{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"kr-lending-interest-rate","url":"https://apiardata.com/statistics/kr-lending-interest-rate","html_url":"https://apiardata.com/statistics/kr-lending-interest-rate/","title":"South Korea Bank Lending Interest Rate (2025)","description":"South Korea's Bank Lending Interest Rate: 4.2 % per annum in 2025, -0.5pp YoY. World Bank (FR.INR.LEND), 1996–2025.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","South Korea","2025"],"publisher":"World Bank","frequency":"Annual","geography":"South Korea","temporal_coverage":"1996/2025","unit":"% per annum","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"South Korea Bank Lending Interest Rate","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/FR.INR.LEND?locations=KR"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1996–2025"},{"label":"Observations","value":"30"},{"label":"Geography","value":"South Korea"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"South Korea (2025)","value":"4.2","unit":"% per annum","trend":{"direction":"down","value":"-0.5pp YoY"}},{"label":"YoY Change","value":"-0.5pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"30","unit":"years of data"}],"series":[{"key":"value","label":"South Korea Bank Lending Interest Rate"}],"observation_count":30,"observations":[{"period":"1996","value":11.065},{"period":"1997","value":11.8766666666667},{"period":"1998","value":15.2791666666667},{"period":"1999","value":9.39583333333333},{"period":"2000","value":8.545},{"period":"2001","value":7.70833333333333},{"period":"2002","value":6.76916666666667},{"period":"2003","value":6.23666666666667},{"period":"2004","value":5.90416666666667},{"period":"2005","value":5.59333333333333},{"period":"2006","value":5.9875},{"period":"2007","value":6.55166666666667},{"period":"2008","value":7.16833333333333},{"period":"2009","value":5.64916666666667},{"period":"2010","value":5.51166666666667},{"period":"2011","value":5.7575},{"period":"2012","value":5.39583333333333},{"period":"2013","value":4.64333333333333},{"period":"2014","value":4.26333333333333},{"period":"2015","value":3.53333333333333},{"period":"2016","value":3.3675},{"period":"2017","value":3.47666666666666},{"period":"2018","value":3.6625},{"period":"2019","value":3.44583333333333},{"period":"2020","value":2.80166666666667},{"period":"2021","value":2.88416666666667},{"period":"2022","value":4.2925},{"period":"2023","value":5.18916666666667},{"period":"2024","value":4.72666666666667},{"period":"2025","value":4.1925}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% per annum"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"4.2","yoyChange":"-0.5pp"},{"year":"2024","value":"4.7","yoyChange":"-0.5pp"},{"year":"2023","value":"5.2","yoyChange":"+0.9pp"},{"year":"2022","value":"4.3","yoyChange":"+1.4pp"},{"year":"2021","value":"2.9","yoyChange":"+0.1pp"},{"year":"2020","value":"2.8","yoyChange":"-0.6pp"},{"year":"2019","value":"3.4","yoyChange":"-0.3pp"},{"year":"2018","value":"3.7","yoyChange":"+0.2pp"},{"year":"2017","value":"3.5","yoyChange":"+0.1pp"},{"year":"2016","value":"3.4","yoyChange":"-0.1pp"},{"year":"2015","value":"3.5","yoyChange":"-0.8pp"},{"year":"2014","value":"4.3","yoyChange":"-0.3pp"},{"year":"2013","value":"4.6","yoyChange":"-0.8pp"},{"year":"2012","value":"5.4","yoyChange":"-0.4pp"},{"year":"2011","value":"5.8","yoyChange":"+0.3pp"},{"year":"2010","value":"5.5","yoyChange":"-0.1pp"},{"year":"2009","value":"5.6","yoyChange":"-1.6pp"},{"year":"2008","value":"7.2","yoyChange":"+0.6pp"},{"year":"2007","value":"6.6","yoyChange":"+0.6pp"},{"year":"2006","value":"6.0","yoyChange":"+0.4pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the prime or benchmark bank lending rate in South Korea from 1990 to present. Lending rates directly affect the cost of corporate borrowing and investment activity. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1996–2025 (30 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 15.3 % per annum in 1998 and reached its lowest recorded value of 2.8 in 2020. The latest reading of 4.2 in 2025 represents a change of -0.5pp."}]}