Interest rate of new business loans to SMEs South Korea 2012-2022

Published by L. Yoon, Jul 1, 2024
In 2022, the average interest rate for new loans to small and medium-sized enterprises in South Korea stood at 4.44 percent, representing an increase from previous year's 2.98 percent. The overall average interest rate for new business loans stood at 4.22 percent that year.

Annual average interest rate of new business loans to small and medium enterprises in South Korea from 2012 to 2022

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Release date

November 2023

Region

South Korea

Survey time period

2012 to 2022

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