South Korea policy rate in 2006 (3 changes)

Start of year3.75%

End of year4.50%Dec 29, 2006

Net change+75 bp3 hikes, 0 cuts

Average4.213%

Rank by level26 / 38

Changes in 2006

Date	From	To	Change
Feb 9, 2006	3.75%	4.00%	hike +25 bp
Jun 8, 2006	4.00%	4.25%	hike +25 bp
Aug 10, 2006	4.25%	4.50%	hike +25 bp

Compared with other areas at the end of 2006

Türkiye17.5%

Serbia14%

Iceland13.3%

Brazil13.25%

Russia11%

Indonesia9.75%

South Africa9%

Romania8.75%

Hungary8%

Philippines7.5%

Colombia7.5%

New Zealand7.25%

India7.25%

Mexico7.02%

Hong Kong6.75%

Kuwait6.25%

Australia6.25%

China6.12%

North Macedonia5.81%

United States5.25%

Chile5.25%

Saudi Arabia5.2%

Thailand5%

United Kingdom5%

Peru4.5%

South Korea4.5%

Israel4.5%

Canada4.25%

Poland4%

Denmark3.75%

Euro area3.5%

Norway3.5%

Malaysia3.5%

Morocco3.25%

Sweden3%

Czechia2.5%

Switzerland2%

Japan0.25%

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%

← 2005 2007 →

2006: hikes and cuts worldwide →

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