South Africa policy rate in 2015 (2 changes)

Start of year5.75%

End of year6.25%Dec 31, 2015

Net change+50 bp2 hikes, 0 cuts

Average5.887%

Rank by level6 / 37

Changes in 2015

Date	From	To	Change
Jul 24, 2015	5.75%	6.00%	hike +25 bp
Nov 20, 2015	6.00%	6.25%	hike +25 bp

Compared with other areas at the end of 2015

Brazil14.25%

Russia11%

Türkiye7.5%

Indonesia7.5%

India6.75%

South Africa6.25%

Iceland5.75%

Colombia5.75%

Serbia4.5%

China4.35%

Philippines4%

Peru3.75%

Chile3.5%

Malaysia3.25%

Mexico3.25%

North Macedonia3.25%

New Zealand2.5%

Morocco2.5%

Kuwait2.25%

Saudi Arabia2%

Australia2%

Romania1.75%

Thailand1.5%

Poland1.5%

South Korea1.5%

Hungary1.35%

Norway0.75%

Hong Kong0.75%

United Kingdom0.5%

Canada0.5%

United States0.375%

Israel0.1%

Euro area0.05%

Czechia0.05%

Sweden-0.35%

Denmark-0.75%

Switzerland-0.75%

Year-end rate over time

20267.25%

20256.75%

20247.75%

20238.25%

20227%

20213.75%

20203.5%

20196.5%

20186.75%

20176.75%

20167%

20156.25%

20145.75%

20135%

20125%

20115.5%

20105.5%

20097%

200811.5%

200711%

20069%

20057%

20047.5%

20038%

200213.5%

20019.5%

200012%

← 2014 2016 →

2015: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.