Korea - Lending Rate 2008
7.17%
+0.62pp from 2007
Korea's lending rate was 7.17% in 2008, increased +0.62pp from 6.55% in 2007. This was the 31st highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 1.91% | 1.4% |
| 2nd | Switzerland | 3.34% | - |
| 3rd | Netherlands | 4.60% | 0.0% |
| 4th | United Kingdom | 4.68% | -15.1% |
| 5th | Canada | 4.73% | -22.5% |
| 6th | Benin | 4.98% | 4.9% |
| 7th | Burkina Faso | 4.98% | 4.9% |
| 8th | Côte d'Ivoire | 4.98% | 4.9% |
| 9th | Guinea-Bissau | 4.98% | 4.9% |
| 10th | Mali | 4.98% | 4.9% |
| 11th | Niger | 4.98% | 4.9% |
| 12th | Senegal | 4.98% | 4.9% |
| 13th | Togo | 4.98% | 4.9% |
| 14th | United States | 5.09% | -36.8% |
| 15th | China | 5.31% | -28.9% |
| 16th | Hong Kong SAR, China | 5.31% | -29.8% |
| 17th | Singapore | 5.38% | 0.9% |
| 18th | Macao SAR, China | 5.43% | -30.5% |
| 19th | Bahamas, The | 5.50% | 0.0% |
| 20th | Brunei Darussalam | 5.50% | 0.0% |
| 21st | Thailand | 5.82% | -3.7% |
| 22nd | Malta | 5.89% | -5.6% |
| 23rd | Libya | 6.00% | 0.0% |
| 24th | Serbia | 6.03% | 37.3% |
| 25th | Malaysia | 6.08% | -5.1% |
| 26th | Czechia | 6.25% | 8.0% |
| 27th | Oman | 6.83% | -7.3% |
| 28th | Italy | 6.84% | 7.9% |
| 29th | Qatar | 6.84% | -7.9% |
| 30th | Bosnia and Herzegovina | 6.98% | -2.7% |
| 31st | Korea | 7.17% | 9.4% |
| 32nd | West Bank and Gaza | 7.19% | -9.9% |
| 33rd | Kuwait | 7.61% | -10.8% |
| 34th | San Marino | 7.89% | 4.1% |
| 35th | Panama | 7.91% | -10.1% |
| 36th | Fiji | 8.00% | -11.2% |
| 37th | Algeria | 8.00% | 0.0% |
| 38th | Solomon Islands | 8.00% | 0.0% |
| 39th | Bahrain | 8.22% | -0.5% |
| 40th | Belarus | 8.55% | -0.3% |
| 41st | St. Kitts and Nevis | 8.70% | -6.2% |
| 42nd | Mexico | 8.71% | 15.1% |
| 43rd | Philippines | 8.75% | 0.7% |
| 44th | Australia | 8.91% | 8.7% |
| 45th | New Zealand | 8.94% | 3.8% |
| 46th | Jordan | 9.03% | 4.0% |
| 47th | Dominica | 9.06% | -1.1% |
| 48th | Papua New Guinea | 9.20% | -5.9% |
| 49th | Montenegro | 9.24% | 0.4% |
| 50th | St. Vincent and the Grenadines | 9.52% | -0.9% |
| 51st | Grenada | 9.53% | -2.3% |
| 52nd | Lebanon | 9.96% | -2.8% |
| 53rd | Cabo Verde | 9.99% | -5.3% |
| 54th | Barbados | 10.03% | -6.7% |
| 55th | Croatia | 10.07% | 7.9% |
| 56th | St. Lucia | 10.08% | -0.4% |
| 57th | Hungary | 10.18% | 12.1% |
| 58th | North Macedonia | 10.23% | -2.6% |
| 59th | Maldives | 10.26% | 0.0% |
| 60th | Antigua and Barbuda | 10.43% | -0.1% |
| 61st | Aruba | 10.50% | 1.0% |
| 62nd | Comoros | 10.50% | 0.0% |
| 63rd | Bulgaria | 10.86% | 8.6% |
| 64th | Mauritius | 11.54% | -47.2% |
| 65th | Seychelles | 11.81% | 8.4% |
| 66th | Iran, Islamic Republic of | 12.00% | 0.0% |
| 67th | Suriname | 12.20% | -11.4% |
| 68th | Russian Federation | 12.23% | 21.8% |
| 69th | Egypt, Arab Republic of | 12.33% | -1.5% |
| 70th | Trinidad and Tobago | 12.44% | 5.9% |
| 71st | Uruguay | 12.45% | 39.2% |
| 72nd | Angola | 12.53% | -29.2% |
| 73rd | Samoa | 12.66% | 0.1% |
| 74th | Bangladesh | 12.89% | 2.0% |
| 75th | Pakistan | 12.94% | 9.9% |
| 76th | Albania | 13.02% | -7.7% |
| 77th | Nicaragua | 13.17% | 1.0% |
| 78th | Chile | 13.26% | 52.9% |
| 79th | India | 13.31% | 2.2% |
| 80th | Guatemala | 13.39% | 4.3% |
| 81st | Indonesia | 13.60% | -1.9% |
| 82nd | Namibia | 13.74% | 6.6% |
| 83rd | Bhutan | 13.85% | -1.0% |
| 84th | Bolivia, Plurinational State of | 13.87% | 7.9% |
| 85th | Kenya | 14.02% | 5.1% |
| 86th | Belize | 14.14% | -1.3% |
| 87th | Micronesia, Federated States of | 14.38% | 2.5% |
| 88th | Liberia | 14.40% | -4.3% |
| 89th | Guyana | 14.58% | -0.2% |
| 90th | Eswatini | 14.83% | 12.7% |
| 91st | Kosovo | 14.83% | 1.8% |
| 92nd | Afghanistan | 14.92% | -17.7% |
| 93rd | Tanzania | 14.98% | -6.8% |
| 94th | Romania | 14.99% | 12.3% |
| 95th | South Africa | 15.13% | 14.9% |
| 96th | Nigeria | 15.14% | -10.6% |
| 97th | Viet Nam | 15.78% | 41.2% |
| 98th | Costa Rica | 15.83% | 23.7% |
| 99th | Lesotho | 16.19% | 14.5% |
| 100th | Rwanda | 16.25% | 1.6% |
| 101st | Burundi | 16.52% | -1.9% |
| 102nd | Botswana | 16.54% | 2.0% |
| 103rd | Jamaica | 16.83% | -2.2% |
| 104th | Armenia | 17.05% | -2.7% |
| 105th | Colombia | 17.18% | 11.7% |
| 106th | Ukraine | 17.49% | 25.9% |
| 107th | Haiti | 17.81% | -22.8% |
| 108th | Honduras | 17.94% | 8.0% |
| 109th | Yemen, Republic of | 18.00% | 0.0% |
| 110th | Georgia | 18.04% | 5.6% |
| 111th | Mozambique | 18.31% | -6.2% |
| 112th | Sri Lanka | 18.89% | 10.6% |
| 113th | Zambia | 19.06% | 0.9% |
| 114th | Iraq | 19.22% | 2.3% |
| 115th | Azerbaijan | 19.76% | 3.3% |
| 116th | Dominican Republic | 19.95% | 26.0% |
| 117th | Iceland | 20.15% | 4.4% |
| 118th | Mauritania | 20.33% | -13.5% |
| 119th | Uganda | 20.45% | 7.0% |
| 120th | Mongolia | 20.58% | -5.7% |
| 121st | Myanmar | 20.92% | 0.0% |
| 122nd | Moldova | 21.06% | 11.9% |
| 123rd | Tajikistan | 23.59% | 2.8% |
| 124th | Peru | 23.67% | 3.6% |
| 125th | Lao PDR | 24.00% | -15.8% |
| 126th | Sierra Leone | 24.50% | -2.0% |
| 127th | Malawi | 25.28% | -8.8% |
| 128th | Kyrgyz Republic | 25.91% | 11.6% |
| 129th | Gambia, The | 27.00% | -3.3% |
| 130th | Paraguay | 29.83% | 3.1% |
| 131st | São Tomé and Principe | 32.40% | 0.0% |
| 132nd | Congo, Democratic Republic of | 43.15% | -8.2% |
| 133rd | Madagascar | 44.00% | 9.2% |
| 134th | Brazil | 47.25% | 8.1% |
FAQ
What was Korea's lending rate in 2008?▾
Korea's lending rate in 2008 was 7.17%. This ranked 31st globally.
How did Korea's lending rate change in 2008?▾
Korea's lending rate increased by 9.4% in 2008 compared to 2007.
Which country had the highest lending rate in 2008?▾
Brazil had the highest lending rate in 2008 at 47.25%.
What is the lending rate of Korea in 2008?▾
The lending rate of Korea in 2008 was 7.17%. This ranked 31st globally.
How does 2008 compare to 2007 for Korea's lending rate?▾
Korea's lending rate went from 6.55% in 2007 to 7.17% in 2008, a 9.4% increase.
Related
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Full ranking 2008
Deposit Rate
Real Interest Rate
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Lowest: 2020
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