South Korea policy rate in 2005 (2 changes)

Start of year3.25%

End of year3.75%Dec 30, 2005

Net change+50 bp2 hikes, 0 cuts

Average3.326%

Rank by level27 / 37

Changes in 2005

Date	From	To	Change
Oct 11, 2005	3.25%	3.50%	hike +25 bp
Dec 8, 2005	3.50%	3.75%	hike +25 bp

Compared with other areas at the end of 2005

Brazil18%

Türkiye13.5%

Indonesia12.75%

Russia12%

Iceland9.97%

Serbia8.5%

North Macedonia8.37%

Mexico8.27%

Romania7.5%

Philippines7.5%

New Zealand7.25%

South Africa7%

India6.25%

Kuwait6%

Hungary6%

Colombia6%

Hong Kong5.75%

China5.58%

Australia5.5%

Saudi Arabia4.75%

Poland4.5%

Israel4.5%

United Kingdom4.5%

Chile4.5%

United States4.25%

Thailand4%

South Korea3.75%

Peru3.25%

Morocco3.25%

Canada3.25%

Malaysia3%

Denmark2.4%

Euro area2.25%

Norway2.25%

Czechia2%

Sweden1.5%

Switzerland1%

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%

← 2004 2006 →

2005: hikes and cuts worldwide →

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