Lending Rate in South Africa remained unchanged at 10 percent in April from 10 percent in March of 2018. Lending Rate in South Africa averaged 11.62 percent from 1950 until 2018, reaching an all time high of 25.50 percent in August of 1998 and a record low of 5 percent in February of 1950.
Lending Rate in South Africa is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in South Africa to stand at 10.00 in 12 months time. In the long-term, the South Africa Lending Rate is projected to trend around 10.50 percent in 2020, according to our econometric models.