The benchmark interest rate in South Africa was last recorded at 7.25 percent. This dataset provides - South Africa Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about South Africa Short Term Interest Rate

• South Africa Short Term Interest Rate: Month End: Treasury Bills Rate: 91 Days was reported at 7.41 % pa in Feb 2025, compared with 7.70 % pa in the previous month.
• South Africa Short Term Interest Rate data is updated monthly, available from Dec 1980 to Feb 2025.
• The data reached an all-time high of 22.15 % pa in Feb 1985 and a record low of 3.45 % pa in Aug 2020.
• Short Term Interest Rate is reported by reported by South African Reserve Bank.

• In the latest reports, South Africa Government Bond Yield: Month End: 10 Years and Over was reported at 10.52 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 7.50 % pa in Feb 2025.
• South Africa Exchange Rate against USD averaged 18.74 (USD/ZAR) in Jun 2023.

Real interest rate (%) in South Africa was reported at 6.3888 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for South Africa (IRSTCB01ZAM156N) from Jan 1960 to Dec 2023 about South Africa, overnight, interest rate, banks, interest, depository institutions, and rate.

South Africa ZA: Deposit Interest Rate data was reported at 7.245 % pa in 2017. This records an increase from the previous number of 7.172 % pa for 2016. South Africa ZA: Deposit Interest Rate data is updated yearly, averaging 6.309 % pa from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 11.613 % pa in 2008 and a record low of 5.152 % pa in 2013. South Africa ZA: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Lending interest rate (%) in South Africa was reported at 11.62 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

South Africa ZA: Lending Interest Rate data was reported at 10.375 % pa in 2017. This records a decrease from the previous number of 10.458 % pa for 2016. South Africa ZA: Lending Interest Rate data is updated yearly, averaging 11.750 % pa from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 22.333 % pa in 1984 and a record low of 5.500 % pa in 1963. South Africa ZA: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Key information about South Africa Long Term Interest Rate

• South Africa Government Bond Yield: Month End: 10 Years and Over was reported at 10.52 % pa in Feb 2025, compared with 10.38 % pa in the previous month.
• South Africa Long Term Interest Rate data is updated monthly, available from Aug 2006 to Feb 2025.
• The data reached an all-time high of 12.43 % pa in Sep 2023 and a record low of 6.73 % pa in Apr 2013.
• Long Term Interest Rate is reported by reported by South African Reserve Bank.

• In the latest reports, South Africa Short Term Interest Rate: Month End: Treasury Bills Rate: 91 Days was reported at 7.41 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Repo Rate) was set at 7.50 % pa in Feb 2025.
• South Africa Exchange Rate against USD averaged 18.74 (USD/ZAR) in Jun 2023.

Bank deposit interest rate, percent in South Africa, December, 2024 The most recent value is 8.88 percent as of December 2024, a decline compared to the previous value of 8.94 percent. Historically, the average for South Africa from January 2001 to December 2024 is 7.94 percent. The minimum of 6.14 percent was recorded in June 2021, while the maximum of 11.7 percent was reached in July 2008. | TheGlobalEconomy.com

Deposit interest rate (%) in South Africa was reported at 6.6517 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Africa - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for South Africa Interest Rate.

Forecast: Bank Lending Interest Rate in South Africa 2022 - 2026 Discover more data with ReportLinker!

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Treasury Securities: Total for South Africa (IR3TTS01ZAM156N) from Dec 1980 to Dec 2023 about South Africa, 3-month, securities, Treasury, yield, interest rate, interest, and rate.

Deposit Interest Rate in South Africa decreased to 7.85 percent in February from 7.88 percent in January of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in South Africa.

South Africa ZA: Interest Rate Spread data was reported at 3.130 % pa in 2017. This records a decrease from the previous number of 3.287 % pa for 2016. South Africa ZA: Interest Rate Spread data is updated yearly, averaging 3.319 % pa from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 3.513 % pa in 2008 and a record low of 3.130 % pa in 2017. South Africa ZA: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

South Africa ZA: Real Interest Rate data was reported at 4.584 % pa in 2017. This records an increase from the previous number of 3.451 % pa for 2016. South Africa ZA: Real Interest Rate data is updated yearly, averaging 3.728 % pa from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 13.012 % pa in 1998 and a record low of -12.315 % pa in 1980. South Africa ZA: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Libya registered the lowest mortgage interest rate in South Africa in 2022, at five percent. At the other end of the scale was Zimbabwe, where the prevailing mortgage rate was 50 percent. In Ghana, the second to last country in the ranking, interest rates on housing loans averaged 26 percent.

Long-term interest rate in South Africa, March, 2025 The most recent value is 11 percent as of March 2025, an increase compared to the previous value of 10.5 percent. Historically, the average for South Africa from January 1960 to March 2025 is 10.53 percent. The minimum of 4.75 percent was recorded in November 1962, while the maximum of 18.3 percent was reached in September 1998. | TheGlobalEconomy.com

Key Interest Rate: Central Banks data was reported at 7.250 % in Dec 2026. This stayed constant from the previous number of 7.250 % for Sep 2026. Key Interest Rate: Central Banks data is updated quarterly, averaging 7.000 % from Mar 2000 (Median) to Dec 2026, with 108 observations. The data reached an all-time high of 13.500 % in Mar 2003 and a record low of 3.500 % in Sep 2021. Key Interest Rate: Central Banks data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Africa – Table ZA.OECD.EO: Interest Rate: Forecast: Non OECD Member: Quarterly.