Government securities: Treasury bills yields, Rate, Percent per annum in South Africa
South Africa: Government securities: Treasury bills yields, Rate, Percent per annum was 7.23 in 2025. ◆ Volatile
Government securities: Treasury bills yields, Rate, Percent per annum in South Africa, 1957–2025
Source: International Monetary Fund.
Analysis
In 2025, government securities: treasury bills yields, rate, percent per annum in South Africa stood at 7.23.
Compared with earlier readings it is down 12.8% on the previous year and up 19.4% over ten years.
Over the whole period, government securities: treasury bills yields, rate, percent per annum in South Africa peaked at 19.33 in 1984 and was at its lowest, 1.99, in 1963.
South Africa ranks 33rd of 89 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government securities: Treasury bills yields, Rate, Percent per annum in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1957 | 3.25 | — |
| 1958 | 3.6 | +10.8% |
| 1959 | 3.46 | -4.0% |
| 1960 | 3.6 | +4.1% |
| 1961 | 4.25 | +18.1% |
| 1962 | 2.78 | -34.7% |
| 1963 | 1.99 | -28.4% |
| 1964 | 2.9 | +45.9% |
| 1965 | 4.04 | +39.4% |
| 1966 | 4.2 | +4.0% |
| 1967 | 4.86 | +15.7% |
| 1968 | 4.9 | +0.7% |
| 1969 | 4.61 | -5.8% |
| 1970 | 4.39 | -4.8% |
| 1971 | 5.38 | +22.4% |
| 1972 | 5.3 | -1.4% |
| 1973 | 3.15 | -40.7% |
| 1974 | 5.43 | +72.5% |
| 1975 | 6.12 | +12.7% |
| 1976 | 7.43 | +21.5% |
| 1977 | 7.87 | +5.9% |
| 1978 | 7.81 | -0.8% |
| 1979 | 5.26 | -32.7% |
| 1980 | 4.64 | -11.7% |
| 1981 | 9.8 | +111.2% |
| 1982 | 15.59 | +59.0% |
| 1983 | 13.45 | -13.8% |
| 1984 | 19.33 | +43.8% |
| 1985 | 17.56 | -9.2% |
| 1986 | 10.43 | -40.6% |
| 1987 | 8.72 | -16.4% |
| 1988 | 12.03 | +38.0% |
| 1989 | 16.84 | +39.9% |
| 1990 | 17.8 | +5.7% |
| 1991 | 16.68 | -6.3% |
| 1992 | 13.77 | -17.5% |
| 1993 | 11.31 | -17.9% |
| 1994 | 10.93 | -3.4% |
| 1995 | 13.53 | +23.8% |
| 1996 | 15.04 | +11.2% |
| 1997 | 15.26 | +1.5% |
| 1998 | 16.53 | +8.4% |
| 1999 | 12.85 | -22.3% |
| 2000 | 10.11 | -21.3% |
| 2001 | 9.68 | -4.3% |
| 2002 | 11.16 | +15.4% |
| 2003 | 10.66 | -4.5% |
| 2004 | 7.53 | -29.4% |
| 2005 | 6.91 | -8.3% |
| 2006 | 7.34 | +6.3% |
| 2007 | 9.12 | +24.2% |
| 2008 | 10.81 | +18.6% |
| 2009 | 7.85 | -27.4% |
| 2010 | 6.42 | -18.2% |
| 2011 | 5.49 | -14.5% |
| 2012 | 5.29 | -3.7% |
| 2013 | 5.08 | -3.9% |
| 2014 | 5.8 | +14.2% |
| 2015 | 6.05 | +4.4% |
| 2016 | 7.23 | +19.4% |
| 2017 | 7.33 | +1.4% |
| 2018 | 7.16 | -2.4% |
| 2019 | 7.08 | -1.0% |
| 2020 | 4.55 | -35.8% |
| 2021 | 3.79 | -16.7% |
| 2022 | 5.15 | +36.0% |
| 2023 | 7.94 | +54.2% |
| 2024 | 8.28 | +4.3% |
| 2025 | 7.23 | -12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 3.44 | 3.25 | 3.6 | 3 |
| 1960s | 3.81 | 1.99 | 4.9 | 10 |
| 1970s | 5.81 | 3.15 | 7.87 | 10 |
| 1980s | 12.84 | 4.64 | 19.33 | 10 |
| 1990s | 14.37 | 10.93 | 17.8 | 10 |
| 2000s | 9.12 | 6.91 | 11.16 | 10 |
| 2010s | 6.29 | 5.08 | 7.33 | 10 |
| 2020s | 6.15 | 3.79 | 8.28 | 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 securities: treasury bills yields, rate, percent per annum in South Africa?
- Government securities: treasury bills yields, rate, percent per annum in South Africa was 7.23 in 2025, according to International Monetary Fund.
- What is the highest government securities: treasury bills yields, rate, percent per annum recorded in South Africa?
- The highest recorded value was 19.33 in 1984.
- What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in South Africa?
- The lowest recorded value was 1.99 in 1963.
- How does South Africa rank for government securities: treasury bills yields, rate, percent per annum?
- South Africa ranks 33rd out of 89 countries with data for 2025.
- Is government securities: treasury bills yields, rate, percent per annum rising or falling in South Africa?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, published as part of Government securities: Treasury bills yields, 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.