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Bank of South Africa Interest Rate

Interest Rate in South Africa

Indicator Data Period
Interest Rate 8.25 % Sep/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 8.25 % in September 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
8.25 Sep/23 21.09.2023
8.25 Aug/23 04.08.2023
8.25 Jul/23 20.07.2023
8.25 Jun/23 27.06.2023
8.25 May/23 25.05.2023
7.75 Apr/23 13.04.2023
7.75 Mar/23 30.03.2023
7.25 Feb/23 07.03.2023


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 Sep/23 11.75 % 11.75
Interbank Rate Oct/23 8.34 % 8.34
Loans to Private Sector Aug/23 241.395 B USD 241.638
Money Supply M1 Aug/23 137.692 B USD 136.938
Central Bank Balance Sheet Sep/23 64.685 B USD 64.758
Deposit Interest Rate Jul/23 6.81 % 6.8
Foreign Direct Investment 2Q/23 2860.886 B USD 27.584

Interest Rate in other countries

Country Updated Actual Previous
Egypt Sep/23 19.25 % 19.25
Kenya Oct/23 10.5 % 10.5
Madagascar Aug/23 9.5 % 9.5
Zimbabwe 15 130 % 150
Tanzania Sep/23 5 % 5
Togo Sep/23 5.25 % 5
Tunisia Sep/23 8 % 8
Nigeria Aug/23 18.75 % 18.75
Sudan Jan/23 27.3 % 26.82
Morocco Sep/23 3 % 3
Senegal Sep/23 5.25 % 5
Seychelles Sep/23 2 % 2
South Africa Sep/23 8.25 % 8.25
Uganda Oct/23 9.5 % 9.5
Rwanda Sep/23 7.5 % 7.5
Liberia Sep/23 20 % 20
Zambia Sep/23 10 % 10
Mozambique Sep/23 17.25 % 17.25
Namibia Sep/23 7.75 % 7.75
Ghana Sep/23 30 % 30
Swaziland Sep/23 7.5 % 7.5
Libya Aug/23 3 % 3
Algeria Aug/23 3 % 3
Angola Sep/23 17 % 17
Benin Sep/23 5.25 % 5
Botswana Sep/23 2.65 % 2.65
Burkina Faso Sep/23 5.25 % 5
Burundi Jun/23 7.49 % 7.75
Central African Republic Aug/23 5 % 5
Chad Sep/23 5 % 5
Comoros Dec/22 3.08 % 2.87
Republic of the Congo Aug/23 5 % 5
Equatorial Guinea Sep/23 5 % 5
Ethiopia Sep/23 7 % 7
Gabon Sep/23 5 % 5
Gambia Sep/23 17 % 17
Guatemala Sep/23 5 % 5
Guinea Sep/23 11.5 % 11.5
Guinea Bissau Sep/23 5.25 % 5
Lesotho Sep/23 7.75 % 7.75
Malawi Sep/23 24 % 24
Mali Sep/23 5.25 % 5
Mauritania Sep/23 8 % 8
Niger Sep/23 5.25 % 5
Sao Tome and Principe Aug/23 10 % 10
Sierra Leone Sep/23 21.25 % 19.25