Interest rate of new household loans South Korea 2011-2022

Published by L. Yoon, Feb 2, 2023
In 2022, the average interest rate for new loans to households in South Korea stood at 4.6 percent, up from the previous year's 3.1 percent. The average interest rate for new loans to households in South Korea had been falling steadily before increasing again in 2021.

Annual average interest rate of new loans to households in South Korea from 2011 to 2022

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Release date

February 2023

Region

South Korea

Survey time period

2011 to 2022

Supplementary notes

Release date is the date of access.

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