South Africa - Real interest rate

Real interest rate (%)

The value for Real interest rate (%) in South Africa was 2.31 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 12.69 in 1998 and a minimum value of -12.32 in 1980.

Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.

See also:

Year Value
1961 5.41
1962 5.80
1963 2.15
1964 3.73
1965 3.85
1966 3.00
1967 4.06
1968 4.37
1969 0.38
1970 3.72
1971 2.67
1972 -2.04
1973 -8.79
1974 -4.98
1975 0.88
1976 1.64
1977 1.20
1978 0.46
1979 -4.40
1980 -12.32
1981 3.51
1982 4.69
1983 0.12
1984 9.74
1985 4.01
1986 -2.41
1987 -1.73
1988 0.16
1989 2.23
1990 4.78
1991 4.03
1992 3.79
1993 -6.19
1994 5.26
1995 6.37
1996 10.64
1997 10.97
1998 12.69
1999 10.40
2000 4.87
2001 5.54
2002 2.85
2003 8.05
2004 4.95
2005 4.76
2006 4.81
2007 4.55
2008 6.75
2009 2.80
2010 3.49
2011 3.28
2012 3.88
2013 2.51
2014 3.57
2015 3.67
2016 3.28
2017 4.65
2018 5.89
2019 5.38
2020 2.31

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates