South Africa policy rate in 2017 (1 changes)

Start of year7.00%

End of year6.75%Dec 30, 2017

Net change-25 bp0 hikes, 1 cuts

Average6.887%

Rank by level5 / 38

Changes in 2017

Date	From	To	Change
Jul 21, 2017	7.00%	6.75%	cut -25 bp

Compared with other areas at the end of 2017

Türkiye8%

Russia7.75%

Mexico7.25%

Brazil7%

South Africa6.75%

India6%

Colombia4.75%

China4.35%

Iceland4.25%

Indonesia4.25%

Serbia3.5%

Peru3.25%

North Macedonia3.25%

Philippines3%

Malaysia3%

Kuwait2.75%

Chile2.5%

Morocco2.25%

Saudi Arabia2%

Romania1.75%

New Zealand1.75%

Hong Kong1.75%

Thailand1.5%

Poland1.5%

South Korea1.5%

Australia1.5%

United States1.375%

Canada1%

Hungary0.9%

Norway0.5%

United Kingdom0.5%

Czechia0.5%

Israel0.1%

Euro area0%

Japan-0.1%

Sweden-0.5%

Denmark-0.65%

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%

← 2016 2018 →

2017: hikes and cuts worldwide →

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