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 7.11 per cent in June 2026, versus 6.91 in the previous month.
Sample. There are 547 records in the monthly time series displayed in the plot above. The span of time covered by the series extends from December 1980 to June 2026.
History. Here's a glimpse of a few statistics calculated on the entire sample: the interest rate achieved a maximum of 21.90 per cent in February 1985; it reached a minimum of 2.98 in February 2022; it had a mean of 10.15.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 6.81 |
| 2026-05-31 | 6.91 |
| 2026-06-30 | 7.11 |
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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.