Lending Rate in South Africa remained unchanged at 10 percent in April from 10 percent in March of 2018. Lending Rate in South Africa averaged 11.62 percent from 1950 until 2018, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5 percent in February of 1950.

Lending Rate in South Africa is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in South Africa to stand at 10.00 in 12 months time. In the long-term, the South Africa Lending Rate is projected to trend around 10.50 percent in 2020, according to our econometric models.

South Africa Lending Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-05-25 01:00 PM Prime Overdraft Rate 10.5% 10.5% 10.5%
2017-07-20 01:00 PM Prime Overdraft Rate 10.25% 10.5% 10.5%
2017-09-21 01:20 PM Prime Overdraft Rate 10.25% 10.25% 10.0%
2017-11-23 01:20 PM Prime Overdraft Rate 10.25% 10.25% 10.25%


South Africa Money Last Previous Highest Lowest Unit
Interest Rate 6.75 6.50 23.99 5.00 percent [+]
Interbank Rate 7.15 7.15 16.96 5.06 percent [+]
Money Supply M0 259427.00 255731.00 259427.00 415.00 ZAR Million [+]
Money Supply M1 1723521.00 1758710.00 1758710.00 1482.00 ZAR Million [+]
Money Supply M2 2842764.00 2866633.00 2866633.00 2887.00 ZAR Million [+]
Money Supply M3 3501132.00 3532734.00 3532734.00 4796.00 ZAR Million [+]
Banks Balance Sheet 5471192.00 5415036.00 5471192.00 114781.00 ZAR Million [+]
Foreign Exchange Reserves 50672.00 50166.00 51889.00 5316.00 USD Million [+]
Loans to Private Sector 3610412.00 3609385.00 3610412.00 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 774584.00 817542.00 817542.00 543.00 ZAR Million [+]


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. This page provides - South Africa Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Lending Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 25.50 5.00 1950 - 2018 percent Monthly




Country Last Previous
Turkey 25.50 Nov/18
South Africa 10.00 Apr/18
Indonesia 6.75 Nov/18
United Kingdom 1.00 Oct/18
Euro Area 0.25 Dec/18


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