South Africa - Real Interest Rate 1963

Real interest rate · World Bank
2.42% −3.59pp from 1962 Global rank: 1st

South Africa's real interest rate was 2.42% in 1963, decreased +3.59pp from 6.01% in 1962. This was the 1st highest globally.

Global Ranking - 1963▾
Real Interest Rate by Country - 1963
RankCountryValueYoY
1st South Africa 2.42% -59.7%
2nd Australia 3.28% -41.3%
3rd United States 3.37% 5.0%
4th Canada 3.49% -19.6%

FAQ

What was South Africa's real interest rate in 1963?▾

South Africa's real interest rate in 1963 was 2.42%. This ranked 1st globally.

How did South Africa's real interest rate change in 1963?▾

South Africa's real interest rate decreased by 59.7% in 1963 compared to 1962.

Which country had the highest real interest rate in 1963?▾

Canada had the highest real interest rate in 1963 at 3.49%.

What is the real interest rate of South Africa in 1963?▾

The real interest rate of South Africa in 1963 was 2.42%. This ranked 1st globally.

How does 1963 compare to 1962 for South Africa's real interest rate?▾

South Africa's real interest rate went from 6.01% in 1962 to 2.42% in 1963, a 59.7% decrease.

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