South Africa - Interest rate spread
Interest rate spread (lending rate minus deposit rate, %)
The value for Interest rate spread (lending rate minus deposit rate, %) in South Africa was 3.37 as of 2010. As the graph below shows, over the past 33 years this indicator reached a maximum value of 6.33 in 1982 and a minimum value of 1.71 in 1989.
Definition: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1977 | 4.50 |
| 1978 | 4.46 |
| 1979 | 4.00 |
| 1980 | 3.96 |
| 1981 | 5.81 |
| 1982 | 6.33 |
| 1983 | 2.96 |
| 1984 | 4.04 |
| 1985 | 4.48 |
| 1986 | 3.36 |
| 1987 | 3.80 |
| 1988 | 1.79 |
| 1989 | 1.71 |
| 1990 | 2.14 |
| 1991 | 3.01 |
| 1992 | 5.13 |
| 1993 | 4.65 |
| 1994 | 4.47 |
| 1995 | 4.35 |
| 1996 | 4.61 |
| 1997 | 4.63 |
| 1998 | 5.30 |
| 1999 | 5.76 |
| 2000 | 5.30 |
| 2001 | 4.40 |
| 2002 | 4.98 |
| 2003 | 5.20 |
| 2004 | 4.74 |
| 2005 | 4.58 |
| 2006 | 4.03 |
| 2007 | 4.01 |
| 2008 | 3.51 |
| 2009 | 3.17 |
| 2010 | 3.37 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Interest rates
