Bank Interest Expenses (Local Currency) in South Africa

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached ZAR 39,027 mil in first quarter of 2021 in South Africa, according to the National Central Bank. This is 4.03% less than in the previous quarter.

Historically, bank interest expenses in South Africa reached an all time high of ZAR 66,233 mil in 2Q2019 and an all time low of ZAR 9,314 mil in 3Q2011.

South Africa has been ranked 18th within the group of 60 countries we follow in terms of bank interest expenses.

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