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Bank Interest Expenses (Local Currency) in South Africa

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached ZAR 199,466 mil in 2020 in South Africa, according to the National Central Bank. This is 22.5% less than in the previous year.

Historically, bank interest expenses in South Africa reached an all time high of ZAR 257,221 mil in 2019 and an all time low of ZAR 116,647 mil in 2013.

South Africa has been ranked 19th within the group of 70 countries we follow in terms of bank interest expenses.

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