Government bonds, Rate, Percent per annum in South Africa
South Africa: Government bonds, Rate, Percent per annum was 10.43 in 2025. ▲ Rising
Latest (2025)
10.43
Change on year
down 6.7%
World rank
14th
of 65 countries
All-time high
16.9
in 1989
All-time low
4.75
in 1957
Years of data
69
1957–2025
Government bonds, Rate, Percent per annum in South Africa, 1957–2025
Source: International Monetary Fund.
Analysis
The most recent figure for government bonds, rate, percent per annum in South Africa is 10.43, measured in 2025.
The figure is down 6.7% on the previous year and up 27.7% over ten years.
Over the whole period, government bonds, rate, percent per annum in South Africa peaked at 16.9 in 1989 and was at its lowest, 4.75, in 1957.
That places South Africa 14th out of 65 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 69 years of available data.
Government bonds, Rate, Percent per annum in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1957 | 4.75 | — |
| 1958 | 5.15 | +8.3% |
| 1959 | 5.25 | +2.0% |
| 1960 | 5.29 | +0.8% |
| 1961 | 5.77 | +9.1% |
| 1962 | 5.39 | -6.7% |
| 1963 | 4.75 | -11.8% |
| 1964 | 4.77 | +0.4% |
| 1965 | 5.6 | +17.5% |
| 1966 | 6.25 | +11.5% |
| 1967 | 6.5 | +4.0% |
| 1968 | 6.5 | +0.0% |
| 1969 | 6.5 | +0.0% |
| 1970 | 7.15 | +9.9% |
| 1971 | 8.38 | +17.2% |
| 1972 | 8.35 | -0.3% |
| 1973 | 7.83 | -6.2% |
| 1974 | 8.96 | +14.4% |
| 1975 | 9.71 | +8.4% |
| 1976 | 10.44 | +7.5% |
| 1977 | 11.01 | +5.5% |
| 1978 | 10.4 | -5.6% |
| 1979 | 9.26 | -10.9% |
| 1980 | 10.09 | +8.9% |
| 1981 | 12.99 | +28.8% |
| 1982 | 13.51 | +4.0% |
| 1983 | 12.66 | -6.2% |
| 1984 | 15.23 | +20.2% |
| 1985 | 16.79 | +10.3% |
| 1986 | 16.37 | -2.5% |
| 1987 | 15.3 | -6.5% |
| 1988 | 16.37 | +7.0% |
| 1989 | 16.9 | +3.2% |
| 1990 | 16.15 | -4.4% |
| 1991 | 16.34 | +1.2% |
| 1992 | 15.44 | -5.5% |
| 1993 | 13.97 | -9.5% |
| 1994 | 14.83 | +6.2% |
| 1995 | 16.11 | +8.6% |
| 1996 | 15.48 | -3.9% |
| 1997 | 14.7 | -5.1% |
| 1998 | 15.12 | +2.9% |
| 1999 | 14.9 | -1.5% |
| 2000 | 13.79 | -7.5% |
| 2001 | 11.41 | -17.3% |
| 2002 | 11.5 | +0.8% |
| 2003 | 9.62 | -16.4% |
| 2004 | 9.53 | -0.9% |
| 2005 | 8.07 | -15.3% |
| 2006 | 7.94 | -1.6% |
| 2007 | 7.99 | +0.6% |
| 2008 | 9.1 | +14.0% |
| 2009 | 8.7 | -4.4% |
| 2010 | 8.62 | -1.0% |
| 2011 | 8.52 | -1.1% |
| 2012 | 7.9 | -7.3% |
| 2013 | 7.72 | -2.2% |
| 2014 | 8.25 | +6.8% |
| 2015 | 8.17 | -1.0% |
| 2016 | 9.02 | +10.5% |
| 2017 | 9.07 | +0.5% |
| 2018 | 9.13 | +0.7% |
| 2019 | 9.08 | -0.6% |
| 2020 | 10.12 | +11.4% |
| 2021 | 9.81 | -3.0% |
| 2022 | 10.83 | +10.4% |
| 2023 | 11.63 | +7.4% |
| 2024 | 11.17 | -3.9% |
| 2025 | 10.43 | -6.7% |
South Africa compared with similar countries
- South Africa's 10.43 is above the median for upper middle income countries, which is 8.73, 1.2× the median. (15 countries reporting)
- South Africa's 10.43 is above the median for Sub-Saharan Africa, which is 9.91, 1.1× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 5.05 | 4.75 | 5.25 | 3 |
| 1960s | 5.73 | 4.75 | 6.5 | 10 |
| 1970s | 9.15 | 7.15 | 11.01 | 10 |
| 1980s | 14.62 | 10.09 | 16.9 | 10 |
| 1990s | 15.3 | 13.97 | 16.34 | 10 |
| 2000s | 9.76 | 7.94 | 13.79 | 10 |
| 2010s | 8.55 | 7.72 | 9.13 | 10 |
| 2020s | 10.67 | 9.81 | 11.63 | 6 |
Countries ranked near South Africa
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is government bonds, rate, percent per annum in South Africa?
- Government bonds, rate, percent per annum in South Africa was 10.43 in 2025, according to International Monetary Fund.
- What is the highest government bonds, rate, percent per annum recorded in South Africa?
- The highest recorded value was 16.9 in 1989.
- What is the lowest government bonds, rate, percent per annum recorded in South Africa?
- The lowest recorded value was 4.75 in 1957.
- How does South Africa rank for government bonds, rate, percent per annum?
- South Africa ranks 14th out of 65 countries with data for 2025.
- Is government bonds, rate, percent per annum rising or falling in South Africa?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, published as part of Government bonds, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.