Bank Lending Rate in Ghana decreased to 34.50 percent in May from 35.50 percent in April of 2018. Bank Lending Rate in Ghana averaged 29.59 percent from 2005 until 2018, reaching an all time high of 42.84 percent in July of 2016 and a record low of 21.24 percent in March of 2008.

Bank Lending Rate in Ghana is expected to be 33.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Ghana to stand at 33.50 in 12 months time. In the long-term, the Ghana Bank Lending Rate is projected to trend around 35.25 percent in 2020, according to our econometric models.

Ghana Bank Lending Rate
Forecast Data Chart
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Ghana Consumer Last Previous Highest Lowest Unit
Gasoline Prices 0.81 0.92 1.11 0.20 USD/Liter [+]
Household Spending 23.30 23.00 36.60 8.80 percent [+]

Ghana Bank Lending Rate

In Ghana, the bank lending rate is the average rate of interest charged on short term loans by commercial banks to companies. This page provides - Ghana Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Bank Lending Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
34.50 35.50 42.84 21.24 2005 - 2018 percent Monthly

Country Last Previous
Brazil 53.15 Feb/19
South Africa 10.25 Mar/19
India 9.40 Apr/19
Russia 9.25 Feb/19
Australia 8.66 Mar/19
United States 5.50 Mar/19
Singapore 5.25 Mar/19
China 4.35 Mar/19
Canada 3.95 Apr/19
South Korea 3.70 Feb/19
Germany 2.04 Feb/19
Italy 2.01 Feb/19
Euro Area 1.99 Feb/19
United Kingdom 1.75 Mar/19
France 1.73 Feb/19
Spain 1.11 Feb/19
Japan 1.00 Feb/19
Netherlands 0.86 Feb/19