South Korea policy rate in 2002 (1 changes)

Start of year4.00%

End of year4.25%Dec 31, 2002

Net change+25 bp1 hikes, 0 cuts

Average4.165%

Rank by level20 / 34

Changes in 2002

Date	From	To	Change
May 7, 2002	4.00%	4.25%	hike +25 bp

Compared with other areas at the end of 2002

Türkiye44%

Brazil25%

Russia21%

North Macedonia15.22%

South Africa13.5%

Serbia9.5%

Israel8.9%

Hungary8.5%

Mexico8.25%

India7.5%

Philippines7%

Poland6.75%

Norway6.5%

New Zealand5.75%

Iceland5.63%

China5.31%

Colombia5.25%

Malaysia5%

Australia4.75%

South Korea4.25%

United Kingdom4%

Sweden3.75%

Morocco3.25%

Kuwait3.25%

Chile3%

Denmark2.95%

Euro area2.75%

Hong Kong2.75%

Czechia2.75%

Canada2.75%

Saudi Arabia2%

Thailand1.75%

United States1.25%

Switzerland0.75%

Year-end rate over time

20263%

20252.5%

20243%

20233.5%

20223.25%

20211%

20200.5%

20191.25%

20181.75%

20171.5%

20161.25%

20151.5%

20142%

20132.5%

20122.75%

20113.25%

20102.5%

20092%

20083%

20075%

20064.5%

20053.75%

20043.25%

20033.75%

20024.25%

20014%

20005.25%

← 2001 2003 →

2002: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.