Korea, Rep.—Central Bank Policy Rate (%)
Category: Financial MarketsSource: World Bank World Development IndicatorsGlobal Rank: #19 of 43
Latest Value
2.66%
2025
YoY Change
-22.8%
2024 → 2025
Global Rank
#19
of 43 countries
Maximum
14.98%
1998
Minimum
0.61%
2021
CAGR
-5.6%
29 years
Last
2.66%
Previous
3.44%
Highest
14.98%
Lowest
0.61%
Unit
Percent per annum
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2025 | 2.66% | -22.8% |
| 2024 | 3.44% | -1.9% |
| 2023 | 3.51% | +73.6% |
| 2022 | 2.02% | +230.2% |
| 2021 | 0.61% | -12.3% |
| 2020 | 0.70% | -56.2% |
| 2019 | 1.59% | +4.6% |
| 2018 | 1.52% | +20.7% |
| 2017 | 1.26% | -6.1% |
| 2016 | 1.34% | -18.4% |
| 2015 | 1.65% | -29.6% |
| 2014 | 2.33% | -9.7% |
| 2013 | 2.58% | -15.9% |
| 2012 | 3.08% | -0.5% |
| 2011 | 3.09% | +43.2% |
| 2010 | 2.16% | +8.8% |
| 2009 | 1.98% | -58.5% |
| 2008 | 4.78% | +0.3% |
| 2007 | 4.77% | +13.8% |
| 2006 | 4.19% | +25.8% |
| 2005 | 3.33% | -8.3% |
| 2004 | 3.63% | -8.7% |
| 2003 | 3.98% | -5.1% |
| 2002 | 4.19% | -10.5% |
| 2001 | 4.68% | -8.7% |
| 2000 | 5.13% | +2.8% |
| 1999 | 4.99% | -66.7% |
| 1998 | 14.98% | +13.7% |
| 1997 | 13.18% |
Top Countries — Central Bank Policy Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Turkiye | 41.33% | 2025 |
| 2 | Russian Federation | 17.83% | 2024 |
| 3 | Brazil | 14.41% | 2025 |
| 4 | South Africa | 7.24% | 2025 |
| 5 | Mexico | 6.66% | 2025 |
| 6 | Hungary | 6.48% | 2025 |
| 7 | India | 6.03% | 2025 |
| 8 | New Zealand | 5.24% | 2024 |
| 9 | Poland | 5.10% | 2025 |
| 10 | Indonesia | 5.04% | 2025 |
About This Indicator
Definition
Central bank policy interest rate. The rate at which the central bank lends to commercial banks, the primary monetary policy instrument.
Unit
Percent per annum
Source: FRED / OECD / Central BanksView original source →