Bank lending-deposit spread in South Africa
South Africa: Bank lending-deposit spread was 2.83 in 2020. ▼ Falling
Bank lending-deposit spread in South Africa, 2008–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
South Africa recorded 2.83 for bank lending-deposit spread in 2020. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 9.3% on the previous year and down 16.1% over ten years.
Over the whole period, bank lending-deposit spread in South Africa peaked at 3.51 in 2008 and was at its lowest, 2.83, in 2020.
That places South Africa 98th out of 124 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Bank lending-deposit spread in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 3.51 | — |
| 2009 | 3.17 | -9.7% |
| 2010 | 3.37 | +6.2% |
| 2011 | 3.33 | -1.2% |
| 2012 | 3.31 | -0.4% |
| 2013 | 3.35 | +1.0% |
| 2014 | 3.32 | -0.7% |
| 2015 | 3.26 | -1.8% |
| 2016 | 3.29 | +0.7% |
| 2017 | 3.13 | -4.8% |
| 2018 | 3.08 | -1.4% |
| 2019 | 3.12 | +1.0% |
| 2020 | 2.83 | -9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.34 | 3.17 | 3.51 | 2 |
| 2010s | 3.26 | 3.08 | 3.37 | 10 |
| 2020s | 2.83 | 2.83 | 2.83 | 1 |
Countries ranked near South Africa
- 95 Philippines 3.01 compare
- 96 Russia 3.01 compare
- 97 China (People’s Republic of) 2.85 compare
- 99 Israel 2.81 compare
- 100 United Kingdom 2.75
- 101 Thailand 2.67 compare
More financial sector data for South Africa
- Total reserves in months of imports, annual growth rate 9.76 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 1.24 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0877 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 578.61 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 1.27 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 658.6 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 10.64 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 857.36 SDR per person (2025)
Frequently asked questions
- What is bank lending-deposit spread in South Africa?
- Bank lending-deposit spread in South Africa was 2.83 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in South Africa?
- The highest recorded value was 3.51 in 2008.
- What is the lowest bank lending-deposit spread recorded in South Africa?
- The lowest recorded value was 2.83 in 2020.
- How does South Africa rank for bank lending-deposit spread?
- South Africa ranks 98th out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in South Africa?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is falling.
- Where does this South Africa data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.