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South Africa · Deposit interest rate

South Africa Deposit interest rate

Source: IMF, International Reserves and Foreign Currency Liquidity (IRFCL). · updated 2025-02-28

Latest · 2025-02-287.85%
Previous · 2025-01-317.88%
Highest · 2008-10-3112.25%
Lowest · 2021-03-313.74%

South Africa's deposit interest rate stands at 7.85% as of 2025-02-28, down from 7.88% in 2025-01-31. Historical data runs from 2001 to 2025 (279 observations).

Recent trend

In 2025-02-28, South Africa's deposit interest rate was 7.85%, down from 7.88% in 2025-01-31.

In 2025-01-31, South Africa's deposit interest rate was 7.88%, down from 7.99% in 2024-12-31.

In 2024-12-31, South Africa's deposit interest rate was 7.99%, down from 8.07% in 2024-11-30.

In 2024-11-30, South Africa's deposit interest rate was 8.07%, down from 8.16% in 2024-10-31.

In 2024-10-31, South Africa's deposit interest rate was 8.16%, down from 8.26% in 2024-09-30.

South Africa Deposit interest rate — historical data

DateValueChange
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%
2019-12-316.78%-0.1%
2019-11-306.88%+0.12%
2019-10-316.76%-0.16%
2019-09-306.92%-0.06%
2019-08-316.98%-0.02%
2019-07-317%-0.15%
2019-06-307.15%+0.12%
2019-05-317.03%-0.14%
2019-04-307.17%+0.02%
2019-03-317.15%+0.03%
2019-02-287.12%-0.04%
2019-01-317.16%+0.03%
2018-12-317.13%+0.04%
2018-11-307.09%+0.2%
2018-10-316.89%+0.03%
2018-09-306.86%-0.1%
2018-08-316.96%+0.01%
2018-07-316.95%+0.03%

Source: IMF, International Reserves and Foreign Currency Liquidity (IRFCL). · Download this series as CSV — free, attribution required (CC BY 4.0).

More South Africa data

Frequently asked questions

What is South Africa's deposit interest rate?

South Africa's deposit interest rate is 7.85% as of 2025-02-28, compared with 7.88% in 2025-01-31. Source: IMF, International Reserves and Foreign Currency Liquidity (IRFCL).

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 2025.

Where does this data come from?

Source: IMF, International Reserves and Foreign Currency Liquidity (IRFCL). Figures are republished with attribution and updated as the source releases new observations.