South Africa - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in South Africa was 3.82 as of 2021. As the graph below shows, over the past 20 years this indicator reached a maximum value of 11.61 in 2008 and a minimum value of 3.82 in 2021.

Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
2001 8.99
2002 10.77
2003 9.76
2004 6.55
2005 6.04
2006 7.14
2007 9.16
2008 11.61
2009 8.54
2010 6.47
2011 5.67
2012 5.44
2013 5.15
2014 5.80
2015 6.15
2016 7.17
2017 7.25
2018 7.00
2019 7.01
2020 4.88
2021 3.82

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates