Korea - Lending Rate 2017
3.48%
+0.11pp from 2016
Korea's lending rate was 3.48% in 2017, increased +0.11pp from 3.37% in 2016. This was the 7th highest globally.
Global Ranking - 2017▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 0.99% | -4.9% |
| 2nd | Hungary | 1.48% | -29.1% |
| 3rd | Switzerland | 2.63% | -0.7% |
| 4th | Canada | 2.70% | 0.0% |
| 5th | Italy | 3.00% | -14.2% |
| 6th | Norway | 3.01% | -2.1% |
| 7th | Korea | 3.48% | 3.2% |
| 8th | Israel | 3.50% | 2.3% |
| 9th | Czechia | 3.59% | -8.1% |
| 10th | San Marino | 4.07% | 34.6% |
| 11th | United States | 4.10% | 16.7% |
| 12th | Bahamas, The | 4.25% | -10.5% |
| 13th | China | 4.35% | 0.0% |
| 14th | Bosnia and Herzegovina | 4.38% | -16.4% |
| 15th | Thailand | 4.42% | -1.2% |
| 16th | Chile | 4.55% | -18.5% |
| 17th | Malaysia | 4.61% | 1.7% |
| 18th | Kuwait | 4.69% | 4.9% |
| 19th | Qatar | 4.70% | 16.2% |
| 20th | New Zealand | 4.76% | -5.2% |
| 21st | Hong Kong SAR, China | 5.00% | 0.0% |
| 22nd | Côte d'Ivoire | 5.14% | -2.9% |
| 23rd | Guinea-Bissau | 5.14% | -2.9% |
| 24th | Mali | 5.14% | -2.9% |
| 25th | Niger | 5.14% | -2.9% |
| 26th | Senegal | 5.14% | -2.9% |
| 27th | Togo | 5.14% | -2.9% |
| 28th | Oman | 5.15% | 4.9% |
| 29th | Australia | 5.25% | -3.2% |
| 30th | Macao SAR, China | 5.25% | 0.0% |
| 31st | Singapore | 5.28% | -1.3% |
| 32nd | Bulgaria | 5.44% | -14.9% |
| 33rd | Brunei Darussalam | 5.50% | 0.0% |
| 34th | Romania | 5.56% | -2.5% |
| 35th | Philippines | 5.63% | -0.3% |
| 36th | Fiji | 5.74% | -1.9% |
| 37th | West Bank and Gaza | 5.79% | -5.8% |
| 38th | Albania | 6.22% | -7.6% |
| 39th | Aruba | 6.30% | -8.7% |
| 40th | Burkina Faso | 6.51% | 23.0% |
| 41st | North Macedonia | 6.61% | -5.9% |
| 42nd | Panama | 6.77% | 2.5% |
| 43rd | Kosovo | 6.83% | -8.2% |
| 44th | Botswana | 6.88% | -5.8% |
| 45th | Zimbabwe | 6.91% | -2.8% |
| 46th | Benin | 6.93% | 31.0% |
| 47th | Viet Nam | 7.07% | 1.5% |
| 48th | Montenegro | 7.20% | -9.7% |
| 49th | Iceland | 7.26% | -11.9% |
| 50th | Mexico | 7.33% | 54.2% |
| 51st | Tonga | 7.87% | -0.7% |
| 52nd | Algeria | 8.00% | 0.0% |
| 53rd | Barbados | 8.05% | 0.0% |
| 54th | Dominica | 8.08% | -2.4% |
| 55th | Bolivia, Plurinational State of | 8.11% | 2.0% |
| 56th | Pakistan | 8.21% | -6.2% |
| 57th | Lebanon | 8.29% | -0.7% |
| 58th | Grenada | 8.31% | -3.7% |
| 59th | St. Lucia | 8.34% | -1.6% |
| 60th | Papua New Guinea | 8.39% | 0.2% |
| 61st | Jordan | 8.39% | 3.4% |
| 62nd | Mauritius | 8.50% | 0.0% |
| 63rd | St. Vincent and the Grenadines | 8.75% | -4.0% |
| 64th | Samoa | 8.76% | -3.6% |
| 65th | Trinidad and Tobago | 9.00% | 0.0% |
| 66th | St. Kitts and Nevis | 9.09% | -1.5% |
| 67th | Antigua and Barbuda | 9.31% | -2.8% |
| 68th | Belize | 9.46% | -3.8% |
| 69th | Cabo Verde | 9.49% | -1.2% |
| 70th | India | 9.51% | -1.7% |
| 71st | Bangladesh | 9.54% | -8.4% |
| 72nd | Belarus | 9.66% | -32.9% |
| 73rd | Vanuatu | 9.97% | -1.3% |
| 74th | Namibia | 10.03% | 1.9% |
| 75th | South Sudan | 10.13% | -2.3% |
| 76th | Maldives | 10.15% | -5.7% |
| 77th | Moldova | 10.36% | -27.4% |
