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South Africa - Real Interest Rate 1997

Name: South Africa Real Interest Rate 1997
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Real interest rate · World Bank

10.97% +0.33pp from 1996 Global rank: 64th

South Africa's real interest rate was 10.97% in 1997, increased +0.33pp from 10.64% in 1996. This was the 64th highest globally.

Global Ranking - 1997▾

Real Interest Rate by Country - 1997
Rank	Country	Value	YoY
1st	Bulgaria	-69.11%	-149.4%
2nd	Bahamas, The	-38.38%	-772.1%
3rd	Angola	-29.52%	68.4%
4th	Romania	-26.69%	-445.3%
5th	Belarus	-23.22%	-514.0%
6th	Myanmar	-10.08%	-354.3%
7th	Rwanda	0.95%	-85.7%
8th	Serbia	0.98%	-
9th	Hungary	1.25%	-71.4%
10th	Haiti	1.36%	-85.2%
11th	Papua New Guinea	1.87%	-83.5%
12th	Japan	1.93%	-37.9%
13th	Bhutan	2.74%	-62.4%
14th	Hong Kong SAR, China	2.96%	19.0%
15th	Egypt, Arab Republic of	3.56%	-55.0%
16th	Mexico	3.74%	-51.1%
17th	Canada	3.77%	-12.6%
18th	Czechia	4.48%	86.8%
19th	Tanzania	4.71%	-61.6%
20th	Singapore	5.18%	10.6%
21st	Sweden	5.48%	-27.9%
22nd	Solomon Islands	5.71%	90.8%
23rd	Australia	5.82%	-14.8%
24th	St. Kitts and Nevis	5.96%	-41.7%
25th	Malawi	6.14%	233.3%
26th	Aruba	6.31%	-8.4%
27th	United Kingdom	6.52%	274.0%
28th	United States	6.60%	4.4%
29th	Maldives	6.62%	9.4%
30th	Nicaragua	6.76%	0.9%
31st	Costa Rica	6.80%	-30.1%
32nd	China	6.87%	104.7%
33rd	Malaysia	6.91%	14.3%
34th	India	6.91%	-11.3%
35th	Malta	7.15%	13.5%
36th	Eswatini	7.32%	-28.2%
37th	Viet Nam	7.34%	-30.1%
38th	Fiji	7.49%	-6.8%
39th	Korea	7.72%	13.3%
40th	Italy	7.77%	-4.0%
41st	Lebanon	7.84%	-66.0%
42nd	Macao SAR, China	7.93%	11.3%
43rd	Croatia	8.02%	-55.4%
44th	Algeria	8.14%	300.9%
45th	Yemen, Republic of	8.14%	309.4%
46th	Indonesia	8.21%	-15.3%
47th	Lesotho	8.27%	-25.1%
48th	Botswana	8.53%	714.4%
49th	Thailand	8.83%	-1.1%
50th	Barbados	8.84%	21.4%
51st	Bangladesh	8.85%	271.4%
52nd	Mauritania	8.85%	-55.2%
53rd	Antigua and Barbuda	9.22%	7.7%
54th	Grenada	9.29%	30.3%
55th	Panama	9.31%	-54.0%
56th	Philippines	9.43%	42.0%
57th	St. Lucia	9.53%	-22.5%
58th	Guatemala	9.59%	-
59th	Dominica	9.59%	21.3%
60th	St. Vincent and the Grenadines	9.80%	32.5%
61st	Iceland	9.83%	2.1%
62nd	Dominican Republic	10.57%	-45.3%
63rd	Jordan	10.96%	-
64th	South Africa	10.97%	3.1%
65th	Bahrain	11.16%	-7.8%
66th	Oman	11.68%	564.2%
67th	Chile	11.94%	-12.7%
68th	Nigeria	12.13%	330.5%
69th	Namibia	12.20%	252.7%
70th	Mauritius	13.12%	1.7%
71st	Seychelles	13.88%	-41.5%
72nd	Kuwait	14.18%	343.1%
73rd	Micronesia, Federated States of	14.27%	10.6%
74th	Colombia	14.44%	-31.1%
75th	Russian Federation	14.76%	-
76th	Guyana	15.38%	15.3%
77th	Kenya	16.88%	392.2%
78th	Zambia	16.98%	-28.3%
79th	Mozambique	17.57%	-
80th	Albania	17.70%	194.6%
81st	Uganda	17.73%	17.9%
82nd	Belize	18.08%	37.0%
83rd	Moldova	18.51%	168.4%
84th	Guinea	18.80%	-1.9%
85th	Trinidad and Tobago	19.57%	43.0%
86th	Sierra Leone	21.14%	977.5%
87th	Jamaica	21.22%	20.3%
88th	Peru	22.02%	10.6%
89th	Madagascar	24.73%	88.2%
90th	Honduras	25.44%	-1.4%
91st	Ukraine	26.29%	218.0%
92nd	Paraguay	27.75%	21.6%
93rd	Liberia	29.82%	219.8%
94th	Armenia	30.99%	-20.7%
95th	Suriname	31.19%	45.1%
96th	Uruguay	32.84%	-33.3%
97th	Gambia, The	33.47%	111.7%
98th	Kyrgyz Republic	36.81%	83.0%
99th	Bolivia, Plurinational State of	41.95%	5.5%
100th	Brazil	65.41%	-

FAQ

What was South Africa's real interest rate in 1997?▾

South Africa's real interest rate in 1997 was 10.97%. This ranked 64th globally.

How did South Africa's real interest rate change in 1997?▾

South Africa's real interest rate increased by 3.1% in 1997 compared to 1996.

Which country had the highest real interest rate in 1997?▾

Brazil had the highest real interest rate in 1997 at 65.41%.

What is the real interest rate of South Africa in 1997?▾

The real interest rate of South Africa in 1997 was 10.97%. This ranked 64th globally.

How does 1997 compare to 1996 for South Africa's real interest rate?▾

South Africa's real interest rate went from 10.64% in 1996 to 10.97% in 1997, a 3.1% increase.

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