Lending Rate in South Africa remained unchanged at 10 percent in November from 10 percent in October of 2019. source: South African Reserve Bank
Lending Rate in South Africa averaged 11.59 percent from 1950 until 2019, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5 percent in February of 1950. This page provides - South Africa Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Lending Rate - values, historical data and charts - was last updated on November of 2020.
Lending Rate in South Africa is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in South Africa to stand at 10.25 in 12 months time. In the long-term, the South Africa Lending Rate is projected to trend around 10.50 percent in 2021, according to our econometric models.