Ghana: Deposit interest rate
* indicates monthly or quarterly data series
The most recent value is 11 percent as of December 2024, no change compared to the previous value of 11 percent. Historically, the average for Ghana from November 2015 to December 2024 is 12.54 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 Dec | 11 |
| 2024 Nov | 11 |
| 2024 Oct | 11 |
| 2024 Sep | 11 |
| 2024 Aug | 11 |
| 2024 Jul | 11 |
| 2024 Jun | 11 |
| 2024 May | 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 | 15.5034 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 329.74 | 12/2024 | billion |
| Consumer Price Index (CPI) | 256.5000 | 3/2025 | index points |
| Inflation, monthly | 0.23 | 3/2025 | percent |
| Inflation, annual | 22.43 | 3/2025 | percent |
| Private sector credit | 95.54 | 12/2024 | billion |
| Deposit interest rate | 11.00 | 12/2024 | percent |