Bank of Korea

Bank of Korea Base Rate

View country page: Korea

3.00%

+0.25 pp last change ()

As of | Daily (policy rate; changes on Monetary Policy Board decision days)

Mean
2.90%
Median
3.00%
Min
0.50%
Max
5.25%
DateRate
3.00
3.00
2.75
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.50
2.75
2.75
2.75
3.00
3.00
3.00
3.25

About the Base Rate

Bank of Korea Base Rate from the official change list on bok.or.kr. Current: 3.00% on Sep 20, 2026. Chart is stepped at Monetary Policy Board decisions.

From May 6, 1999 to Sep 20, 2026 (10,000 observations): mean 2.90%, median 3.00%; low 0.50% (May 28, 2020), high 5.25% (Oct 5, 2000). Not a mortgage or deposit rate.

Source: Bank of Korea base rate change list (public data). Licence: Bank of Korea public data policy: designated public data may be reused freely with attribution (terms). Files: data/raw/bok-base-rate-list.html.

Reading the figures

Read the latest value together with its observation date. The change compares it with the previous observation; when a policy rate is unchanged, the last actual move is shown where available. Percentage points measure the difference between two rates; a percentage change measures that difference relative to the earlier value. The summary statistics describe the history used on this page, not a forecast or a separate official aggregate.

The chart and table present the same series, with the newest table entries first. Range controls filter the chart without changing the data or recalculating the summary statistics. Explore enables zoom and pan. A policy rate, a market benchmark and a retail survey average are different measures; none is a personal loan or deposit offer.