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

The Bank of Ghana left its monetary policy interest rate on hold at 26 percent on January 25th, 2016, mentioning moderation in consumer inflation. Policymakers also said medium term core inflation forecasts remained broadly steady at 8±2 percent for early 2017 and concluded the current tight monetary policy stance, supported by continued fiscal consolidation and improvement in the energy situation, would provide the necessary impetus to rein in inflation pressures. Interest Rate in Ghana averaged 17.24 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-14 12:30 PM Interest Rate Decision 25% 24% 24% 24%
2015-11-16 11:30 AM Interest Rate Decision 26% 25% 25% 25%
2016-01-25 11:13 AM Interest Rate Decision 26% 26% 26% 26%
2016-03-21 12:30 PM Interest Rate Decision 26% 27%

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 58293.23 55314.60 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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