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Bank of South Africa Interest Rate

Interest Rate in South Africa

Indicator Data Period
Interest Rate 7.25 % Feb/23


Latest data on Interest Rate (%)

Interest Rate
                     South Africa - Historical Data (%)

What is Bank of South Africa Interest Rate?

  • Interest Rate in South Africa remained unchanged at 7.25 % in February 2023. The maximum level was 23.99 % and minimum was 3.5 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
7.25 Feb/23 07.03.2023
7.25 Jan/23 26.01.2023
7 Nov/22 24.11.2022
6.25 Oct/22 02.11.2022
6.25 Sep/22 22.09.2022
5.5 Aug/22 12.09.2022
5.5 Jul/22 21.07.2022
4.75 May/22 19.05.2022


Historical Chart by presidents (%)

Interest Rate in South Africa by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Cyril Ramaphosa 15.02.2018 - 6.7500 6.5000 6.7500 6.0000 -3.70%
Jacob Zuma 09.05.2009 - 14.02.2018 8.5000 6.7500 8.5000 5.0000 -20.59%
Thabo Mbeki 16.06.1999 - 24.09.2008 15.4600 12.0000 15.4600 7.0000 -22.38%
Nelson Mandela 10.05.1994 - 16.06.1999 15.0000 15.4600 23.9900 14.7800 3.07%

Other money indicators in South Africa

Index Updated Actual Previous
Bank Lending Rate Jan/23 10.75 % 10.75
Interbank Rate Mar/23 7.53 % 7.53
Loans to Private Sector Jan/23 241.003 B USD 237.996
Money Supply M1 Jan/23 134.854 B USD 130.296
Central Bank Balance Sheet Feb/23 63.877 B USD 61.697
Deposit Interest Rate Jan/23 5.81 % 6.15
Foreign Direct Investment 3Q/22 639.248 B USD 1413.848

Interest Rate in other countries

Country Updated Actual Previous
Egypt Feb/23 16.25 % 16.25
Kenya Feb/23 8.75 % 8.75
Madagascar Feb/23 9.5 % 9.5
Zimbabwe Feb/23 150 % 200
Tanzania Feb/23 5 % 5
Togo Feb/23 4.75 % 4.75
Tunisia Feb/23 8 % 8
Nigeria Mar/23 18 % 17.5
Sudan Jan/23 27.3 % 26.82
Morocco Mar/23 3 % 2.5
Senegal Feb/23 4.75 % 4.75
Seychelles Feb/23 2 % 2
South Africa Feb/23 7.25 % 7.25
Uganda Feb/23 10 % 10
Rwanda Feb/23 7 % 6.5
Liberia Mar/23 15 % 15
Zambia Feb/23 9.25 % 9
Mozambique Feb/23 17.25 % 17.25
Namibia Feb/23 7 % 6.75
Ghana Feb/23 28 % 28
Swaziland Jan/23 6.75 % 6.5
Libya Feb/23 3 % 3
Algeria Feb/23 3 % 3
Angola Mar/23 17 % 18
Benin Feb/23 4.75 % 4.75
Botswana Feb/23 2.65 % 2.65
Burkina Faso Feb/23 4.75 % 4.75
Burundi Dec/22 5 % 5.61
Central African Republic Feb/23 4.5 % 4.5
Chad Feb/23 4.5 % 4.5
Comoros Dec/22 3.08 % 2.87
Republic of the Congo Feb/23 4.5 % 4.5
Equatorial Guinea Feb/23 4.5 % 4.5
Ethiopia Dec/22 7 % 7
Gabon Feb/23 4.5 % 4.5
Gambia Feb/23 14 % 13
Guatemala Feb/23 4.5 % 4.25
Guinea Feb/23 11.5 % 11.5
Guinea Bissau Feb/23 4.75 % 4.75
Lesotho Feb/23 7.25 % 7.25
Malawi Feb/23 18 % 18
Mali Feb/23 4.75 % 4.75
Mauritania Feb/23 8 % 8
Niger Feb/23 4.75 % 4.75
Sao Tome and Principe Feb/23 10 % 10
Sierra Leone Feb/23 18.25 % 18.25