The benchmark interest rate in Ghana was last recorded at 16 percent. Interest Rate in Ghana averaged 17.98 percent from 2002 until 2019, reaching an all time high of 27.50 percent in March of 2003 and a record low of 12.50 percent in December of 2006.

Interest Rate in Ghana is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Ghana to stand at 14.00 in 12 months time. In the long-term, the Ghana Interest Rate is projected to trend around 12.50 percent in 2020, according to our econometric models.

Ghana Interest Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-28 01:10 PM Interest Rate Decision 16% 17% 17% 17%
2019-04-01 12:00 PM Interest Rate Decision 16% 16% 16% 16%
2019-05-27 11:40 AM Interest Rate Decision 16% 16% 16% 16%
2019-07-19 02:00 PM Interest Rate Decision 16% 16% 16% 16%
2019-09-20 12:00 PM Interest Rate Decision 16% 16% 16%
2019-11-25 12:00 PM Interest Rate Decision 15%


Ghana Money Last Previous Highest Lowest Unit
Interest Rate 16.00 16.00 27.50 12.50 percent [+]
Banks Balance Sheet 110972.97 110641.22 110972.97 1923.60 GHS Million [+]
Foreign Exchange Reserves 9347.67 9959.61 9959.61 300.26 USD Million [+]
Central Bank Balance Sheet 79423.66 78435.31 79423.66 4630.30 GHS Million [+]


Ghana Interest Rate

In Ghana, interest rates decisions are taken by the Monetary Policy Committee of the Bank of Ghana. The official interest rate is the Monetary Policy Rate (MPR). This page provides - Ghana Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16.00 16.00 27.50 12.50 2002 - 2019 percent Daily




Country Last Previous
Argentina 83.46 Sep/19
Turkey 16.50 Sep/19
Mexico 8.00 Aug/19
Russia 7.00 Sep/19
South Africa 6.50 Aug/19
Brazil 5.50 Sep/19
Indonesia 5.50 Aug/19
India 5.40 Aug/19
China 4.25 Sep/19
Saudi Arabia 2.50 Sep/19
United States 2.00 Sep/19
Canada 1.75 Sep/19
Singapore 1.74 Aug/19
South Korea 1.50 Aug/19
Australia 1.00 Sep/19
United Kingdom 0.75 Aug/19
Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
Netherlands 0.00 Sep/19
Spain 0.00 Sep/19
Japan -0.10 Aug/19
Switzerland -0.75 Aug/19


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