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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Bank of Korea. (February 2, 2023). Annual average interest rate of new loans to households in South Korea from 2011 to 2022 [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1119986/south-korea-average-interest-rate-new-household-loans/
Bank of Korea. "Annual average interest rate of new loans to households in South Korea from 2011 to 2022." Chart. February 2, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1119986/south-korea-average-interest-rate-new-household-loans/
Bank of Korea. (2023). Annual average interest rate of new loans to households in South Korea from 2011 to 2022. Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1119986/south-korea-average-interest-rate-new-household-loans/
Bank of Korea. "Annual Average Interest Rate of New Loans to Households in South Korea from 2011 to 2022." Statista, Statista Inc., 2 Feb 2023, https://www.statista.com/statistics/1119986/south-korea-average-interest-rate-new-household-loans/
Bank of Korea, Annual average interest rate of new loans to households in South Korea from 2011 to 2022 Statista, https://www.statista.com/statistics/1119986/south-korea-average-interest-rate-new-household-loans/ (last visited October 02, 2024)
Annual average interest rate of new loans to households in South Korea from 2011 to 2022 [Graph], Bank of Korea, February 2, 2023. [Online]. Available: https://www.statista.com/statistics/1119986/south-korea-average-interest-rate-new-household-loans/