South Africa's private sector credit rose by 6.03 percent from a year earlier in February of 2019, slowing from a marginally revised 6.52 percent gain in a month earlier and missing market consensus of 6.24 percent. Meantime, expansion in the broadly defined M3 measure of money supply went up 5.30 percent in February, after a 5.09 percent rise in January and matching estimates. Private Sector Credit in South Africa averaged 13.74 percent from 1966 until 2019, reaching an all time high of 35.88 percent in July of 1981 and a record low of -2.35 percent in May of 1966.

Private Sector Credit in South Africa is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in South Africa to stand at 6.40 in 12 months time. In the long-term, the South Africa Private Sector Credit is projected to trend around 5.20 percent in 2020, according to our econometric models.

South Africa Private Sector Credit
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-31 06:00 AM Private Sector Credit YoY 5.56% 5.82% 5.56% 5.6%
2019-01-30 06:00 AM Private Sector Credit YoY 5.1% 5.56% 5.4% 5.8%
2019-02-28 06:00 AM Private Sector Credit YoY 6.51% 5.1% 5.7% 5.4%
2019-03-29 06:00 AM Private Sector Credit YoY 6.03% 6.52% 6.24% 5.9%
2019-04-30 06:00 AM Private Sector Credit YoY 6.03% 6.24% 5.9%
2019-05-30 06:00 AM Private Sector Credit YoY
2019-06-28 07:00 AM Private Sector Credit YoY


South Africa Consumer Last Previous Highest Lowest Unit
Consumer Confidence 7.00 7.00 26.00 -33.00 Index Points [+]
Retail Sales MoM 0.50 1.60 4.60 -5.20 percent [+]
Retail Sales YoY 1.10 1.20 15.50 -6.30 percent [+]
Consumer Spending 1950359.00 1935067.00 1950359.00 260612.00 ZAR Million [+]
Disposable Personal Income 2978037.00 2965713.00 2978037.00 3393.00 ZAR Million [+]
Personal Savings -0.50 0.20 23.80 -2.70 percent [+]
Private Sector Credit 6.03 6.52 35.88 -2.35 percent [+]
Bank Lending Rate 10.25 10.25 25.50 5.50 percent [+]
Gasoline Prices 1.01 1.02 1.44 0.43 USD/Liter [+]
Households Debt To GDP 33.00 33.00 43.90 33.00 percent of GDP [+]
Households Debt To Income 71.90 71.90 86.40 40.30 percent [+]
Consumer Confidence Economic Expectations -22.20 -1.00 37.00 -38.00 [+]
Consumer Confidence Financial Expectations 6.40 3.00 30.40 -22.00 [+]
Consumer Confidence Major Purchases Expectations -11.80 -17.00 13.10 -42.00 [+]


South Africa Private Sector Credit

Private sector credit measures year over year change in the bank lending to domestic private sector. This page provides the latest reported value for - South Africa Private Sector Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Private Sector Credit - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.03 6.52 35.88 -2.35 1966 - 2019 percent Monthly




Country Last Previous
Australia 0.30 Feb/19
Brazil 3032632.00 Feb/19
Canada 4348747.00 Feb/19
Euro Area 13471492.40 Feb/19
Germany 2981648.00 Feb/19
Mexico 4658626485.00 Feb/19
Netherlands 1027005.00 Dec/18
Russia 43068433.00 Jan/19
Singapore 602884.20 Feb/19
South Africa 6.03 Feb/19
Spain 1165885.00 Feb/19
Turkey 1907527803.00 Feb/19
United States 9709.77 Mar/19


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