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# South Africa Interest Rate

> South Africa interest rate is 7.0% as of Jul 2026, from 7.0%. History from 1980, source Bank for International Settlements. Free API & MCP access.

Interest Rate in South Africa held at 7.0% in Jul 2026 from 7.0% in Jun 2026.

Interest Rate in South Africa averaged 9.7% from 1980 until 2026, reaching an all-time high of 21.9% in Sep 1998 and a record low of 3.5% in Oct 2021. The series is reported monthly with history from 1980.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 7.0% | 7.0% | 21.9% (Sep 1998) | 3.5% (Oct 2021) | 1980–2026 | % | monthly |

## FAQ

**What is South Africa's interest rate right now?**

Interest Rate in South Africa is 7.0% as of Jul 2026.

**What are the historical extremes for South Africa's interest rate?**

The all-time high is 21.9% (Sep 1998); the record low is 3.5% (Oct 2021), over a series starting in 1980.

**How often is this series updated?**

Interest Rate for South Africa is a monthly series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=south-africa&indicator=interest-rate`.
Back to [South Africa economy](/south-africa.md).