Central Bank RatesSouth Korea policy rate in 2004 (2 changes)
Start of year3.75%
End of year3.25%Dec 31, 2004
Net change-50 bp0 hikes, 2 cuts
Average3.614%
Rank by level23 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Aug 12, 2004 | 3.75% | 3.50% | cut -25 bp |
| Nov 11, 2004 | 3.50% | 3.25% | cut -25 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
0.75%
Year-end rate over time
3%
2.5%
3%
3.5%
3.25%
1%
0.5%
1.25%
1.75%
1.5%
1.25%
1.5%
2%
2.5%
2.75%
3.25%
2.5%
2%
3%
5%
4.5%
3.75%
3.25%
3.75%
4.25%
4%
5.25%
- 2000
- 2001
- 2002
- 2003
- 2004
- 2005
- 2006
- 2007
- 2008
- 2009
- 2010
- 2011
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
- 2023
- 2024
- 2025
- 2026
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.