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South Africa: Central bank policy rate

Percent · 1930–2025 · 96 observations · forecasts to 2026 · cbrate

2025
6.75%percent
Change on 2024
−1.0 pointsfrom 7.75%
Average, 2016–2025
6.40%10 years
Record high and low
20.8% (1984)low 3.00% (1942)

Central bank policy rate

Report error
0%5%10%15%20%25%19401960198020002020South AfricaSouth Africa
ForecastPercent

Compare with other countries →Definition of Central bank policy rate

Recent values

Percent

YearValue
20267.25Forecast
20256.75
20247.75
20238.25
20227.00
20213.75
20203.50
20196.50
20186.75
20176.75
20167.00

Sources

  • Homer & Sylla1930–1989
  • Grimm1952–2023
  • Bank for International Settlements1980–2025
  • IMF International Financial Statistics1999–2025
  • OECD Economic Outlook2000–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

South Africa documentation (PDF)

More for South Africa

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central bank policy rate elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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