Deposit Interest Rate in South Africa increased to 7.25 percent in 2017 from 7.17 percent in 2016. Deposit Interest Rate in South Africa averaged 10.77 percent from 1980 until 2017, reaching an all time high of 18.86 percent in 1990 and a record low of 5.15 percent in 2013.

Deposit Interest Rate in South Africa is expected to be 6.74 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in South Africa is projected to trend around 5.40 percent in 2020, according to our econometric models.

Deposit Interest Rate in South Africa
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


South Africa Money Last Previous Highest Lowest Unit
Interest Rate 6.75 6.75 23.99 5.00 percent [+]
Interbank Rate 7.15 7.15 16.96 5.06 percent [+]
Money Supply M0 280228.00 259427.00 280228.00 415.00 ZAR Million [+]
Money Supply M1 1761284.00 1723521.00 1761284.00 1482.00 ZAR Million [+]
Money Supply M2 2891387.00 2842764.00 2891387.00 2887.00 ZAR Million [+]
Money Supply M3 3498086.00 3501132.00 3532734.00 4796.00 ZAR Million [+]
Foreign Exchange Reserves 51641.00 50672.00 51889.00 5316.00 USD Million [+]
Banks Balance Sheet 5468899.00 5471192.00 5471192.00 114781.00 ZAR Million [+]
Loans to Private Sector 3621864.00 3610412.00 3621864.00 4051.00 ZAR Million [+]
Deposit Interest Rate 7.25 7.17 18.86 5.15 percent [+]
Lending Rate 10.00 10.00 25.50 5.00 percent [+]
Central Bank Balance Sheet 827165.00 774584.00 827165.00 543.00 ZAR Million [+]


Deposit Interest Rate in South Africa

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in South Africa. Deposit Interest Rate in South Africa - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.25 7.17 18.86 5.15 1980 - 2017 percent Yearly




Country Last Previous
Turkey 22.50 Jan/19
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Russia 5.66 Oct/18
Indonesia 5.25 Jan/19
Saudi Arabia 3.13 Jan/19
Mexico 2.70 Dec/17
Australia 1.85 Dec/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Dec/18
China 0.35 Dec/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Nov/18
Euro Area -0.40 Dec/18


Related

Latest