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# South Korea Interest Rate

> South Korea interest rate is 2.8% as of Jul 2026, from 2.5%. History from 1999, source Bank for International Settlements. Free API & MCP access.

Interest Rate in South Korea rose to 2.8% in Jul 2026 from 2.5% in Jun 2026.

Interest Rate in South Korea averaged 2.9% from 1999 until 2026, reaching an all-time high of 5.3% in Sep 2008 and a record low of 0.5% in Jul 2021. The series is reported monthly with history from 1999.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 2.8% | 2.5% | 5.3% (Sep 2008) | 0.5% (Jul 2021) | 1999–2026 | % | monthly |

## FAQ

**What is South Korea's interest rate right now?**

Interest Rate in South Korea is 2.8% as of Jul 2026.

**What are the historical extremes for South Korea's interest rate?**

The all-time high is 5.3% (Sep 2008); the record low is 0.5% (Jul 2021), over a series starting in 1999.

**How often is this series updated?**

Interest Rate for South Korea is a monthly series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=south-korea&indicator=interest-rate`.
Back to [Korea, Republic of economy](/south-korea.md).