The benchmark interest rate in South Africa was last recorded at 7 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.

Related information about South Africa Policy Rate

• 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.

Lending Rate in South Africa remained unchanged at 10.50 percent in September. This dataset provides - South Africa Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Interbank Rate in South Africa increased to 6.86 percent on Thursday October 23 from 6.85 in the previous day. This dataset provides - South Africa Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

The Month End Government Bond Yield as for 10 years and above uses the yields on government bonds with outstanding maturity of 10 years and longer.


Related information about South Africa Long Term Interest Rate

• 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.

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.

South African Reserve Bank provides daily Bank Lending Rate.

Inflation Rate in South Africa increased to 3.40 percent in September from 3.30 percent in August of 2025. This dataset provides - South Africa Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The yield on South Africa 10Y Bond Yield rose to 8.91% on October 27, 2025, marking a 0.03 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.25 points and is 0.38 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 October of 2025.

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.