Lending Rate in South Africa increased to 9 percent in July from 8.25 percent in June of 2022. source: South African Reserve Bank
Lending Rate in South Africa averaged 11.44 percent from 1950 until 2022, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5 percent in February of 1950. This page provides - South Africa Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Lending Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Lending Rate in South Africa is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Lending Rate is projected to trend around 10.25 percent in 2023 and 11.25 percent in 2024, according to our econometric models.