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Updated March 2026

Savings Account Interest Rate in South Korea (2026)

3.40%
Ranked #101 of 161 • Global avg 6.08%

Top retail savings accounts in South Korea currently yield around 3.40%, below the global average of 6.08%.

Among the 30 economies tracked by NoodlePants, South Korea ranks #101 for savings ratenear the bottom of the global ranking.

A $10,000 deposit at 3.40% would earn about $340 in interest per year, before tax.

All financial metrics for South Korea

Mortgage Interest Rate4.50%View →
Savings Account Interest Rate3.40%View →
Credit Card Interest Rate (APR)14.0%View →
Average Rent (1BR City Centre)$920/moView →
Real Estate Price (per m²)$11,500/m²View →

Where South Korea ranks globally

#1Argentina
110.00%
#2Turkey
47.00%
#3Zimbabwe
30.00%
#4Venezuela
24.00%
#5Egypt
22.00%
#6Uzbekistan
18.00%
#7Pakistan
14.50%
#8Angola
14.00%
#9Kazakhstan
14.00%
#10Mozambique
13.00%
#11Ukraine
13.00%
#12Ghana
12.00%

Compare South Korea's savings rate

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