Bank Lending Rate in Ghana decreased to 34.50 percent in May from 35.50 percent in April of 2018. This dataset provides - Ghana Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Ghana was last recorded at 28 percent. This dataset provides - Ghana Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Ghana Deposit Money Banks: Lending Rate: Average data was reported at 27.500 % pa in Jun 2018. This records a decrease from the previous number of 27.800 % pa for May 2018. Ghana Deposit Money Banks: Lending Rate: Average data is updated monthly, averaging 28.975 % pa from Jan 2000 (Median) to Jun 2018, with 212 observations. The data reached an all-time high of 47.750 % pa in Sep 2000 and a record low of 24.170 % pa in Mar 2008. Ghana Deposit Money Banks: Lending Rate: Average data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.M004: Deposit Money Banks Rates.

Key information about Ghana Short Term Interest Rate

• Ghana Short Term Interest Rate: Month Avg: Ghana: Treasury Bills Rate: 91 Days was reported at 27.73 % pa in Dec 2024, compared with 26.89 % pa in the previous month.
• Ghana Short Term Interest Rate data is updated monthly, available from Aug 1996 to Dec 2024.
• The data reached an all-time high of 47.93 % pa in Nov 1997 and a record low of 9.13 % pa in Oct 2011.
• Short Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Ghana Long Term Interest Rate: Month Avg: Ghana: Government Bond Yield: 10 Years was reported at 29.85 % pa in Nov 2024.
• The cash rate (Policy Rate: Month End: Ghana) was set at 29.50 % pa in Jun 2023.
• Ghana Exchange Rate against USD averaged 15.49 (USD/GHS) in Feb 2025.

Ghana: Real interest rate: Bank lending rate minus inflation: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Ghana from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Bank deposit interest rate, percent in Ghana, February, 2025 The most recent value is 11 percent as of February 2025, no change compared to the previous value of 11 percent. Historically, the average for Ghana from November 2015 to February 2025 is 12.51 percent. The minimum of 10.13 percent was recorded in July 2020, while the maximum of 15.9 percent was reached in December 2016. | TheGlobalEconomy.com

Ghana Short Term Interest Rate: Monthly Average: Treasury Bills, Notes and Bonds: 91 Days data was reported at 13.590 % pa in Oct 2018. This records an increase from the previous number of 13.370 % pa for Sep 2018. Ghana Short Term Interest Rate: Monthly Average: Treasury Bills, Notes and Bonds: 91 Days data is updated monthly, averaging 22.950 % pa from Aug 1996 (Median) to Oct 2018, with 267 observations. The data reached an all-time high of 47.930 % pa in Nov 1997 and a record low of 9.130 % pa in Oct 2011. Ghana Short Term Interest Rate: Monthly Average: Treasury Bills, Notes and Bonds: 91 Days data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.M006: Treasury Bills, Notes and Bonds Yield.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Ghana GH: External Debt: Average Interest on New External Debt Commitments: Private data was reported at 5.043 % in 2017. This records a decrease from the previous number of 7.724 % for 2016. Ghana GH: External Debt: Average Interest on New External Debt Commitments: Private data is updated yearly, averaging 6.020 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 13.495 % in 1978 and a record low of 0.000 % in 1983. Ghana GH: External Debt: Average Interest on New External Debt Commitments: Private data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency.; ; World Bank, International Debt Statistics.; Weighted average;

Libya registered the lowest mortgage interest rate in South Africa in 2022, at five percent. At the other end of the scale was Zimbabwe, where the prevailing mortgage rate was 50 percent. In Ghana, the second to last country in the ranking, interest rates on housing loans averaged 26 percent.

Deposit Interest Rate in Ghana remained unchanged at 10.50 percent in the fourth quarter of 2023 from 10.50 percent in the third quarter of 2023. This dataset includes a chart with historical data for Deposit Interest Rate in Ghana.

Ghana GH: External Debt: Average Interest on New External Debt Commitments data was reported at 2.685 % in 2017. This records a decrease from the previous number of 4.912 % for 2016. Ghana GH: External Debt: Average Interest on New External Debt Commitments data is updated yearly, averaging 2.899 % from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 6.838 % in 2015 and a record low of 0.148 % in 1972. Ghana GH: External Debt: Average Interest on New External Debt Commitments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity.; ; World Bank, International Debt Statistics.; Weighted average;

Key information about Ghana Long Term Interest Rate

• Ghana Long Term Interest Rate: Month Avg: Ghana: Government Bond Yield: 10 Years was reported at 29.85 % pa in Nov 2024, compared with 29.85 % pa in the previous month.
• Ghana Long Term Interest Rate data is updated monthly, available from Sep 2004 to Nov 2024.
• The data reached an all-time high of 29.85 % pa in Nov 2024 and a record low of 12.08 % pa in Feb 2008.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Ghana Short Term Interest Rate: Month Avg: Ghana: Treasury Bills Rate: 91 Days was reported at 25.80 % pa in Oct 2024.
• The cash rate (Policy Rate: Month End: Ghana) was set at 29.50 % pa in Jun 2023.
• Ghana Exchange Rate against USD averaged 14.78 (USD/GHS) in Dec 2024.

