South Africa's private sector credit rose by 3.26 percent year-on-year in January 2021, the least in three months, following a 3.55 percent growth in the previous month and missing market expectations of 3.8 percent. Meantime, expansion in the broadly defined M3 measure of money supply increased by 9.15 percent in January, following a 9.48 percent rise in December. source: South African Reserve Bank

Private Sector Credit in South Africa averaged 13.46 percent from 1966 until 2021, 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 March of 2021.

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 6.30 in 12 months time. In the long-term, the South Africa Private Sector Credit is projected to trend around 6.50 percent in 2022, according to our econometric models.

Ok
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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Africa Private Sector Credit

Actual Previous Highest Lowest Dates Unit Frequency
3.26 3.55 35.88 -2.35 1966 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-30 06:00 AM Oct 3.24% 3.12% 4%
2020-12-31 06:00 AM Nov 3.38% 3.24% 3% 3.1%
2021-01-29 06:00 AM Dec 3.55% 3.38% 3.55% 3.5%
2021-02-26 06:00 AM Jan 3.26% 3.55% 3.8% 3.6%
2021-03-30 06:00 AM Feb 3.26%
2021-04-30 06:00 AM Mar
2021-05-31 06:00 AM Apr
2021-06-30 06:00 AM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
South African Private Credit Growth Slows to 3-Month Low
South Africa's private sector credit rose by 3.26 percent year-on-year in January 2021, the least in three months, following a 3.55 percent growth in the previous month and missing market expectations of 3.8 percent. Meantime, expansion in the broadly defined M3 measure of money supply increased by 9.15 percent in January, following a 9.48 percent rise in December.
2021-02-26
South Africa Private Credit Rise the Most in 4 Months
South Africa's private sector credit rose by 3.55 percent year-on-year in December 2020, following a 3.38 percent growth in the previous month and matching market expectations. This was the fastest growth in private sector credit since August. Meantime, expansion in the broadly defined M3 measure of money supply increased by 9.48 percent in December, accelerating from a marginally revised 8.15 percent rise in November.
2021-01-29
South Africa Private Credit Rises the Most in 3 Months
South Africa's private sector credit rose by 3.38 percent year-on-year in November 2020, following a 3.24 percent growth in the previous month and beating market expectations of a 3 percent gain. This was the fastest growth in private sector credit since August. Meantime, expansion in the broadly defined M3 measure of money supply increased by 8.18 percent in November, slowing from a 9.83 percent rise in October and missing forecasts of a 9.65 percent rise.
2020-12-31
South Africa Private Credit Rises 3.24% YoY in October
South Africa's private sector credit rose by 3.24 percent year-on-year in October 2020, following a 3.12 percent growth in the previous month. Meantime, expansion in the broadly defined M3 measure of money supply increased by 9.83 percent in October, after a 9.48 percent rise in September.
2020-11-30

South Africa Private Sector Credit
Private sector credit measures year over year change in the bank lending to domestic private sector.