Deposit Interest Rate in South Africa
Deposit Interest Rate in South Africa
| Indicator | Data | Period |
|---|---|---|
| Deposit Interest Rate | 6.42 % | Mar/23 |
Latest data on Deposit Interest Rate (%)
What is average deposit bank interest rate in South Africa?
- Bank Deposit Interest Rate in South Africa increased to 6.42 % in March 2023. The maximum rate was 21.6 % and minimum was 3.74 %.
- Data published Monthly by IMF.
Historical Data (%) by years
Data
Period
Date
| 6.42 | Mar/23 | 23.05.2023 |
| 5.96 | Feb/23 | 21.04.2023 |
| 5.81 | Jan/23 | 20.03.2023 |
| 6.15 | Dec/22 | 22.02.2023 |
| 5.99 | Nov/22 | 24.01.2023 |
| 5.71 | Oct/22 | 13.12.2022 |
| 5.6 | Sep/22 | 29.11.2022 |
| 5.19 | Aug/22 | 26.10.2022 |
Historical Chart by presidents (%)
Deposit Interest Rate in South Africa by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other money indicators in South Africa
| Index | Updated | Actual | Previous |
| Bank Lending Rate | May/23 | 11.8 % | 11.75 |
| Interbank Rate | Jun/23 | 8.48 % | 8.48 |
| Interest Rate | May/23 | 8.25 % | 7.75 |
| Loans to Private Sector | Apr/23 | 240.271 B USD | 240.022 |
| Money Supply M1 | Apr/23 | 134.462 B USD | 133.4 |
| Central Bank Balance Sheet | May/23 | 67.799 B USD | 63.538 |
| Foreign Direct Investment | 4Q/22 | 3576.495 B USD | 633.437 |
Deposit Interest Rate in other countries
| Country | Updated | Actual | Previous |
| Kenya | 2021 | 6.69 % | 6.97 |
| Madagascar | Dec/22 | 13 % | 13 |
| Tanzania | 3Q/19 | 7.5 % | 7.3 |
| Togo | 2017 | 6.49 % | 6.93 |
| Nigeria | Apr/23 | 7.92 % | 7.63 |
| Morocco | 2022 | 2.5 % | 2.6 |
| Senegal | 2017 | 6.49 % | 6.93 |
| Seychelles | 2022 | 1.67 % | 2.79 |
| South Africa | Mar/23 | 6.42 % | 5.96 |
| Uganda | Apr/23 | 11.38 % | 11.09 |
| Rwanda | 2022 | 7.58 % | 8.05 |
| Zambia | Jun/21 | 8.11 % | 8.22 |
| Namibia | 2022 | 3.72 % | 2.94 |
| Swaziland | 2022 | 2.54 % | 1.78 |
| Libya | 2014 | 2.5 % | 2.5 |
| Algeria | Jan/23 | 1.75 % | 1.75 |
| Angola | 2022 | 7.1 % | 7.05 |
| Benin | 2017 | 6.49 % | 6.93 |
| Botswana | Mar/23 | 1.31 % | 1.31 |
| Burkina Faso | 2017 | 6.5 % | 6.9 |
| Central African Republic | 2017 | 2.45 % | 2.45 |
| Chad | 2017 | 2.45 % | 2.45 |
| Comoros | 2022 | 2.06 % | 1.75 |
| Republic of the Congo | 2017 | 2.45 % | 2.45 |
| Djibouti | 2017 | 1.65 % | 1.5 |
| Equatorial Guinea | 2017 | 2.45 % | 2.45 |
| Gabon | 2017 | 2.45 % | 2.45 |
| Gambia | 2Q/19 | 9 % | 9 |
| Guatemala | 2022 | 3.91 % | 4.14 |
| Guinea Bissau | 2017 | 6.49 % | 6.93 |
| Lesotho | 2022 | 4.47 % | 4.24 |
| Mali | 2017 | 6.5 % | 6.9 |
| Niger | 2017 | 6.49 % | 6.93 |
| Sao Tome and Principe | 2Q/19 | 3.36 % | 3.28 |
| Sierra Leone | 2023 | 12.75 % | 12.75 |
