Interest spread, which is the difference between interest rate on loans and deposits fell 7.43% to 1.25% in South Korea in 2024, according to the National Central Bank.
Historically, interest spread, which is the difference between interest rate on loans and deposits in South Korea reached an all time high of 2.17% in 2009 and an all time low of 0.607% in 2000.
South Korea has been ranked 63rd within the group of 64 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits, 53 places above the position seen 10 years ago.
| Interest Spread (Difference Between Interest Rate on Loans and Deposits) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Cambodia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| China | % | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | ||||||||||||||||
| India | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Japan | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Laos | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||
| North Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Russia | % | 3.50% | 3.35% | 3.01% | 3.39% | 3.86% | ... | |||||||||||||||
| South Korea | % | 1.64% | 1.59% | 1.64% | 1.69% | 1.17% | ||||||||||||||||
| Thailand | % | 2.86% | 2.67% | 2.67% | 2.65% | 2.63% | ||||||||||||||||
| USA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Vietnam | % | 2.63% | 2.73% | 3.53% | 4.44% | 4.20% | ... |
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