South Africa’s private sector credit advanced 8.74% year-on-year in December 2025, following a 7.79% rise in the previous month, and marking the fastest pace of growth since October 2022. Meanwhile, the broadly defined M3 measure of money supply rose 8.16% to a fresh record high of ZAR 5,882,466 million in December 2025 from 8.26% increase in the previous month. source: South African Reserve Bank
Private Sector Credit in South Africa increased to 8.74 percent in December from 7.79 percent in November of 2025. Private Sector Credit in South Africa averaged 12.74 percent from 1966 until 2025, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.
Private Sector Credit in South Africa increased to 8.74 percent in December from 7.79 percent in November of 2025. Private Sector Credit in South Africa is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Private Sector Credit is projected to trend around 5.40 percent in 2027, according to our econometric models.