Lending Rate in South Africa remained unchanged at 11.50 percent in November. Lending Rate in South Africa averaged 11.43 percent from 1950 until 2024, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5.00 percent in February of 1950. source: South African Reserve Bank
Lending Rate in South Africa is expected to be 11.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Lending Rate is projected to trend around 10.25 percent in 2025 and 9.00 percent in 2026, according to our econometric models.