Risk premium on lending reached 3.05 % in 2017 in South Africa, according to the National Central Bank. This is 5.7 % less than in the previous year.
Historically, risk premium on lending in South Africa reached an all time high of 5.67 % in 1975 and an all time low of 2.58 % in 1961. When compared to South Africa's main peers, risk premium on lending in Lesotho amounted to 5.18 %, 2.10 % in Namibia and 2.67 % in Swaziland in 2017.
South Africa has been ranked 42nd within the group of 59 countries we follow in terms of risk premium on lending, 9 places above the position seen 10 years ago.