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South Africa · Deposit interest rate

South Africa Deposit interest rate

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · updated 2026-08-31

Latest · 2026-08-316.85%
Previous · 2026-07-316.83%
Highest · 2008-10-3112.25%
Lowest · 2021-03-313.74%

South Africa's deposit interest rate stands at 6.85% as of 2026-08-31, up from 6.83% in 2026-07-31. Historical data runs from 2001 to 2026 (297 observations).

Recent trend

In 2026-08-31, South Africa's deposit interest rate was 6.85%, up from 6.83% in 2026-07-31.

In 2026-07-31, South Africa's deposit interest rate was 6.83%, down from 6.86% in 2026-06-30.

In 2026-06-30, South Africa's deposit interest rate was 6.86%, unchanged from 6.86% in 2026-05-31.

In 2026-05-31, South Africa's deposit interest rate was 6.86%, up from 6.68% in 2026-04-30.

In 2026-04-30, South Africa's deposit interest rate was 6.68%, down from 6.71% in 2026-03-31.

South Africa Deposit interest rate — historical data

DateValueChange
2026-08-316.85%+0.02%
2026-07-316.83%-0.03%
2026-06-306.86%+0%
2026-05-316.86%+0.18%
2026-04-306.68%-0.03%
2026-03-316.71%-0.04%
2026-02-286.75%-0.01%
2026-01-316.76%-0.03%
2025-12-316.79%-0.2%
2025-11-306.99%-0.01%
2025-10-317%-0.33%
2025-09-307.33%-0.09%
2025-08-317.42%+0.08%
2025-07-317.34%+0%
2025-06-307.34%-0.19%
2025-05-317.53%-0.2%
2025-04-307.73%-0.07%
2025-03-317.8%-0.05%
2025-02-287.85%-0.03%
2025-01-317.88%-0.11%
2024-12-317.99%-0.08%
2024-11-308.07%-0.09%
2024-10-318.16%-0.1%
2024-09-308.26%-0.16%
2024-08-318.42%-0.01%
2024-07-318.43%+0.01%
2024-06-308.42%-0.02%
2024-05-318.44%+1.22%
2024-04-307.22%-0.05%
2024-03-317.27%+0.1%
2024-02-297.17%-0.02%
2024-01-317.19%+0%
2023-12-317.19%+0.23%
2023-11-306.96%+0.02%
2023-10-316.94%+0.04%
2023-09-306.9%+0.04%
2023-08-316.86%+0.05%
2023-07-316.81%+0.01%
2023-06-306.8%+0.06%
2023-05-316.74%+0.31%
2023-04-306.43%+0.01%
2023-03-316.42%+0.46%
2023-02-285.96%+0.15%
2023-01-315.81%-0.34%
2022-12-316.15%+0.16%
2022-11-305.99%+0.28%
2022-10-315.71%+0.11%
2022-09-305.6%+0.41%
2022-08-315.19%-0.14%
2022-07-315.33%+0.42%
2022-06-304.91%+0.17%
2022-05-314.74%+0.3%
2022-04-304.44%+0.03%
2022-03-314.41%+0.19%
2022-02-284.22%+0.11%
2022-01-314.11%+0.13%
2021-12-313.98%+0.01%
2021-11-303.97%+0.16%
2021-10-313.81%+0.01%
2021-09-303.8%+0.02%
2021-08-313.78%-0.01%
2021-07-313.79%-0.01%
2021-06-303.8%+0.01%
2021-05-313.79%+0.02%
2021-04-303.77%+0.03%
2021-03-313.74%-0.01%
2021-02-283.75%-0.05%
2021-01-313.8%-0.09%
2020-12-313.89%+0%
2020-11-303.89%-0.05%
2020-10-313.94%-0.14%
2020-09-304.08%-0.14%
2020-08-314.22%-0.15%
2020-07-314.37%-0.13%
2020-06-304.5%-0.27%
2020-05-314.77%-0.48%
2020-04-305.25%-0.89%
2020-03-316.14%-0.58%
2020-02-296.72%-0.08%
2020-01-316.8%+0.02%

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · Download this series as CSV — free, attribution required (CC BY 4.0).

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Frequently asked questions

What is South Africa's deposit interest rate?

South Africa's deposit interest rate is 6.85% as of 2026-08-31, compared with 6.83% in 2026-07-31. Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO).

What was the highest deposit interest rate in South Africa?

The highest recorded value is 12.25% (2008-10-31); the lowest is 3.74% (2021-03-31), across data from 2001 to 2026.

Where does this data come from?

Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures are republished with attribution and updated as the source releases new observations.