South Africa policy rate in 2021 (1 changes)

Start of year3.50%

End of year3.75%Dec 31, 2021

Net change+25 bp1 hikes, 0 cuts

Average3.528%

Rank by level8 / 38

Changes in 2021

Date	From	To	Change
Nov 19, 2021	3.50%	3.75%	hike +25 bp

Compared with other areas at the end of 2021

Türkiye14%

Brazil9.25%

Russia8.5%

Mexico5.5%

India4%

Chile4%

China3.8%

South Africa3.75%

Czechia3.75%

Indonesia3.5%

Colombia3%

Peru2.5%

Hungary2.4%

Philippines2%

Iceland2%

Romania1.75%

Poland1.75%

Malaysia1.75%

Morocco1.5%

Kuwait1.5%

North Macedonia1.25%

Saudi Arabia1%

Serbia1%

South Korea1%

New Zealand0.75%

Thailand0.5%

Norway0.5%

Hong Kong0.5%

United Kingdom0.25%

Canada0.25%

United States0.125%

Israel0.1%

Australia0.1%

Euro area0%

Sweden0%

Japan-0.1%

Denmark-0.6%

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%

← 2020 2022 →

2021: hikes and cuts worldwide →

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