Korea - Lending Rate 2018
3.66%
+0.19pp from 2017
Korea's lending rate was 3.66% in 2018, increased +0.19pp from 3.48% in 2017. This was the 7th highest globally.
Global Ranking - 2018▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Hungary | 1.47% | -0.7% |
| 2nd | Switzerland | 2.63% | 0.0% |
| 3rd | Italy | 2.68% | -10.7% |
| 4th | Norway | 2.93% | -2.7% |
| 5th | Israel | 3.48% | -0.6% |
| 6th | Czechia | 3.54% | -1.3% |
| 7th | Korea | 3.66% | 5.3% |
| 8th | Bosnia and Herzegovina | 3.79% | -13.5% |
| 9th | Thailand | 4.15% | -6.1% |
| 10th | San Marino | 4.16% | 2.4% |
| 11th | Chile | 4.18% | -8.2% |
| 12th | Bahamas, The | 4.25% | 0.0% |
| 13th | China | 4.35% | 0.0% |
| 14th | Kuwait | 4.83% | 2.8% |
| 15th | United States | 4.90% | 19.7% |
| 16th | Malaysia | 4.93% | 7.0% |
| 17th | Bulgaria | 4.96% | -8.8% |
| 18th | Qatar | 4.98% | 6.0% |
| 19th | Hong Kong SAR, China | 5.04% | 0.8% |
| 20th | Oman | 5.25% | 1.8% |
| 21st | Australia | 5.26% | 0.3% |
| 22nd | Macao SAR, China | 5.29% | 0.8% |
| 23rd | Singapore | 5.33% | 0.9% |
| 24th | Brunei Darussalam | 5.50% | 0.0% |
| 25th | Fiji | 5.68% | -1.1% |
| 26th | West Bank and Gaza | 5.87% | 1.4% |
| 27th | Albania | 5.93% | -4.6% |
| 28th | Aruba | 6.00% | -4.8% |
| 29th | North Macedonia | 6.11% | -7.6% |
| 30th | Philippines | 6.12% | 8.7% |
| 31st | Botswana | 6.50% | -5.5% |
| 32nd | Montenegro | 6.53% | -9.3% |
| 33rd | Kosovo | 6.65% | -2.6% |
| 34th | Benin | 6.76% | -2.5% |
| 35th | Burkina Faso | 6.76% | 3.9% |
| 36th | Romania | 6.81% | 22.4% |
| 37th | Panama | 6.88% | 1.7% |
| 38th | Iceland | 6.96% | -4.1% |
| 39th | Zimbabwe | 7.13% | 3.1% |
| 40th | Viet Nam | 7.37% | 4.3% |
| 41st | Dominica | 7.81% | -3.3% |
| 42nd | Grenada | 7.84% | -5.7% |
| 43rd | Algeria | 8.00% | 0.0% |
| 44th | Bolivia, Plurinational State of | 8.04% | -0.9% |
| 45th | Tonga | 8.04% | 2.1% |
| 46th | Mexico | 8.04% | 9.6% |
| 47th | Barbados | 8.05% | 0.0% |
| 48th | St. Lucia | 8.11% | -2.8% |
| 49th | St. Vincent and the Grenadines | 8.49% | -3.0% |
| 50th | Mauritius | 8.50% | 0.0% |
| 51st | Pakistan | 8.53% | 3.9% |
| 52nd | Jordan | 8.66% | 3.2% |
| 53rd | Belarus | 8.70% | -10.0% |
| 54th | Moldova | 8.85% | -14.6% |
| 55th | St. Kitts and Nevis | 8.86% | -2.6% |
| 56th | Russian Federation | 8.87% | -16.0% |
| 57th | Samoa | 8.95% | 2.2% |
| 58th | Cabo Verde | 8.97% | -5.4% |
| 59th | Antigua and Barbuda | 8.98% | -3.6% |
| 60th | Papua New Guinea | 9.08% | 8.2% |
| 61st | Trinidad and Tobago | 9.09% | 1.0% |
| 62nd | Lebanon | 9.10% | 9.7% |
| 63rd | Belize | 9.12% | -3.7% |
| 64th | India | 9.45% | -0.6% |
| 65th | Bangladesh | 9.65% | 1.2% |
| 66th | Zambia | 9.79% | -20.9% |
| 67th | South Africa | 10.08% | -2.8% |
| 68th | Namibia | 10.14% | 1.2% |
| 69th | Vanuatu | 10.18% | 2.2% |
| 70th | Eswatini | 10.31% | -4.1% |
| 71st | Comoros | 10.50% | 0.0% |
