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South Africa: Short-term interest rate

Percent · 1925–2025 · 101 observations · forecasts to 2026 · strate

2025
7.18%percent
Change on 2024
−1.1 pointsfrom 8.28%
Average, 2016–2025
6.57%10 years
Record high and low
19.3% (1984)low 0.63% (1946)

Short-term interest rate

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

Compare with other countries →Definition of Short-term interest rate

Recent values

Percent

YearValue
20267.50Forecast
20257.18
20248.28
20237.94
20225.15
20213.79
20204.55
20197.08
20187.16
20177.33
20167.23

Sources

  • Ellison, Lee & O'Rourke1925–1936
  • Homer & Sylla1936–1989
  • IMF International Financial Statistics1957–2025
  • South African Reserve Bank1960–2025
  • Bordo1971–1997
  • OECD Economic Outlook1981–2025
  • OECD Key Economic Indicators1981–2025
  • OECD Economic Outlook (forecast)2025–2027

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 →

GMD release 2026_09 · License & terms