Lending Rate, Percent per annum in South Africa
South Africa: Lending Rate, Percent per annum was 10.73 in 2025. ▲ Rising
Lending Rate, Percent per annum in South Africa, 1957–2025
Source: International Monetary Fund.
Analysis
In 2025, lending rate, percent per annum in South Africa stood at 10.73.
Compared with earlier readings it is down 7.7% on the previous year and up 13.9% over ten years.
Over the whole period, lending rate, percent per annum in South Africa peaked at 22.33 in 1984 and was at its lowest, 5.5, in 1963.
That places South Africa 62nd out of 144 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 69 years of available data.
Lending Rate, Percent per annum in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1957 | 6 | — |
| 1958 | 6.29 | +4.9% |
| 1959 | 6 | -4.6% |
| 1960 | 6.21 | +3.5% |
| 1961 | 6.83 | +10.1% |
| 1962 | 6.21 | -9.1% |
| 1963 | 5.5 | -11.4% |
| 1964 | 5.79 | +5.3% |
| 1965 | 6.92 | +19.4% |
| 1966 | 7.5 | +8.4% |
| 1967 | 8.25 | +10.0% |
| 1968 | 8.33 | +1.0% |
| 1969 | 8 | -4.0% |
| 1970 | 8.17 | +2.1% |
| 1971 | 8.83 | +8.2% |
| 1972 | 8.79 | -0.5% |
| 1973 | 8 | -9.0% |
| 1974 | 10.17 | +27.1% |
| 1975 | 11.79 | +16.0% |
| 1976 | 12.25 | +3.9% |
| 1977 | 12.5 | +2.0% |
| 1978 | 12.12 | -3.0% |
| 1979 | 10 | -17.5% |
| 1980 | 9.5 | -5.0% |
| 1981 | 14 | +47.4% |
| 1982 | 19.33 | +38.1% |
| 1983 | 16.67 | -13.8% |
| 1984 | 22.33 | +34.0% |
| 1985 | 21.5 | -3.7% |
| 1986 | 14.33 | -33.3% |
| 1987 | 12.5 | -12.8% |
| 1988 | 15.33 | +22.7% |
| 1989 | 19.83 | +29.3% |
| 1990 | 21 | +5.9% |
| 1991 | 20.31 | -3.3% |
| 1992 | 18.91 | -6.9% |
| 1993 | 16.16 | -14.5% |
| 1994 | 15.58 | -3.6% |
| 1995 | 17.9 | +14.8% |
| 1996 | 19.52 | +9.1% |
| 1997 | 20 | +2.5% |
| 1998 | 21.79 | +9.0% |
| 1999 | 18 | -17.4% |
| 2000 | 14.5 | -19.4% |
| 2001 | 13.77 | -5.0% |
| 2002 | 15.75 | +14.4% |
| 2003 | 14.96 | -5.0% |
| 2004 | 11.29 | -24.5% |
| 2005 | 10.62 | -5.9% |
| 2006 | 11.17 | +5.1% |
| 2007 | 13.17 | +17.9% |
| 2008 | 15.12 | +14.9% |
| 2009 | 11.71 | -22.6% |
| 2010 | 9.83 | -16.0% |
| 2011 | 9 | -8.5% |
| 2012 | 8.75 | -2.8% |
| 2013 | 8.5 | -2.9% |
| 2014 | 9.12 | +7.4% |
| 2015 | 9.42 | +3.2% |
| 2016 | 10.46 | +11.1% |
| 2017 | 10.38 | -0.8% |
| 2018 | 10.08 | -2.8% |
| 2019 | 10.12 | +0.4% |
| 2020 | 7.71 | -23.9% |
| 2021 | 7.04 | -8.6% |
| 2022 | 8.79 | +24.9% |
| 2023 | 11.5 | +30.8% |
| 2024 | 11.62 | +1.1% |
| 2025 | 10.73 | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 6.1 | 6 | 6.29 | 3 |
| 1960s | 6.95 | 5.5 | 8.33 | 10 |
| 1970s | 10.26 | 8 | 12.5 | 10 |
| 1980s | 16.53 | 9.5 | 22.33 | 10 |
| 1990s | 18.92 | 15.58 | 21.79 | 10 |
| 2000s | 13.21 | 10.62 | 15.75 | 10 |
| 2010s | 9.57 | 8.5 | 10.46 | 10 |
| 2020s | 9.57 | 7.04 | 11.62 | 6 |
Countries ranked near South Africa
More financial sector data for South Africa
- Net domestic credit (current LCU), per capita 95,301 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 14.44 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 11.21 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 141.22 million SDR (2025)
- Gold reserves at market value 12.87 billion SDR (2025)
- Reserves excluding gold, foreign exchange 37.46 billion SDR (2025)
- Reserves excluding gold 42.64 billion SDR (2025)
- Total reserves (gold at market value) 55.51 billion SDR (2025)
- Total reserves (gold at national valuation) 55.42 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 855.88 SDR per person (2025)
Frequently asked questions
- What is lending rate, percent per annum in South Africa?
- Lending rate, percent per annum in South Africa was 10.73 in 2025, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in South Africa?
- The highest recorded value was 22.33 in 1984.
- What is the lowest lending rate, percent per annum recorded in South Africa?
- The lowest recorded value was 5.5 in 1963.
- How does South Africa rank for lending rate, percent per annum?
- South Africa ranks 62nd out of 144 countries with data for 2025.
- Is lending rate, percent per annum rising or falling in South Africa?
- Over the last ten years it is up 13.9%. 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 Lending 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.