Short-term interest rate (per cent) - South Africa - OECD - Monthly
This series is part of the dataset: OECD interest rates
Download Full Dataset (.xlsx)Latest updates. In South Africa, the short-term interest rate stood at 6.85 per cent in September 2026, compared to 6.83 in August.
Sample. In the monthly time series presented in the graph, there are a total of 550 records. The time range covered by the series stretches from December 1980 to September 2026.
History. Have a look at some simple statistics we calculated on the whole sample: the interest rate had a mean of 10.13 per cent; it recorded a minimum of 2.98 per cent in February 2022; it reached its highest level of 21.90 per cent in February 1985.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 6.99000 |
| 2026-08-31 | 6.83000 |
| 2026-09-30 | 6.85000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Short-term interest rate |
| Country | South Africa |
| Economic concept | Interest rate |
| Data type | Annual interest rate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Short-term interest rates are the rates at which short-term borrowings are effected between financial institutions or the rate at which short-term government paper is issued or traded in the market. |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.