Bank of Korea base rate (end of month)
Bank for International Settlements (BIS)Period 2017-01~2026-09Retrieved 2026-11-09
The base rate set by the Bank of Korea (end of month). It is the starting point for loan and deposit rates. Before March 2008 it was the call rate target.
2017-01: 1.25% → 2026-09: 3% (up 1.75 pp). Highest: 2023-01 (3.5%).
Tap a point or bar in a chart, a map tile or a table row to see the figure and a plain explanation here.
| Month | Bank of Korea base rate (end of month) |
|---|---|
| 2017-01 | 1.25 |
| 2017-02 | 1.25 |
| 2017-03 | 1.25 |
| 2017-04 | 1.25 |
| 2017-05 | 1.25 |
| 2017-06 | 1.25 |
| 2017-07 | 1.25 |
| 2017-08 | 1.25 |
| 2017-09 | 1.25 |
| 2017-10 | 1.25 |
| 2017-11 | 1.5 |
| 2017-12 | 1.5 |
| 2018-01 | 1.5 |
| 2018-02 | 1.5 |
| 2018-03 | 1.5 |
| 2018-04 | 1.5 |
| 2018-05 | 1.5 |
| 2018-06 | 1.5 |
| 2018-07 | 1.5 |
| 2018-08 | 1.5 |
| 2018-09 | 1.5 |
| 2018-10 | 1.5 |
| 2018-11 | 1.75 |
| 2018-12 | 1.75 |
| 2019-01 | 1.75 |
| 2019-02 | 1.75 |
| 2019-03 | 1.75 |
| 2019-04 | 1.75 |
| 2019-05 | 1.75 |
| 2019-06 | 1.75 |
| 2019-07 | 1.5 |
| 2019-08 | 1.5 |
| 2019-09 | 1.5 |
| 2019-10 | 1.25 |
| 2019-11 | 1.25 |
| 2019-12 | 1.25 |
| 2020-01 | 1.25 |
| 2020-02 | 1.25 |
| 2020-03 | 0.75 |
| 2020-04 | 0.75 |
| 2020-05 | 0.5 |
| 2020-06 | 0.5 |
| 2020-07 | 0.5 |
| 2020-08 | 0.5 |
| 2020-09 | 0.5 |
| 2020-10 | 0.5 |
| 2020-11 | 0.5 |
| 2020-12 | 0.5 |
| 2021-01 | 0.5 |
| 2021-02 | 0.5 |
| 2021-03 | 0.5 |
| 2021-04 | 0.5 |
| 2021-05 | 0.5 |
| 2021-06 | 0.5 |
| 2021-07 | 0.5 |
| 2021-08 | 0.75 |
| 2021-09 | 0.75 |
| 2021-10 | 0.75 |
| 2021-11 | 1.0 |
| 2021-12 | 1.0 |
| 2022-01 | 1.25 |
| 2022-02 | 1.25 |
| 2022-03 | 1.25 |
| 2022-04 | 1.5 |
| 2022-05 | 1.75 |
| 2022-06 | 1.75 |
| 2022-07 | 2.25 |
| 2022-08 | 2.5 |
| 2022-09 | 2.5 |
| 2022-10 | 3.0 |
| 2022-11 | 3.25 |
| 2022-12 | 3.25 |
| 2023-01 | 3.5 |
| 2023-02 | 3.5 |
| 2023-03 | 3.5 |
| 2023-04 | 3.5 |
| 2023-05 | 3.5 |
| 2023-06 | 3.5 |
| 2023-07 | 3.5 |
| 2023-08 | 3.5 |
| 2023-09 | 3.5 |
| 2023-10 | 3.5 |
| 2023-11 | 3.5 |
| 2023-12 | 3.5 |
| 2024-01 | 3.5 |
| 2024-02 | 3.5 |
| 2024-03 | 3.5 |
| 2024-04 | 3.5 |
| 2024-05 | 3.5 |
| 2024-06 | 3.5 |
| 2024-07 | 3.5 |
| 2024-08 | 3.5 |
| 2024-09 | 3.5 |
| 2024-10 | 3.25 |
| 2024-11 | 3.0 |
| 2024-12 | 3.0 |
| 2025-01 | 3.0 |
| 2025-02 | 2.75 |
| 2025-03 | 2.75 |
| 2025-04 | 2.75 |
| 2025-05 | 2.5 |
| 2025-06 | 2.5 |
| 2025-07 | 2.5 |
| 2025-08 | 2.5 |
| 2025-09 | 2.5 |
| 2025-10 | 2.5 |
| 2025-11 | 2.5 |
| 2025-12 | 2.5 |
| 2026-01 | 2.5 |
| 2026-02 | 2.5 |
| 2026-03 | 2.5 |
| 2026-04 | 2.5 |
| 2026-05 | 2.5 |
| 2026-06 | 2.5 |
| 2026-07 | 2.75 |
| 2026-08 | 3.0 |
| 2026-09 | 3.0 |
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Reference (APA 7th)
Bank for International Settlements. (2026). Central bank policy rates: Korea [Data set]. BIS Data Portal. Retrieved November 9, 2026, from https://data.bis.org/topics/CBPOL
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