| 78th | South Africa | 10.38% | -0.8% |
| 79th | Comoros | 10.50% | 0.0% |
| 80th | Russian Federation | 10.56% | -16.2% |
| 81st | Solomon Islands | 10.69% | 5.9% |
| 82nd | Eswatini | 10.75% | 4.9% |
| 83rd | Nicaragua | 10.78% | -5.7% |
| 84th | Indonesia | 11.07% | -6.9% |
| 85th | Costa Rica | 11.37% | -2.3% |
| 86th | Georgia | 11.49% | -9.0% |
| 87th | Sri Lanka | 11.57% | 10.3% |
| 88th | Lesotho | 11.58% | 0.0% |
| 89th | Seychelles | 12.24% | -0.9% |
| 90th | Zambia | 12.38% | -20.2% |
| 91st | Haiti | 12.75% | -3.7% |
| 92nd | Guyana | 13.00% | 0.0% |
| 93rd | Guatemala | 13.05% | -0.4% |
| 94th | Liberia | 13.25% | -2.5% |
| 95th | Timor-Leste | 13.29% | -5.4% |
| 96th | Kenya | 13.67% | -17.5% |
| 97th | Colombia | 13.69% | -6.6% |
| 98th | Uruguay | 13.83% | -14.5% |
| 99th | Dominican Republic | 13.91% | -7.8% |
| 100th | Bhutan | 14.25% | 0.7% |
| 101st | Armenia | 14.41% | -17.0% |
| 102nd | Suriname | 14.43% | 7.0% |
| 103rd | Burundi | 14.80% | 3.9% |
| 104th | Afghanistan | 14.84% | -1.1% |
| 105th | Jamaica | 14.91% | -9.6% |
| 106th | Uzbekistan | 15.38% | 13.7% |
| 107th | Sierra Leone | 15.66% | -3.4% |
| 108th | Angola | 15.81% | 0.2% |
| 109th | Myanmar | 16.00% | 0.0% |
| 110th | Micronesia, Federated States of | 16.10% | 2.5% |
| 111th | Ukraine | 16.38% | -14.8% |
| 112th | Azerbaijan | 16.54% | 1.0% |
| 113th | Peru | 16.79% | 2.0% |
| 114th | Paraguay | 16.98% | -6.0% |
| 115th | Mauritania | 17.00% | 0.0% |
| 116th | Rwanda | 17.17% | -0.7% |
| 117th | Nigeria | 17.55% | 4.1% |
| 118th | Tanzania | 17.77% | 11.4% |
| 119th | Egypt, Arab Republic of | 18.18% | 33.6% |
| 120th | Honduras | 19.26% | -0.4% |
| 121st | São Tomé and Principe | 19.61% | 0.1% |
| 122nd | Kyrgyz Republic | 19.82% | -19.2% |
| 123rd | Mongolia | 20.01% | 1.3% |
| 124th | Congo, Democratic Republic of | 20.62% | 8.3% |
| 125th | Uganda | 21.28% | -10.9% |
| 126th | Argentina | 26.58% | -14.9% |
| 127th | Mozambique | 27.86% | 31.5% |
| 128th | Gambia, The | 29.00% | 1.8% |
| 129th | Tajikistan | 29.65% | 18.9% |
| 130th | Malawi | 38.59% | -12.5% |
| 131st | Brazil | 46.92% | -9.9% |
| 132nd | Madagascar | 60.00% | 0.0% |
FAQ
What was Korea's lending rate in 2017?▾
Korea's lending rate in 2017 was 3.48%. This ranked 7th globally.
How did Korea's lending rate change in 2017?▾
Korea's lending rate increased by 3.2% in 2017 compared to 2016.
Which country had the highest lending rate in 2017?▾
Madagascar had the highest lending rate in 2017 at 60.00%.
What is the lending rate of Korea in 2017?▾
The lending rate of Korea in 2017 was 3.48%. This ranked 7th globally.
How does 2017 compare to 2016 for Korea's lending rate?▾
Korea's lending rate went from 3.37% in 2016 to 3.48% in 2017, a 3.2% increase.
Related
2016
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Full ranking 2017
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
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Non-Performing Loans
Peak: 1998
Lowest: 2020
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
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