In 2022, interest rate spread for Republic of Korea was 1.17 %. Though Republic of Korea interest rate spread fluctuated substantially in recent years, it tended to decrease through 2003 - 2022 period ending at 1.17 % in 2022.
The description is composed by our digital data assistant.Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
| Date | Value | Change, % |
|---|---|---|
| 2022 | 1.17 | -30.62% |
| 2021 | 1.69 | 2.84% |
| 2020 | 1.64 | 2.98% |
| 2019 | 1.59 | -2.65% |
| 2018 | 1.64 | -9.41% |
| 2017 | 1.81 | -0.18% |
| 2016 | 1.81 | 4.98% |
| 2015 | 1.72 | -0.19% |
| 2014 | 1.73 | -1.43% |
| 2013 | 1.75 | 3.39% |
| 2012 | 1.70 | 5.61% |
| 2011 | 1.61 |