Korea - Lending Rate 2007
6.55%
+0.56pp from 2006
Korea's lending rate was 6.55% in 2007, increased +0.56pp from 5.99% in 2006. This was the 23rd highest globally.
Global Ranking - 2007▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 1.88% | 13.1% |
| 2nd | Serbia | 4.39% | -14.1% |
| 3rd | Netherlands | 4.60% | 30.0% |
| 4th | Benin | 4.75% | 0.3% |
| 5th | Burkina Faso | 4.75% | 0.3% |
| 6th | Côte d'Ivoire | 4.75% | 0.3% |
| 7th | Guinea-Bissau | 4.75% | 0.3% |
| 8th | Mali | 4.75% | 0.3% |
| 9th | Niger | 4.75% | 0.3% |
| 10th | Senegal | 4.75% | 0.3% |
| 11th | Togo | 4.75% | 0.3% |
| 12th | Singapore | 5.33% | 0.3% |
| 13th | Bahamas, The | 5.50% | 0.0% |
| 14th | Brunei Darussalam | 5.50% | 0.0% |
| 15th | United Kingdom | 5.51% | 18.8% |
| 16th | Czechia | 5.79% | 3.5% |
| 17th | Libya | 6.00% | -5.3% |
| 18th | Thailand | 6.05% | -3.6% |
| 19th | Canada | 6.10% | 5.0% |
| 20th | Malta | 6.24% | 10.3% |
| 21st | Italy | 6.33% | 12.7% |
| 22nd | Malaysia | 6.41% | -1.2% |
| 23rd | Korea | 6.55% | 9.4% |
| 24th | Bosnia and Herzegovina | 7.17% | -10.5% |
| 25th | Oman | 7.37% | 1.0% |
| 26th | Qatar | 7.43% | 3.5% |
| 27th | China | 7.47% | 22.1% |
| 28th | Mexico | 7.56% | 0.7% |
| 29th | Hong Kong SAR, China | 7.56% | -4.5% |
| 30th | San Marino | 7.58% | 13.0% |
| 31st | Macao SAR, China | 7.81% | -10.9% |
| 32nd | West Bank and Gaza | 7.98% | 3.2% |
| 33rd | Algeria | 8.00% | 0.0% |
| 34th | Solomon Islands | 8.00% | -2.0% |
| 35th | United States | 8.05% | 1.2% |
| 36th | Australia | 8.20% | 7.7% |
| 37th | Bahrain | 8.27% | 3.7% |
| 38th | Kuwait | 8.54% | -0.5% |
| 39th | Belarus | 8.58% | -3.0% |
| 40th | New Zealand | 8.61% | 5.1% |
| 41st | Chile | 8.67% | 8.4% |
| 42nd | Jordan | 8.68% | 6.1% |
| 43rd | Philippines | 8.69% | -11.1% |
| 44th | Panama | 8.79% | 1.3% |
| 45th | Uruguay | 8.94% | -3.4% |
| 46th | Fiji | 9.01% | 22.5% |
| 47th | Hungary | 9.09% | 12.5% |
| 48th | Dominica | 9.17% | -3.5% |
| 49th | Montenegro | 9.20% | -17.5% |
| 50th | St. Kitts and Nevis | 9.28% | -0.2% |
| 51st | Croatia | 9.33% | -6.1% |
| 52nd | St. Vincent and the Grenadines | 9.61% | -1.2% |
| 53rd | Grenada | 9.76% | -1.0% |
| 54th | Papua New Guinea | 9.78% | -7.5% |
| 55th | Bulgaria | 10.00% | 12.4% |
| 56th | Russian Federation | 10.03% | -3.8% |
| 57th | St. Lucia | 10.12% | -6.1% |
| 58th | Maldives | 10.26% | 0.0% |
| 59th | Lebanon | 10.26% | 0.0% |
| 60th | Aruba | 10.40% | 9.5% |
| 61st | Antigua and Barbuda | 10.44% | -4.2% |
| 62nd | Comoros | 10.50% | 0.0% |
| 63rd | North Macedonia | 10.50% | -9.1% |
| 64th | Cabo Verde | 10.55% | -2.3% |
| 65th | Barbados | 10.76% | 4.5% |
| 66th | Seychelles | 10.89% | 8.4% |
| 67th | Viet Nam | 11.18% | 0.0% |
| 68th | Trinidad and Tobago | 11.75% | 7.6% |
| 69th | Pakistan | 11.77% | 7.1% |
| 70th | Iran, Islamic Republic of | 12.00% | -14.3% |
| 71st | Egypt, Arab Republic of | 12.51% | -0.7% |
| 72nd | Bangladesh | 12.64% | 8.3% |
| 73rd | Samoa | 12.65% | 7.9% |
| 74th | Costa Rica | 12.80% | -42.3% |
| 75th | Guatemala | 12.84% | 0.6% |
| 76th | Bolivia, Plurinational State of | 12.86% | 8.2% |
