The benchmark interest rate in Ghana was last recorded at 25 percent. This dataset provides - Ghana Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Deposit interest rate (%) in Ghana was reported at 11.42 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Ghana - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.; ;

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 .

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.

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.

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

Deposit interest rate of Ghana dropped by 5.27% from 12.05 % in 2022 to 11.42 % in 2023. Since the 7.83% jump in 2017, deposit interest rate plummeted by 18.81% in 2023. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.

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 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.

Key information about Ghana Policy Rate

• Ghana cash rate (Policy Rate: Month End: Ghana) was set at 29.50 % pa in May 2023, compared with 29.50 % pa in the previous Apr 2023.
• Ghana Policy Rate averaged 16.50 % pa and is updated monthly, available from Nov 2002 to May 2023.
• The data reached an all-time high of 29.50 % pa in May 2023 and a record low of 12.50 % pa in Jan 2012.

• In the latest reports, Ghana Short Term Interest Rate: Month Avg: Ghana: Treasury Bills Rate: 91 Days was reported at 19.67 % pa in Apr 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Ghana: Government Bond Yield: 10 Years) was reported at 29.85 % pa in Dec 2022.
• Ghana Exchange Rate against USD averaged 10.92 (USD/GHS) in May 2023.
• Its Real Effective Exchange Rate was 74.57 in Apr 2023.

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.

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.

Ghana Treasury Bills, Notes and Bonds Yield: Interest Rate Equivalent: 364 Days data was reported at 18.050 % pa in Apr 2019. This records a decrease from the previous number of 18.110 % pa for Mar 2019. Ghana Treasury Bills, Notes and Bonds Yield: Interest Rate Equivalent: 364 Days data is updated monthly, averaging 18.080 % pa from Jan 2019 (Median) to Apr 2019, with 4 observations. The data reached an all-time high of 18.220 % pa in Feb 2019 and a record low of 17.380 % pa in Jan 2019. Ghana Treasury Bills, Notes and Bonds Yield: Interest Rate Equivalent: 364 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 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 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.

Bank deposit interest rate, percent in Ghana, février, 2025 Pour cet indicateur, Bank of Ghana fournit des données pour la Ghana de novembre 2015 à février 2025. La valeur moyenne pour Ghana pendant cette période était de 12.51 pour cent avec un minimum de 10.13 pour cent en juillet 2020 et un maximum de 15.9 pour cent en décembre 2016. | TheGlobalEconomy.com

In 2021, the inflation rate in Ghana amounted to about 9.98 percent compared to the previous year. Ghana’s inflation peaked at almost 17.5 percent in 2016 and is predicted to decrease to 8 percent by 2030. Steady is best for inflationAccording to economists, a steady inflation rate between two and three percent is desirable to achieve a stable economy in a country. Inflation is the increase in the price level of consumer goods and services over a certain time period. A high inflation rate is often caused by excessive money supply and can turn into hyperinflation, i.e. if inflation occurs too quickly and rapidly, it can devalue currency and cause a recession and even economic collapse. This scenario is currently taking place in Venezuela , for example. The opposite of inflation, the decrease in the price level of goods and services below zero percent, is called deflation. While hyperinflation devalues money, deflation usually increases its value. Both events can damage an economy severely. Is Ghana’s economy at risk?Ghana’s economy is considered quite stable and fast-growing, and is rich in oil, diamonds, and gold. After struggling in the years around 2015 due to increased government spending and plummeting oil prices, it is now on an upswing again. This is also reflected in the decreasing inflation rate, and other key indicators like unemployment and rapid GDP growth support this theory. However, Ghana’s government debt is still struggling with the consequences of the 2015 crisis and forecast to keep skyrocketing during the next few years.

Amounts outstanding of debt securities issued in international markets by residents of Ghana of all issuers (nationality of All countries excluding residents of all issuers), all currencies, Total all currencies, original maturity of total (all maturities), remaining maturity of total (all maturities), all interest rates