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 was 6.83 per cent in August 2026, compared to 6.99 in July 2026.
Sample. The monthly time series displayed in the chart has 549 observations overall. The series covers the time span stretching from December 1980 to August 2026.
History. Check out a few statistics computed on the whole sample: the interest rate reached its lowest level of 2.98 per cent in February 2022; it hit a maximum of 21.90 in February 1985; it had a mean value of 10.14.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 7.11 |
| 2026-07-31 | 6.99 |
| 2026-08-31 | 6.83 |
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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
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