South Africa - Real Interest Rate 2022
3.37%
+2.78pp from 2021
South Africa's real interest rate was 3.37% in 2022, increased +2.78pp from 0.60% in 2021. This was the 70th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | South Sudan | -52.14% | -539.5% |
| 2nd | Zimbabwe | -38.09% | -25.6% |
| 3rd | Suriname | -23.21% | 20.3% |
| 4th | Norway | -19.60% | -31.4% |
| 5th | Qatar | -16.93% | -11.4% |
| 6th | Azerbaijan | -16.52% | -289.1% |
| 7th | Brunei Darussalam | -15.08% | -74.7% |
| 8th | Haiti | -12.84% | -155.6% |
| 9th | Algeria | -12.14% | -77.4% |
| 10th | Ukraine | -12.09% | -31.0% |
| 11th | Kuwait | -11.66% | 41.3% |
| 12th | Bulgaria | -10.50% | -294.1% |
| 13th | Argentina | -9.82% | 17.2% |
| 14th | Bosnia and Herzegovina | -7.56% | -350.2% |
| 15th | Botswana | -7.40% | -156.2% |
| 16th | Trinidad and Tobago | -7.28% | 10.3% |
| 17th | Papua New Guinea | -6.12% | -72.7% |
| 18th | Sierra Leone | -6.02% | -156.8% |
| 19th | Moldova | -5.94% | -722.5% |
| 20th | Montenegro | -5.74% | -975.8% |
| 21st | Russian Federation | -5.69% | 39.0% |
| 22nd | Czechia | -4.09% | -411.4% |
| 23rd | North Macedonia | -3.89% | -809.6% |
| 24th | Romania | -3.83% | -41,679.5% |
| 25th | Guyana | -3.25% | 70.6% |
| 26th | Albania | -3.05% | -222.6% |
| 27th | Hungary | -2.91% | 3.6% |
| 28th | Burundi | -2.85% | -214.0% |
| 29th | Fiji | -2.44% | -130.9% |
| 30th | Malaysia | -2.25% | -6.4% |
| 31st | Vanuatu | -2.18% | -125.4% |
| 32nd | Belarus | -1.89% | 58.2% |
| 33rd | Israel | -1.88% | -339.8% |
| 34th | Thailand | -1.45% | -215.1% |
| 35th | Tonga | -1.23% | -121.9% |
| 36th | Italy | -1.15% | -257.0% |
| 37th | Iceland | -1.13% | -61.7% |
| 38th | Jamaica | -1.11% | -124.3% |
| 39th | Indonesia | -0.96% | -134.8% |
| 40th | Mauritius | -0.94% | -124.8% |
| 41st | Kyrgyz Republic | -0.83% | -252.7% |
| 42nd | St. Vincent and the Grenadines | -0.52% | -107.5% |
| 43rd | Switzerland | -0.38% | -129.3% |
| 44th | Eswatini | -0.34% | -104.8% |
| 45th | Timor-Leste | -0.33% | 98.9% |
| 46th | Bahamas, The | 0.12% | -97.8% |
| 47th | Egypt, Arab Republic of | 0.14% | -96.7% |
| 48th | Rwanda | 0.50% | -96.1% |
| 49th | Antigua and Barbuda | 0.50% | -78.8% |
| 50th | Colombia | 0.77% | -46.1% |
| 51st | Nicaragua | 0.78% | -86.8% |
| 52nd | San Marino | 1.01% | -39.2% |
| 53rd | Costa Rica | 1.02% | -66.8% |
| 54th | Belize | 1.15% | -85.3% |
| 55th | Cabo Verde | 1.40% | -77.4% |
| 56th | Mexico | 1.42% | 267.0% |
| 57th | Angola | 1.69% | 114.1% |
| 58th | Aruba | 1.74% | -63.2% |
| 59th | São Tomé and Principe | 1.83% | -85.5% |
| 60th | Bangladesh | 1.97% | -35.9% |
| 61st | Namibia | 2.06% | -60.7% |
| 62nd | Dominican Republic | 2.10% | -5.8% |
| 63rd | St. Lucia | 2.20% | 150.8% |
| 64th | China | 2.37% | 2,098.9% |
| 65th | Korea | 2.44% | 949.7% |
| 66th | India | 2.52% | 695.5% |
| 67th | Comoros | 2.71% | -70.4% |
| 68th | Lesotho | 3.27% | -33.6% |
| 69th | Hong Kong SAR, China | 3.36% | -21.7% |
| 70th | South Africa | 3.37% | 467.0% |
| 71st | Viet Nam | 3.42% | -28.7% |
| 72nd | Armenia | 3.46% | -24.0% |
| 73rd | St. Kitts and Nevis | 3.47% | -67.6% |
| 74th | Nigeria | 3.97% | 487.4% |
| 75th | Macao SAR, China | 4.13% | -32.9% |
| 76th | Panama | 4.61% | -15.3% |
| 77th | Jordan | 4.63% | -1.6% |
| 78th | Grenada | 4.72% | 27.0% |
| 79th | Honduras | 4.84% | -55.4% |
| 80th | Kenya | 5.03% | -32.3% |
| 81st | Bolivia, Plurinational State of | 5.04% | 0.1% |
| 82nd | Georgia | 5.10% | 146.7% |
| 83rd | Guatemala | 5.22% | -40.6% |
| 84th | Uruguay | 5.44% | 266.7% |
| 85th | Samoa | 5.61% | -39.7% |
| 86th | Dominica | 6.26% | 19.0% |
| 87th | Uzbekistan | 6.36% | -6.4% |
| 88th | Malawi | 6.99% | -52.0% |
| 89th | Maldives | 7.27% | -14.5% |
| 90th | Seychelles | 7.42% | 18.9% |
| 91st | Peru | 7.73% | 829.4% |
| 92nd | Bhutan | 7.76% | 31.0% |
| 93rd | Gambia, The | 9.36% | -17.1% |
| 94th | Barbados | 9.42% | 605.2% |
| 95th | Mozambique | 10.06% | -22.7% |
| 96th | Brazil | 28.40% | 89.2% |
| 97th | Madagascar | 35.76% | -9.5% |
FAQ
What was South Africa's real interest rate in 2022?▾
South Africa's real interest rate in 2022 was 3.37%. This ranked 70th globally.
How did South Africa's real interest rate change in 2022?▾
South Africa's real interest rate increased by 467.0% in 2022 compared to 2021.
Which country had the highest real interest rate in 2022?▾
Madagascar had the highest real interest rate in 2022 at 35.76%.
What is the real interest rate of South Africa in 2022?▾
The real interest rate of South Africa in 2022 was 3.37%. This ranked 70th globally.
How does 2022 compare to 2021 for South Africa's real interest rate?▾
South Africa's real interest rate went from 0.60% in 2021 to 3.37% in 2022, a 467.0% increase.
Related
2021
2023
All years
Full ranking 2022
Lending Rate
Deposit Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1998
Lowest: 1980
Real Interest Rate 1990s
Real Interest Rate 2000s
Real Interest Rate 2010s
Real Interest Rate 2020s
Highest ever
Lowest ever
Average
vs Paraguay
vs Fiji
vs Suriname
vs Guatemala
G20 Real Interest Rate
BRICS+ Real Interest Rate
African Union Real Interest Rate
Global Ranking