South Africa’s private sector credit increased 10.5% year-on-year in February 2026, after an 8.83% rise in the previous month. This marked the highest growth since February 2009. Meanwhile, the broadly defined M3 measure of money supply rose 8.39% to an all-time high of ZAR 5,912,705 million from 7.44% in January. source: South African Reserve Bank
Private Sector Credit in South Africa increased to 10.50 percent in February from 8.83 percent in January of 2026. Private Sector Credit in South Africa averaged 12.73 percent from 1966 until 2026, 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 April of 2026.
Private Sector Credit in South Africa increased to 10.50 percent in February from 8.83 percent in January of 2026. Private Sector Credit in South Africa is expected to be 9.00 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 5.00 percent in 2027 and 6.00 percent in 2028, according to our econometric models.