GH: Deposit Interest Rate data was reported at 13.339 % pa in 2015. This records an increase from the previous number of 12.904 % pa for 2014. GH: Deposit Interest Rate data is updated yearly, averaging 15.000 % pa from Dec 1979 (Median) to 2015, with 35 observations. The data reached an all-time high of 35.759 % pa in 1997 and a record low of 8.885 % pa in 2006. GH: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

This paper presents the results of a financial intervention using loans, of which 50% is forgiven given a drop in crop prices below a certain threshold, in Ghana intended to investigate 1) the role of crop-price risk in reducing demand for credit among farmers and 2) how risk mitigation changes farmers' investment decisions. After baseline survey was taken and farmers were randomized into treatment and control, 20 meetings were set up in order to inform maize and garden egg farmers in the five villages of new loan product that would be distributed conditional on investment in their farms. 169 farmers attended the meetings, of which 91 were maize farmers and 78 were garden egg farmers. Two sets of meetings were in place, 10 that offered a standard loan product and 10 that offered a loan product that had a 50% forgiveness mechanism built in if average crop prices fell below a certain threshold (set at the 10th percentile for historical garden egg prices and the 7th percentile for maize prices). The average loan size for all loans was approximately 238 GHS, or 159 USD. Farmers were not informed of what type of meeting they would attend, and were unaware that there was a difference between the meetings prior to attending. Outcome measures were types of individuals that are likely to take up the loan under both the control and treatment condit ions, and the impact that the indemnified loan had on investment and profits versus the standard loan.

Ghana Treasury Bills, Notes and Bonds Yield: Interest Rate Equivalent: 182 Days data was reported at 13.850 % pa in Aug 2018. This records an increase from the previous number of 13.840 % pa for Jul 2018. Ghana Treasury Bills, Notes and Bonds Yield: Interest Rate Equivalent: 182 Days data is updated monthly, averaging 22.255 % pa from Dec 2009 (Median) to Aug 2018, with 92 observations. The data reached an all-time high of 27.310 % pa in Nov 2014 and a record low of 9.910 % pa in Oct 2011. Ghana Treasury Bills, Notes and Bonds Yield: Interest Rate Equivalent: 182 Days data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.M006: Treasury Bills, Notes and Bonds Yield.

Bank of Ghana Bills Yield: Interest Rate: 270 Days data was reported at 22.370 % pa in Sep 2018. This stayed constant from the previous number of 22.370 % pa for Aug 2018. Bank of Ghana Bills Yield: Interest Rate: 270 Days data is updated monthly, averaging 22.370 % pa from Feb 2012 (Median) to Sep 2018, with 80 observations. The data reached an all-time high of 23.000 % pa in Oct 2014 and a record low of 17.050 % pa in Jan 2014. Bank of Ghana Bills Yield: Interest Rate: 270 Days data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.M005: Bank of Ghana Bills Yield.

Bank of Ghana Bills Yield: Interest Rate Equivalent: 28 Days data was reported at 24.270 % pa in Sep 2018. This stayed constant from the previous number of 24.270 % pa for Aug 2018. Bank of Ghana Bills Yield: Interest Rate Equivalent: 28 Days data is updated monthly, averaging 18.660 % pa from Sep 2004 (Median) to Sep 2018, with 169 observations. The data reached an all-time high of 25.780 % pa in Oct 2014 and a record low of 10.080 % pa in Nov 2007. Bank of Ghana Bills Yield: Interest Rate Equivalent: 28 Days data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.M005: Bank of Ghana Bills Yield.

Bank of Ghana Bills Yield: Interest Rate Equivalent: 56 Days data was reported at 16.980 % pa in Sep 2018. This stayed constant from the previous number of 16.980 % pa for Aug 2018. Bank of Ghana Bills Yield: Interest Rate Equivalent: 56 Days data is updated monthly, averaging 16.820 % pa from Sep 2004 (Median) to Sep 2018, with 169 observations. The data reached an all-time high of 25.870 % pa in Aug 2014 and a record low of 0.000 % pa in Feb 2006. Bank of Ghana Bills Yield: Interest Rate Equivalent: 56 Days data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.M005: Bank of Ghana Bills Yield.

Ghana GH: Savings Rate data was reported at 6.092 % pa in 2016. This records an increase from the previous number of 5.235 % pa for 2015. Ghana GH: Savings Rate data is updated yearly, averaging 11.042 % pa from Dec 1978 (Median) to 2016, with 36 observations. The data reached an all-time high of 27.514 % pa in 1996 and a record low of 4.650 % pa in 2007. Ghana GH: Savings Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Ghana – Table GH.IMF.IFS: Lending, Saving and Deposit Rates: Annual.