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 Policy Rate

• South Africa cash rate (Policy Rate: Month End: Repo Rate) was set at 7.50 % pa in Feb 2025, compared with 7.50 % pa in the previous Jan 2025.
• South Africa Policy Rate averaged 7.00 % pa and is updated monthly, available from Nov 1999 to Feb 2025.
• The data reached an all-time high of 13.50 % pa in May 2003 and a record low of 3.50 % pa in Oct 2021.

• 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.
• Its Long Term Interest Rate (Government Bond Yield: Month End: 10 Years and Over) was reported at 10.52 % pa in Feb 2025.
• South Africa Exchange Rate against USD averaged 18.74 (USD/ZAR) in Jun 2023.
• Its Real Effective Exchange Rate was 89.35 in Dec 2024.

South Africa Prime Lending Rate data was reported at 11.000 % pa in Mar 2025. This stayed constant from the previous number of 11.000 % pa for Feb 2025. South Africa Prime Lending Rate data is updated monthly, averaging 10.500 % pa from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 17.000 % pa in May 2003 and a record low of 7.000 % pa in Oct 2021. South Africa Prime Lending Rate data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.M005: Prime Lending Rate.

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

Key information about South Africa Bank Lending Rate

• South Africa Bank Lending Rate was reported at 11.000 % pa in Mar 2025.
• This stayed constant from the previous number of 11.000 % pa for Mar 2025.
• South Africa Bank Lending Rate data is updated daily, averaging 10.250 % pa from Dec 1948 to 26 Mar 2025, with 27840 observations.
• The data reached an all-time high of 11.750 % pa in 19 Sep 2024 and a record low of 7.000 % pa in 18 Nov 2021.
• South Africa Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Daily.

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.

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.

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.

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.

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.

Lending Rate in South Africa remained unchanged at 10.75 percent in June. This dataset provides - South Africa Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank deposit interest rate, percent in Afrique du Sud, décembre, 2024 Pour cet indicateur, South African Reserve Bank fournit des données pour la Afrique du Sud de janvier 2001 à décembre 2024. La valeur moyenne pour Afrique du Sud pendant cette période était de 7.94 pour cent avec un minimum de 6.14 pour cent en juin 2021 et un maximum de 11.7 pour cent en juillet 2008. | TheGlobalEconomy.com

Inflation Rate in South Africa remained unchanged at 2.80 percent in May. This dataset provides - South Africa Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in South Africa decreased to 10.75 percent in May from 11 percent in March of 2025. This dataset provides - South Africa Prime Overdraft Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, projections show that ***** out of the **** African regions will have an increased growth margin as a share of Gross Domestic Product (GDP) compared to 2023, showing hope for economic recovery post-COVID-19 restrictions. In 2023, the region of East Africa is projected to have the highest share of GDP growth in Africa. It will have an estimated **** percent growth rate. Furthermore, compared to the 2022 projections, 2023 showed decreased growth rate, with the exception of West Africa. However, the growth rate may now be decreasing in 2023 compared to 2022 projections due to a number of factors, including a decrease in government stimulus, ongoing uncertainty related to the pandemic, and the potential for economic headwinds such as rising inflation and interest rates. In 2021, Africa's economy was projected to recover following the impact of the pandemic, with the regional real GDPs growing significantly. In 2020, Southern Africa registered the sharpest decline in GDP growth rate in the continent, at **** percent. Southern and Central Africa were the regions that suffered the most in that year, due to the coronavirus (COVID-19) pandemic's impacts on economic growth in Africa.

This study estimates the monetary policy reaction function (MPRF) in a Dynamic Stochastic General Equilibrium (DSGE) framework using Bayesian analysis for the emerging economies. DSGE models are suitable for the policy analysis because of their simplicity and prominent role of forward-looking variables. This is a pioneer study investigating the combined effects of credit spreads, fiscal imbalances, and monetary autonomy on interest rates for BRICS member countries. Using real data for the period 1970–2021, the posterior estimates confirm that both credit spread and fiscal imbalance significantly contribute to fluctuations in output, inflation, and interest rates in all the sample economies. The estimates show that fluctuations in the inflation rate are due to supply shocks. The empirical estimates also reveal that fiscal imbalances shock significantly affect output in Brazil, India, and South Africa, whereas, based on real data inflation and interest rate are significantly affected by fiscal imbalance shocks in China and South Africa. Yet, the findings suggest that the effects of various shocks on output and interest rates vary across countries.

Interbank Rate in South Africa remained unchanged at 7.10 percent on Monday July 14. This dataset provides - South Africa Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suku Bunga Acuan Afrika Selatan dilaporkan sebesar 7.50 % pa pada 2025-02. Angka ini tetap dibanding sebelumnya yaitu 7.50 % pa untuk 2025-01. Data Suku Bunga Acuan Afrika Selatan diperbarui bulanan, dengan rata-rata 7.00 % pa dari 1999-11 sampai 2025-02, dengan 304 observasi. Data ini mencapai angka tertinggi sebesar 13.50 % pa pada 2003-05 dan rekor terendah sebesar 3.50 % pa pada 2021-10. Data Suku Bunga Acuan Afrika Selatan tetap berstatus aktif di CEIC dan dilaporkan oleh South African Reserve Bank. Data dikategorikan dalam Afrika Selatan Global Database – Table ZA.M001: Repo Rate.

Südafrikas Leitzins belief sich im 2025-02 auf 7.50 % pa. Dies stellt keine Veränderung im Vergleich zu den vorherigen Zahlen von 7.50 % pa für 2025-01 dar. Südafrikas Leitzins werden monatlich aktualisiert, mit einem Durchschnitt von 7.00 % pa von 1999-11 bis 2025-02, mit 304 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 13.50 % pa im 2003-05 und ein Rekordtief in Höhe von 3.50 % pa im 2021-10. Südafrikas Leitzins Daten behalten den Aktiv-Status in CEIC und werden von South African Reserve Bank gemeldet. Die Daten werden unter Global Databases Südafrika – Table ZA.M001: Repo Rate kategorisiert.

南アフリカの政策金利は、2025-02に7.50 % paを記録しました。前期2025-01の 7.50 % paと比べると横這いの結果となりました。南アフリカの政策金利は月次で更新され、1999-11から2025-02の304つの値で平均は 7.00 % pa。最高値は2003-05の13.50 % pa、最低値は2021-10の3.50 % pa。政策金利はActiveステータスデータであり、South African Reserve Bankが発表元です。当データは、Global Databaseの南アフリカ – Table ZA.M001: Repo Rateに格納されています。