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 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.

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

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.

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

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.

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.

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.

Interbank Rate in South Africa remained unchanged at 7.11 percent on Friday June 20. This dataset provides - South Africa Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Africa’s inflation has been quite stable for the past years, levelling off between 3.2 and 6.9 percent, and is in fact expected to stabilize at around 4.5 percent in the future. South Africa is a mixed economy, generating most of its GDP through the services sector, especially tourism. However, the country struggles with unemployment and poverty.

Inflation who?

The inflation rate of a country is an important key factor to determine the country’s economic strength. It is calculated using the price increase of a defined product basket, containing goods and services on which the average consumer spends money throughout the year. They include, for example, expenses for groceries, clothes, rent, utilities, but also recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. Some of these goods are more volatile than others – food prices, for example, are considered less reliable. The European Central Bank aims to keep inflation at around two percent in the long run.

What happened in 2016?

In 2016, South Africa’s inflation rate peaked at over 6.3 percent, and gross domestic product, and thus economic growth , took a hit, a sure indicator that something was affecting the country’s economic scaffolding: Low growth due to weak demand and an uncertain political future caused a crisis; then-President Jacob Zuma’s alleged mismanagement and unstable reign steeped in controversy and criminal charges even caused the economy’s outlook to be downgraded by ratings agencies. Zuma was relieved of his office in 2018 – ever since, inflation, GDP, and economic growth seem to have stabilized.

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.

Recent developments include: February 2023: Astron Energy, a subsidiary of Glencore, has announced plans to reopen the Cape Town oil refinery based on a compelling commercial rationale. The company is fully dedicated to restarting the refinery and is progressing with the required work to achieve this objective., November 2022: the Mineral Resources and Energy Ministry of South Africa reached out to Saudi Aramco to explore the possibility of rekindling their interest in constructing a refinery within the country. The proposal entails the establishment of a new crude oil refinery on the East Coast, with a projected capacity of 300,000 barrels per day. The targeted timeline for the refinery to become operational is by 2028. The estimated cost for this venture is approximately USD 10 billion.. Key drivers for this market are: Increasing Consumption Of Petroleum Products. Potential restraints include: Fluctuating Crude Oil Prices, Adoption of Cleaner Alternatives In Transportation. Notable trends are: Automotive Gas Oil (AGO) to Dominate the Market.

The Brazilian home loan market, valued at approximately $XX million in 2025 (assuming a logical extrapolation based on the provided CAGR of 11.20% and a 2019-2024 historical period), exhibits robust growth potential, projected to expand significantly over the forecast period (2025-2033). This expansion is fueled by several key drivers. A rising middle class with increasing disposable incomes is a primary factor, coupled with government initiatives aimed at boosting homeownership. Favorable interest rates, particularly in the fixed-rate segment, further stimulate market demand. Furthermore, the emergence of fintech lenders like Nubank and Creditas is disrupting traditional lending practices, broadening access to credit and fostering greater competition. However, macroeconomic factors such as inflation and fluctuating interest rates pose potential restraints. The market is segmented by source (banks and housing finance companies), interest rate type (fixed and floating), and loan tenure (various brackets), allowing for nuanced market analysis and tailored product offerings. The dominance of established players like Itaú Unibanco, Santander, and Banco do Brasil is notable, although the increasing penetration of fintech companies suggests a changing competitive landscape. The segment analysis reveals a diverse market. While banks traditionally dominate, the growing presence of HFCs and fintechs indicates evolving consumer preferences and innovative financial products. Fixed-rate loans remain popular due to their predictable repayments, although floating-rate options are attractive to those willing to take on more risk for potentially lower initial costs. Longer tenure loans (11-24 years and 25-30 years) represent a significant portion of the market, reflecting the long-term nature of housing investment in Brazil. Geographical variations in demand likely exist across Brazil, influenced by factors such as income levels, property prices, and regional development initiatives. Further research into regional data could provide valuable insights for targeted marketing and investment strategies. The forecast period promises continued growth, though maintaining sustainable expansion requires careful attention to macroeconomic conditions and evolving consumer needs. Recent developments include: August 2022: Brazilian lender Banco Bradesco SA subsidiary Bradescard has agreed to acquire Mexico's Ictineo Plataforma SA in a bid to offer digital accounts in Latin America's second-largest economy. Bradesco said the acquisition will allow the bank to enter the banking retail area, offering digital accounts, payroll loans, and investment accounts., April 2022: Brazilian banking group Itaú Unibanco has acquired a 12.82% stake in Rede Agro Fidelidade e Intermediação S.A. (Orbia) to expand its operations. The deal is aimed at expanding Itaú Unibanco's footprint by giving it access to Orbia's customer base and allowing the bank to offer them easy access to credit.. Key drivers for this market are: Economic Growth, Increased Mortgage Options. Potential restraints include: Economic Growth, Increased Mortgage Options. Notable trends are: Increase in High End Property Sales.

