South Africa policy rate in 2019 (1 changes)

Start of year6.75%

End of year6.50%Dec 31, 2019

Net change-25 bp0 hikes, 1 cuts

Average6.636%

Rank by level3 / 38

Changes in 2019

Date	From	To	Change
Jul 19, 2019	6.75%	6.50%	cut -25 bp

Compared with other areas at the end of 2019

Türkiye12%

Mexico7.25%

South Africa6.5%

Russia6.25%

India5.15%

Indonesia5%

Brazil4.5%

Colombia4.25%

China4.15%

Philippines4%

Malaysia3%

Iceland3%

Kuwait2.75%

Romania2.5%

Hong Kong2.49%

Saudi Arabia2.25%

Serbia2.25%

Peru2.25%

North Macedonia2.25%

Morocco2.25%

Czechia2%

Chile1.75%

Canada1.75%

United States1.625%

Poland1.5%

Norway1.5%

Thailand1.25%

South Korea1.25%

New Zealand1%

Hungary0.9%

United Kingdom0.75%

Australia0.75%

Israel0.25%

Euro area0%

Japan-0.1%

Sweden-0.25%

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%

← 2018 2020 →

2019: hikes and cuts worldwide →

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