Lending Rate in South Africa remained unchanged at 10.25 percent in January. Lending Rate in South Africa averaged 11.42 percent from 1950 until 2026, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5.00 percent in February of 1950. source: South African Reserve Bank

Lending Rate in South Africa is expected to be 10.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Lending Rate is projected to trend around 9.50 percent in 2027 and 9.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 8972364.00 8944186.00 ZAR Million Dec 2025
Central Bank Balance Sheet 1333171.00 1318176.00 ZAR Million Jan 2026
Foreign Exchange Reserves 80193.00 75890.00 USD Million Jan 2026
Interbank Rate 6.60 6.60 percent Feb 2026
Interest Rate 6.75 6.75 percent Jan 2026
Lending Rate 10.25 10.25 percent Jan 2026
Loans to Private Sector 5237674.00 5165677.00 ZAR Million Dec 2025
Money Supply M0 563633.00 517054.00 ZAR Million Dec 2025
Money Supply M1 2921787.00 3063617.00 ZAR Million Dec 2025
Money Supply M2 4835694.00 4799269.00 ZAR Million Dec 2025
M3 Money Supply YoY 5882466.00 5845479.00 ZAR Million Dec 2025


South Africa Lending Rate
In South Africa, lending rate refers to commercial banks prime overdraft rate. It is a benchmark rate priced at 3.5 basis points above the repurchase rate and it is used by banks to price the lending rates offered to clients at either above or below the benchmark rate.
Actual Previous Highest Lowest Dates Unit Frequency
10.25 10.25 25.50 5.00 1950 - 2026 percent Monthly