| 72nd | Indonesia | 10.54% | -4.8% |
| 73rd | Maldives | 10.68% | 5.2% |
| 74th | Solomon Islands | 10.75% | 0.5% |
| 75th | Nicaragua | 10.90% | 1.1% |
| 76th | Georgia | 11.12% | -3.2% |
| 77th | Costa Rica | 11.12% | -2.1% |
| 78th | Lesotho | 11.35% | -2.0% |
| 79th | Sri Lanka | 11.55% | -0.1% |
| 80th | Colombia | 12.11% | -11.5% |
| 81st | Uruguay | 12.20% | -11.8% |
| 82nd | Seychelles | 12.31% | 0.6% |
| 83rd | Dominican Republic | 12.53% | -9.9% |
| 84th | Armenia | 12.79% | -11.2% |
| 85th | Guatemala | 12.92% | -1.0% |
| 86th | Guyana | 13.00% | 0.0% |
| 87th | Kenya | 13.06% | -4.4% |
| 88th | Haiti | 13.10% | 2.8% |
| 89th | Timor-Leste | 13.46% | 1.3% |
| 90th | Bhutan | 14.00% | -1.8% |
| 91st | Jamaica | 14.09% | -5.4% |
| 92nd | Suriname | 14.30% | -0.9% |
| 93rd | Peru | 14.54% | -13.4% |
| 94th | Burundi | 14.79% | -0.1% |
| 95th | Micronesia, Federated States of | 15.70% | -2.5% |
| 96th | Paraguay | 15.72% | -7.4% |
| 97th | Sierra Leone | 15.96% | 1.9% |
| 98th | Myanmar | 16.00% | 0.0% |
| 99th | South Sudan | 16.18% | 59.7% |
| 100th | Nigeria | 16.90% | -3.7% |
| 101st | Rwanda | 16.95% | -1.3% |
| 102nd | Tanzania | 17.41% | -2.0% |
| 103rd | Azerbaijan | 17.45% | 5.5% |
| 104th | Mongolia | 17.71% | -11.5% |
| 105th | Honduras | 17.80% | -7.6% |
| 106th | Egypt, Arab Republic of | 18.32% | 0.8% |
| 107th | Ukraine | 19.00% | 16.0% |
| 108th | Kyrgyz Republic | 19.51% | -1.5% |
| 109th | Uganda | 19.85% | -6.7% |
| 110th | São Tomé and Principe | 19.87% | 1.3% |
| 111th | Uzbekistan | 19.97% | 29.8% |
| 112th | Angola | 20.68% | 30.8% |
| 113th | Mozambique | 22.98% | -17.5% |
| 114th | Congo, Democratic Republic of | 24.75% | 20.0% |
| 115th | Tajikistan | 27.19% | -8.3% |
| 116th | Gambia, The | 28.00% | -3.4% |
| 117th | Malawi | 32.29% | -16.3% |
| 118th | Brazil | 39.08% | -16.7% |
| 119th | Argentina | 48.52% | 82.5% |
| 120th | Madagascar | 55.39% | -7.7% |
FAQ
What was Korea's lending rate in 2018?▾
Korea's lending rate in 2018 was 3.66%. This ranked 7th globally.
How did Korea's lending rate change in 2018?▾
Korea's lending rate increased by 5.3% in 2018 compared to 2017.
Which country had the highest lending rate in 2018?▾
Madagascar had the highest lending rate in 2018 at 55.39%.
What is the lending rate of Korea in 2018?▾
The lending rate of Korea in 2018 was 3.66%. This ranked 7th globally.
How does 2018 compare to 2017 for Korea's lending rate?▾
Korea's lending rate went from 3.48% in 2017 to 3.66% in 2018, a 5.3% increase.
Related
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Full ranking 2018
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
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Peak: 1998
Lowest: 2020
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Lending Rate 2000s
Lending Rate 2010s
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