | -2.4% |
| 22nd | Switzerland | 3.06% | 1.3% |
| 23rd | South Africa | 3.23% | 14.1% |
| 24th | West Bank and Gaza | 3.32% | 7.5% |
| 25th | Fiji | 3.37% | 2.3% |
| 26th | Russian Federation | 3.39% | 12.8% |
| 27th | Armenia | 3.52% | 0.5% |
| 28th | Jordan | 3.58% | 5.1% |
| 29th | Uruguay | 3.65% | -43.3% |
| 30th | North Macedonia | 3.67% | -1.2% |
| 31st | Bahamas, The | 3.73% | -1.8% |
| 32nd | Botswana | 3.82% | -9.0% |
| 33rd | Costa Rica | 3.91% | -3.7% |
| 34th | Namibia | 3.92% | 5.8% |
| 35th | Moldova | 3.94% | -9.4% |
| 36th | Romania | 4.03% | -11.5% |
| 37th | Bulgaria | 4.10% | -5.2% |
| 38th | Mexico | 4.25% | -12.9% |
| 39th | Viet Nam | 4.44% | 25.8% |
| 40th | Dominica | 4.62% | -9.3% |
| 41st | Aruba | 4.70% | -14.5% |
| 42nd | Solomon Islands | 4.71% | -53.7% |
| 43rd | Bolivia, Plurinational State of | 4.86% | 20.0% |
| 44th | St. Kitts and Nevis | 4.89% | -9.9% |
| 45th | Hong Kong SAR, China | 4.98% | 0.8% |
| 46th | Macao SAR, China | 5.10% | 0.8% |
| 47th | Uzbekistan | 5.11% | -15.3% |
| 48th | Singapore | 5.13% | 1.2% |
| 49th | Indonesia | 5.26% | 30.1% |
| 50th | Brunei Darussalam | 5.36% | 1.7% |
| 51st | St. Lucia | 5.36% | -4.3% |
| 52nd | Grenada | 5.37% | -5.2% |
| 53rd | Montenegro | 5.39% | -2.0% |
| 54th | Kenya | 5.39% | 7.3% |
| 55th | Eswatini | 5.47% | -0.4% |
| 56th | Albania | 5.54% | -2.8% |
| 57th | Antigua and Barbuda | 5.81% | -5.8% |
| 58th | Tonga | 5.86% | 1.9% |
| 59th | St. Vincent and the Grenadines | 5.92% | -5.4% |
| 60th | Trinidad and Tobago | 5.94% | 17.5% |
| 61st | Comoros | 6.13% | -3.4% |
| 62nd | Mauritius | 6.17% | 12.0% |
| 63rd | Belize | 6.21% | -5.3% |
| 64th | Algeria | 6.25% | 0.0% |
| 65th | Seychelles | 6.37% | -21.8% |
| 66th | Samoa | 6.40% | 6.0% |
| 67th | Lesotho | 6.55% | -7.3% |
| 68th | Cabo Verde | 6.95% | -4.9% |
| 69th | Dominican Republic | 7.12% | 12.5% |
| 70th | Papua New Guinea | 7.19% | 5.7% |
| 71st | Colombia | 7.27% | 12.2% |
| 72nd | Nigeria | 7.28% | -19.1% |
| 73rd | Azerbaijan | 7.72% | -9.1% |
| 74th | Maldives | 7.88% | -0.1% |
| 75th | Barbados | 7.90% | 0.0% |
| 76th | Suriname | 8.02% | 17.1% |
| 77th | Guatemala | 8.05% | 1.9% |
| 78th | Guyana | 8.08% | -6.2% |
| 79th | Rwanda | 8.13% | -6.6% |
| 80th | Nicaragua | 8.13% | -10.0% |
| 81st | Haiti | 8.41% | -9.3% |
| 82nd | Ukraine | 8.66% | 5.5% |
| 83rd | Vanuatu | 8.82% | -3.3% |
| 84th | Jamaica | 8.91% | -7.2% |
| 85th | Paraguay | 9.09% | -10.7% |
| 86th | Mongolia | 9.41% | 41.0% |
| 87th | Honduras | 10.16% | 14.4% |
| 88th | Peru | 10.28% | -7.2% |
| 89th | Timor-Leste | 10.52% | -21.9% |
| 90th | Bhutan | 11.00% | 0.0% |
| 91st | Mozambique | 11.15% | 8.4% |
| 92nd | Angola | 12.36% | -8.2% |
| 93rd | Micronesia, Federated States of | 12.58% | -12.6% |
| 94th | Sierra Leone | 13.49% | 9.7% |
| 95th | Gambia, The | 14.67% | -30.7% |
| 96th | Kyrgyz Republic | 15.33% | -2.1% |
| 97th | South Sudan | 16.05% | 0.2% |
| 98th | São Tomé and Principe | 16.11% | 1.3% |
| 99th | Congo, Democratic Republic of | 17.55% | -11.1% |
| 100th | Brazil | 25.67% | -4.4% |
| 101st | Madagascar | 34.53% | -3.2% |
| 102nd | Zimbabwe | 37.42% | 31.3% |
FAQ
What was Korea's interest rate spread in 2021?▾
Korea's interest rate spread in 2021 was 1.69%. This ranked 4th globally.
How did Korea's interest rate spread change in 2021?▾
Korea's interest rate spread increased by 2.8% in 2021 compared to 2020.
Which country had the highest interest rate spread in 2021?▾
Zimbabwe had the highest interest rate spread in 2021 at 37.42%.
What is the interest rate spread of Korea in 2021?▾
The interest rate spread of Korea in 2021 was 1.69%. This ranked 4th globally.
How does 2021 compare to 2020 for Korea's interest rate spread?▾
Korea's interest rate spread went from 1.64% in 2020 to 1.69% in 2021, a 2.8% increase.
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