In 2021, the average interest rate for new loans to businesses in South Korea stood at 2.81 percent, down from the previous year's 2.84 percent. The average interest rate for new loans to businesses in South Korea has fallen steadily in recent years.
Annual average interest rate of new loans to businesses in South Korea from 2011 to 2021
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Bank of Korea. (August 10, 2022). Annual average interest rate of new loans to businesses in South Korea from 2011 to 2021 [Graph]. In Statista. Retrieved October 03, 2023, from https://www.statista.com/statistics/1119994/south-korea-average-interest-rate-new-business-loans/
Bank of Korea. "Annual average interest rate of new loans to businesses in South Korea from 2011 to 2021." Chart. August 10, 2022. Statista. Accessed October 03, 2023. https://www.statista.com/statistics/1119994/south-korea-average-interest-rate-new-business-loans/
Bank of Korea. (2022). Annual average interest rate of new loans to businesses in South Korea from 2011 to 2021. Statista. Statista Inc.. Accessed: October 03, 2023. https://www.statista.com/statistics/1119994/south-korea-average-interest-rate-new-business-loans/
Bank of Korea. "Annual Average Interest Rate of New Loans to Businesses in South Korea from 2011 to 2021." Statista, Statista Inc., 10 Aug 2022, https://www.statista.com/statistics/1119994/south-korea-average-interest-rate-new-business-loans/
Bank of Korea, Annual average interest rate of new loans to businesses in South Korea from 2011 to 2021 Statista, https://www.statista.com/statistics/1119994/south-korea-average-interest-rate-new-business-loans/ (last visited October 03, 2023)
Annual average interest rate of new loans to businesses in South Korea from 2011 to 2021 [Graph], Bank of Korea, August 10, 2022. [Online]. Available: https://www.statista.com/statistics/1119994/south-korea-average-interest-rate-new-business-loans/