Ghana Interest Rate  2002-2016 | Data | Chart | Calendar | Forecast | News

Ghana's central bank left its benchmark policy rate unchanged at 26.0 percent on May 16th, 2016 for the 4th straight meeting, noting balanced risks to inflation and growth and mentioning some recent stability in the currency. Since the beginning of the year, the cedi depreciated 0.3 percent against the US dollar compared to a 17.2 percent depreciation in the same period of 2015. In April, the inflation rate slowed to 18.7 percent from 19.2 percent in March. Interest Rate in Ghana averaged 17.46 percent from 2002 until 2016, 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 reported by the Bank of Ghana.

Ghana Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
26.00 26.00 27.50 12.50 2002 - 2016 percent Daily
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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-01-25 11:13 AM Interest Rate Decision 26% 26% 26% 26%
2016-03-21 11:15 AM Interest Rate Decision 26% 26% 26% 26%
2016-05-16 11:20 AM Interest Rate Decision 26% 26% 26% 26.0221%
2016-07-18 11:00 AM Interest Rate Decision 26%
2016-09-19 11:00 AM Interest Rate Decision 26%
2016-11-21 11:00 AM Interest Rate Decision 26%

Ghana Money Last Previous Highest Lowest Unit
Interest Rate 26.00 26.00 27.50 12.50 percent [+]
Foreign Exchange Reserves 4520.53 4593.98 5896.15 300.26 USD Million [+]
Banks Balance Sheet 56412.29 57308.28 58293.23 1923.60 GHS Million [+]
Deposit Interest Rate 12.90 12.35 35.76 8.89 percent [+]
Central Bank Balance Sheet 35268.76 33782.37 39776.13 4630.30 GHS Million [+]




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Zimbabwe 11.99 Dec/15
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Russia 11.00 Apr/16
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Mongolia 10.50 May/16
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Bosnia and Herzegovina 5.25 Feb/16
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Dominican Republic 5.00 Apr/16
Ethiopia 5.00 Apr/16
Guyana 5.00 Apr/16
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China 4.35 Apr/16
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Peru 4.25 May/16
Serbia 4.25 May/16
Tunisia 4.25 Apr/16
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Mexico 3.75 May/16
Benin 3.50 Apr/16
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Chile 3.50 May/16
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Ivory Coast 3.50 Apr/16
Mali 3.50 Apr/16
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Togo 3.50 Apr/16
Barbados 3.26 Apr/16
Macedonia 3.25 Jan/16
Malaysia 3.25 May/16
Guatemala 3.00 Apr/16
Libya 3.00 Apr/16
Philippines 3.00 Jun/16
Belize 2.50 Apr/16
Croatia 2.50 Apr/16
Cameroon 2.45 Apr/16
Central African Republic 2.45 Apr/16
Chad 2.45 Apr/16
Equatorial Guinea 2.45 Apr/16
Gabon 2.45 Apr/16
Republic of the Congo 2.45 Apr/16
Cuba 2.25 Apr/16
Kuwait 2.25 Apr/16
Morocco 2.25 Apr/16
New Zealand 2.25 Apr/16
Congo 2.00 Apr/16
Saudi Arabia 2.00 Apr/16
Bolivia 1.90 Mar/16
Australia 1.75 May/16
Costa Rica 1.75 Apr/16
Romania 1.75 May/16
Poland 1.50 May/16
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Thailand 1.50 May/16
Cambodia 1.42 Mar/16
Comoros 1.36 Mar/16
Albania 1.25 May/16
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Oman 1.00 Apr/16
Hungary 0.90 May/16
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Hong Kong 0.75 Apr/16
Macau 0.75 Apr/16
Canada 0.50 May/16
Fiji 0.50 Apr/16
Norway 0.50 May/16
United Kingdom 0.50 May/16
United States 0.50 Apr/16
Panama 0.49 Mar/16
Singapore 0.41 Apr/16
New Caledonia 0.30 Apr/16
Israel 0.10 May/16
Czech Republic 0.05 May/16
Austria 0.00 Apr/16
Belgium 0.00 Apr/16
Bulgaria 0.00 May/16
Cyprus 0.00 Apr/16
Estonia 0.00 Apr/16
Euro Area 0.00 Apr/16
Finland 0.00 Apr/16
France 0.00 Apr/16
Germany 0.00 Apr/16
Greece 0.00 Apr/16
Ireland 0.00 Apr/16
Italy 0.00 Apr/16
Latvia 0.00 Apr/16
Lithuania 0.00 Apr/16
Luxembourg 0.00 Apr/16
Malta 0.00 Apr/16
Netherlands 0.00 Apr/16
Portugal 0.00 Apr/16
Slovakia 0.00 Apr/16
Slovenia 0.00 Apr/16
Spain 0.00 Apr/16
Japan -0.10 Apr/16
Sweden -0.50 Apr/16
Denmark -0.65 Apr/16
Switzerland -0.75 Apr/16