Ghana: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 11 percent as of August 2024, no change compared to the previous value of 11 percent. Historically, the average for Ghana from November 2015 to August 2024 is 12.6 percent. The minimum of 10.13 percent was recorded in July 2020, while the maximum of 15.9 percent was reached in December 2016.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Ghana
Recent values | Ghana: Bank deposit interest rate, percent |
---|---|
2024  Aug | 11 |
2024  Jul | 11 |
2024  Jun | 11 |
2024  May | 11 |
2024  Apr | 11 |
2024  Mar | 11 |
2024  Feb | 11 |
2024  Jan | 11 |
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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 38.1 | 2023 | percent |
Exchange rate regimes | 6 | 2022 | index points |
USD exchange rate | 16.0261 | 10/2024 | Local Currency Units per USD |
Money supply (broad money) | 294.29 | 8/2024 | billion |
Consumer Price Index (CPI) | 235.8000 | 9/2024 | index points |
Inflation, monthly | 2.79 | 9/2024 | percent |
Inflation, annual | 21.48 | 9/2024 | percent |
Private sector credit | 86.68 | 8/2024 | billion |
Deposit interest rate | 11.00 | 8/2024 | percent |