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Economy · Southern Africa

South Africa Lending Interest Rate

11.6%as of 2024+1.1% vs 2023

Bank rate that usually meets the short- and medium-term financing needs of the private sector. Source: World Bank — World Development Indicators. Updated June 25, 2026.

Trend

20002024 · World Bank

History

most recent 12 periods
PeriodLending Interest Rate
202411.6%
202311.5%
20228.8%
20217%
20207.7%
201910.1%
201810.1%
201710.4%
201610.5%
20159.4%
20149.1%
20138.5%

Get this via API

GET /v1/data

The series above is served by the /v1/data endpoint. With a free key you get JSON for every country and indicator on this site.

curl "https://api.africa-api.com/v1/data?country_code=ZA&metric_key=lending_interest_rate_pct" \
  -H "Authorization: Bearer $AFRICA_API_KEY"

Lending Interest Rate across Africa

Rank all 54 ->
CountryLending Interest RatePeriod
Nigeria14%2023
Kenya16.6%2024
Egypt24.3%2024
Ethiopia8%2008
Tanzania16.7%2020

Frequently asked questions

What is South Africa's bank lending interest rate?

South Africa's bank lending interest rate is 11.6% as of 2024, according to World Bank — World Development Indicators.

What is the source for this figure?

The figure comes from World Bank — World Development Indicators and is republished by the Africa API with the retrieval date shown on this page.

How do I get South Africa Lending Interest Rate data via API?

Call GET /v1/data?country_code=ZA&metric_key=lending_interest_rate_pct with a free Africa API key to receive the full time series as JSON.

More South Africa economy data