South Africa Prime Lending Rate
Prime Lending Rate
Prime Lending Rate data was reported at 11.500 % pa in Sep 2024. This records a decrease from the previous number of 11.750 % pa for Aug 2024. Prime Lending Rate data is updated monthly, averaging 10.500 % pa from Jan 2000 (Median) to Sep 2024, with 297 observations. The data reached an all-time high of 17.000 % pa in May 2003 and a record low of 7.000 % pa in Oct 2021. Prime Lending Rate data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.M005: Prime Lending Rate.
| Last | Frequency | Range |
|---|---|---|
| 11.500 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
View South Africa's Prime Lending Rate from Jan 2000 to Sep 2024 in the chart:
South Africa Real Prime Lending Rate
Real Prime Lending Rate data was reported at 4.660 % pa in Oct 2018. This records a decrease from the previous number of 4.860 % pa for Sep 2018. Real Prime Lending Rate data is updated monthly, averaging 4.046 % pa from Dec 1948 (Median) to Oct 2018, with 839 observations. The data reached an all-time high of 17.060 % pa in Aug 1998 and a record low of -5.560 % pa in Dec 1986. Real Prime Lending Rate data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.M004: Prime Lending Rate.
| Last | Frequency | Range |
|---|---|---|
| 5.36 May 2018 | monthly | Dec 1948 - May 2018 |