Korea, Rep.—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #86 of 112Updated April 2026
Latest Value
0.6%
2024
YoY Change
-79.5%
2023 → 2024
Global Rank
#86
of 112 countries
Maximum
7.5%
2000
Minimum
-0.3%
2021
CAGR
-9.8%
25 years
Last
0.6%
Previous
3.1%
Highest
7.5%
Lowest
-0.3%
Source
World Bank World Development Indicators
Korea, Rep.'s real interest rate (%) was 0.6% in 2024, ranking #86 out of 112 countries. This represents a -79.5% change from 2023. Over the past 25 years, the highest recorded value was 7.5% (2000) and the lowest was -0.3% (2021). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 0.6% | -79.5% |
| 2023 | 3.1% | +26.5% |
| 2022 | 2.4% | +949.7% |
| 2021 | -0.3% | -124.0% |
| 2020 | 1.2% | -70.8% |
| 2019 | 4.1% | +33.0% |
| 2018 | 3.1% | +115.4% |
| 2017 | 1.4% | +11.8% |
| 2016 | 1.3% | +333.0% |
| 2015 | 0.3% | -90.7% |
| 2014 | 3.2% | -9.9% |
| 2013 | 3.5% | -12.9% |
| 2012 | 4.1% | -8.5% |
| 2011 | 4.4% | +62.8% |
| 2010 | 2.7% | +31.0% |
| 2009 | 2.1% | -49.5% |
| 2008 | 4.1% | +4.2% |
| 2007 | 3.9% | -36.0% |
| 2006 | 6.2% | +39.8% |
| 2005 | 4.4% | +72.1% |
| 2004 | 2.6% | -0.8% |
| 2003 | 2.6% | -29.3% |
| 2002 | 3.6% | -9.3% |
| 2001 | 4.0% | -46.6% |
| 2000 | 7.5% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |