South Africa—Central Bank Policy Rate (%)
Category: Financial MarketsSource: World Bank World Development IndicatorsGlobal Rank: #4 of 43
Latest Value
7.24%
2025
YoY Change
-11.2%
2024 → 2025
Global Rank
#4
of 43 countries
Maximum
18.75%
1998
Minimum
3.53%
2021
CAGR
-3.0%
29 years
Last
7.24%
Previous
8.15%
Highest
18.75%
Lowest
3.53%
Unit
Percent per annum
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2025 | 7.24% | -11.2% |
| 2024 | 8.15% | +3.1% |
| 2023 | 7.91% | +55.4% |
| 2022 | 5.09% | +44.2% |
| 2021 | 3.53% | -18.9% |
| 2020 | 4.35% | -34.5% |
| 2019 | 6.64% | +0.7% |
| 2018 | 6.59% | -4.4% |
| 2017 | 6.89% | -0.2% |
| 2016 | 6.90% | +17.3% |
| 2015 | 5.89% | +5.6% |
| 2014 | 5.57% | +11.5% |
| 2013 | 5.00% | -5.2% |
| 2012 | 5.28% | -4.1% |
| 2011 | 5.50% | -14.1% |
| 2010 | 6.41% | -23.6% |
| 2009 | 8.38% | -27.8% |
| 2008 | 11.61% | +20.8% |
| 2007 | 9.61% | +26.0% |
| 2006 | 7.63% | +6.7% |
| 2005 | 7.14% | -8.5% |
| 2004 | 7.81% | -33.1% |
| 2003 | 11.66% | -3.6% |
| 2002 | 12.09% | +10.8% |
| 2001 | 10.92% | -7.6% |
| 2000 | 11.81% | -18.7% |
| 1999 | 14.53% | -22.5% |
| 1998 | 18.75% | +11.9% |
| 1997 | 16.75% |
Top Countries — Central Bank Policy Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Turkiye | 41.33% | 2025 |
| 2 | Russian Federation | 17.83% | 2024 |
| 3 | Brazil | 14.41% | 2025 |
| 4 | South Africa | 7.24% | 2025 |
| 5 | Mexico | 6.66% | 2025 |
| 6 | Hungary | 6.48% | 2025 |
| 7 | India | 6.03% | 2025 |
| 8 | New Zealand | 5.24% | 2024 |
| 9 | Poland | 5.10% | 2025 |
| 10 | Indonesia | 5.04% | 2025 |
About This Indicator
Definition
Central bank policy interest rate. The rate at which the central bank lends to commercial banks, the primary monetary policy instrument.
Unit
Percent per annum
Source: FRED / OECD / Central BanksView original source →