| 77th | Namibia | 12.88% | 15.2% |
| 78th | India | 13.02% | 16.4% |
| 79th | Nicaragua | 13.04% | 12.7% |
| 80th | Eswatini | 13.17% | 17.9% |
| 81st | South Africa | 13.17% | 17.9% |
| 82nd | Kenya | 13.34% | -2.2% |
| 83rd | Romania | 13.35% | -4.5% |
| 84th | Suriname | 13.77% | -12.0% |
| 85th | Indonesia | 13.86% | -13.3% |
| 86th | Ukraine | 13.90% | -8.4% |
| 87th | Bhutan | 14.00% | 0.0% |
| 88th | Micronesia, Federated States of | 14.03% | -10.2% |
| 89th | Albania | 14.10% | 9.0% |
| 90th | Lesotho | 14.13% | 16.2% |
| 91st | Belize | 14.33% | 0.9% |
| 92nd | Kosovo | 14.57% | 0.5% |
| 93rd | Guyana | 14.61% | 0.5% |
| 94th | Liberia | 15.05% | -2.9% |
| 95th | Colombia | 15.38% | 19.3% |
| 96th | Dominican Republic | 15.83% | -18.7% |
| 97th | Rwanda | 16.00% | 0.8% |
| 98th | Tanzania | 16.07% | 2.7% |
| 99th | Botswana | 16.22% | -1.5% |
| 100th | Honduras | 16.61% | -4.8% |
| 101st | Burundi | 16.84% | -1.3% |
| 102nd | Nigeria | 16.94% | 0.3% |
| 103rd | Sri Lanka | 17.08% | 32.9% |
| 104th | Georgia | 17.09% | 0.2% |
| 105th | Jamaica | 17.20% | -2.5% |
| 106th | Armenia | 17.52% | 6.0% |
| 107th | Angola | 17.70% | -9.3% |
| 108th | Yemen, Republic of | 18.00% | 0.0% |
| 109th | Afghanistan | 18.14% | 0.9% |
| 110th | Iraq | 18.78% | 30.7% |
| 111th | Moldova | 18.83% | 3.8% |
| 112th | Zambia | 18.89% | -18.4% |
| 113th | Uganda | 19.11% | 2.2% |
| 114th | Azerbaijan | 19.13% | 7.1% |
| 115th | Iceland | 19.29% | 7.7% |
| 116th | Mozambique | 19.52% | 5.2% |
| 117th | Myanmar | 20.92% | 5.7% |
| 118th | Mongolia | 21.83% | -19.0% |
| 119th | Mauritius | 21.87% | 3.8% |
| 120th | Peru | 22.86% | -4.5% |
| 121st | Tajikistan | 22.96% | -4.9% |
| 122nd | Haiti | 23.08% | -12.5% |
| 123rd | Kyrgyz Republic | 23.22% | 0.6% |
| 124th | Mauritania | 23.50% | -2.1% |
| 125th | Sierra Leone | 25.00% | 4.2% |
| 126th | Malawi | 27.72% | -14.1% |
| 127th | Gambia, The | 27.92% | -6.2% |
| 128th | Lao PDR | 28.50% | -5.0% |
| 129th | Paraguay | 28.92% | -17.0% |
| 130th | São Tomé and Principe | 32.40% | 10.6% |
| 131st | Madagascar | 40.28% | 43.1% |
| 132nd | Brazil | 43.72% | -14.0% |
| 133rd | Congo, Democratic Republic of | 47.00% | 1.2% |
FAQ
What was Korea's lending rate in 2007?▾
Korea's lending rate in 2007 was 6.55%. This ranked 23rd globally.
How did Korea's lending rate change in 2007?▾
Korea's lending rate increased by 9.4% in 2007 compared to 2006.
Which country had the highest lending rate in 2007?▾
Congo, Democratic Republic of had the highest lending rate in 2007 at 47.00%.
What is the lending rate of Korea in 2007?▾
The lending rate of Korea in 2007 was 6.55%. This ranked 23rd globally.
How does 2007 compare to 2006 for Korea's lending rate?▾
Korea's lending rate went from 5.99% in 2006 to 6.55% in 2007, a 9.4% increase.
Related
2006
2008
All years
Full ranking 2007
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1998
Lowest: 2020
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs Saudi Arabia
vs Czechia
vs Slovenia
vs Japan
G20 Lending Rate
OECD Lending Rate
Global Ranking