Interest rate on bank deposits reached 1.62% in third quarter of 2015 in South Korea, according to the National Central Bank. This is 9.51% less than in the previous quarter.
Historically, interest rate on bank deposits in South Korea reached an all time high of 16.4% in 1Q1998 and an all time low of 1.62% in 3Q2015.
South Korea has been ranked 71st within the group of 102 countries we follow in terms of interest rate on bank deposits.
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