Central Bank RatesSouth Korea policy rate in 2014 (2 changes)
Start of year2.50%
End of year2.00%Dec 31, 2014
Net change-50 bp0 hikes, 2 cuts
Average2.35%
Rank by level26 / 37
Changes in 2014
| Date | From | To | Change |
|---|---|---|---|
| Aug 14, 2014 | 2.50% | 2.25% | cut -25 bp |
| Oct 15, 2014 | 2.25% | 2.00% | cut -25 bp |
Compared with other areas at the end of 2014
17%
11.75%
8.25%
8%
8%
7.75%
5.75%
5.6%
4.5%
4.5%
4%
3.5%
3.5%
3.25%
3.25%
3%
3%
2.75%
2.5%
2.5%
2.1%
2%
2%
2%
2%
2%
1.25%
1%
0.5%
0.5%
0.25%
0.125%
0.05%
0.05%
0%
-0.05%
-0.25%
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
2014: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.