The South African residential real estate market, valued at $19.89 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 10.46% from 2025 to 2033. This growth is driven by several factors including a growing population, increasing urbanization, particularly in major cities like Johannesburg, Cape Town, and Durban, and a strengthening economy. Demand is particularly strong for villas, landed houses, and condominiums, reflecting a diverse range of buyer preferences and affordability levels. While the market benefits from government initiatives aimed at affordable housing and infrastructure development, constraints such as high interest rates, fluctuating exchange rates, and limited housing stock in desirable areas could temper growth in specific segments. The major players in the market, including Pam Golding Properties, Kaan Development, and RDC Properties, are actively shaping the market through innovative developments and strategic acquisitions. Competition is intense, particularly in the premium segments. The market's future is promising, indicating continued growth driven by consistent demand and strategic investment. The segmentation within the South African residential real estate market reveals noteworthy trends. The "Villas and Landed Houses" segment is expected to remain dominant, appealing to high-net-worth individuals and families seeking spacious living. However, the "Condominiums and Apartments" segment is experiencing significant growth, driven by an increasing number of young professionals and urban dwellers seeking more convenient and affordable living options. Geographically, Johannesburg, Cape Town, and Durban consistently maintain their positions as the most lucrative markets, attracting both domestic and international investment. However, other cities like Pretoria and Port Elizabeth are also witnessing increased activity as infrastructure improves and economic opportunities expand. The overall market is characterized by a healthy balance of supply and demand, though specific locations and property types may experience periods of greater competitiveness. Recent developments include: July 2022- To improve access to affordable and sustainable housing in South Africa, IFC (International Finance Corporation) announced an investment to help South African residential property developer Alleyroads build over 1,000 rental apartments in the Johannesburg area., June 2022- Construction of a new mixed-use building, Rubik, began in Cape Town's CBD. The building will complement the city's growing skyline. Located on the corner of Roop and Rybeek Streets, the Rubik consists of luxury residential apartments above prime office and quality retail space. The architects have designed it in a very characteristic modern glass 'layered' building.. Notable trends are: Increasing Demand for Sectional Title Living in South Africa.

The benchmark interest rate in Philippines was last recorded at 5.25 percent. This dataset provides the latest reported value for - Philippines Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The yield on South Africa 10Y Bond Yield eased to 9.96% on June 24, 2025, marking a 0.11 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.51 points and is 0.12 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. South Africa 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on June of 2025.

Unemployment Rate in South Africa increased to 32.90 percent in the first quarter of 2025 from 31.90 percent in the fourth quarter of 2024. This dataset provides - South Africa Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Prices for South Africa 5Y including live quotes, historical charts and news. South Africa 5Y was last updated by Trading Economics this June 24 of 2025.

Bradesco Sa ADR is expected to continue its positive momentum, driven by strong loan growth, rising interest rates, and expanding wealth management业务. However, the company faces risks including increased competition, regulatory changes, and potential economic downturn.