Cost of moneySouth Korea
Deposit rate in South Korea
What does parked money earn there?
South Korea's deposit rate is 2.73 % — #45 of 70 countries on the atlas (higher is better). Period 2025.
Among 70 countries
- Rank
- #45 of 70
- higher is better
- Ranked behind
- 36 %
- 25 of 70 countries
In Asia: #11 of 19vs median 4.96 %: −2.23 pp (worse)
The neighbourhood
| # | Country | Deposit rate | vs South Korea |
|---|---|---|---|
| 43 | Costa Rica | 3.44 % | +0.71 pp |
| 44 | Norway | 3.21 % | +0.48 pp |
| 45 | South Korea | 2.73 % | — |
| 46 | Morocco | 2.68 % | −0.05 pp |
| 47 | Kuwait | 2.62 % | −0.11 pp |
Bank deposit rate, IMF-harmonised — what parked money earns.
How to read this figure
The IMF-harmonised deposit rate — what banks pay on deposits. Compare it with inflation: a deposit rate below inflation means parked money loses purchasing power even inside the bank. Same harmonisation trade-off as the lending rate.
Deposit rate, all countries ranked →Compare South Korea with another country →Everything about South Korea →
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