Short-Term Interest Rate (3-Month Interbank Interest Rate) in South Africa

Short-term interest rate measured by 3-month interbank interest rate reached 3.50% in 2022 in South Africa, according to the National Statistical Office. This is 5.73% more than in the previous year.

Historically, short-term interest rate measured by 3-month interbank interest rate in South Africa reached an all time high of 19.3% in 1984 and an all time low of 3.31% in 2021.

South Africa has been ranked 7th within the group of 44 countries we follow in terms of short-term interest rate measured by 3-month interbank interest rate.