Deposit Rate, Percent per annum in Ghana
Ghana: Deposit Rate, Percent per annum was 10.5 in 2025. ▼ Falling
Latest (2025)
10.5
Change on year
unchanged
World rank
13th
of 143 countries
All-time high
35.76
in 1997
All-time low
8.89
in 2006
Years of data
47
1978–2025
Deposit Rate, Percent per annum in Ghana, 1978–2025
Source: International Monetary Fund.
Analysis
In 2025, deposit rate, percent per annum in Ghana stood at 10.5.
That represents a change of down 21.3% over ten years.
Over the whole period, deposit rate, percent per annum in Ghana peaked at 35.76 in 1997 and was at its lowest, 8.89, in 2006.
Ghana ranks 13th of 143 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 47 years of available data.
Deposit Rate, Percent per annum in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1978 | 11.5 | — |
| 1979 | 11.5 | +0.0% |
| 1980 | 11.5 | +0.0% |
| 1981 | 11.5 | +0.0% |
| 1982 | 11.5 | +0.0% |
| 1983 | 11.5 | +0.0% |
| 1984 | 15 | +30.4% |
| 1985 | 15.75 | +5.0% |
| 1986 | 17 | +7.9% |
| 1987 | 17.58 | +3.4% |
| 1988 | 16.5 | -6.2% |
| 1989 | 15.5 | -6.1% |
| 1991 | 21.32 | +37.6% |
| 1992 | 16.32 | -23.4% |
| 1993 | 23.63 | +44.8% |
| 1994 | 23.15 | -2.0% |
| 1995 | 28.73 | +24.1% |
| 1996 | 34.5 | +20.1% |
| 1997 | 35.76 | +3.7% |
| 1998 | 32.05 | -10.4% |
| 1999 | 23.56 | -26.5% |
| 2000 | 28.6 | +21.4% |
| 2001 | 30.85 | +7.9% |
| 2002 | 16.21 | -47.5% |
| 2003 | 14.32 | -11.6% |
| 2004 | 13.62 | -4.9% |
| 2005 | 10.16 | -25.4% |
| 2006 | 8.89 | -12.6% |
| 2007 | 8.9 | +0.1% |
| 2008 | 11.29 | +26.9% |
| 2009 | 17.06 | +51.2% |
| 2010 | 12.88 | -24.5% |
| 2011 | 8.91 | -30.8% |
| 2012 | 10.05 | +12.8% |
| 2013 | 12.35 | +22.9% |
| 2014 | 12.9 | +4.5% |
| 2015 | 13.34 | +3.4% |
| 2016 | 13.04 | -2.2% |
| 2017 | 14.06 | +7.8% |
| 2018 | 12.08 | -14.1% |
| 2019 | 11.5 | -4.8% |
| 2020 | 11.5 | +0.0% |
| 2021 | 11.5 | +0.0% |
| 2022 | 12.05 | +4.8% |
| 2023 | 11.42 | -5.3% |
| 2024 | 10.5 | -8.0% |
| 2025 | 10.5 | +0.0% |
Ghana compared with similar countries
- Ghana's 10.5 is above the median for lower middle income countries, which is 5.24, 2.0× the median. (40 countries reporting)
- Ghana's 10.5 is above the median for Sub-Saharan Africa, which is 5.67, 1.9× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.5 | 11.5 | 11.5 | 2 |
| 1980s | 14.33 | 11.5 | 17.58 | 10 |
| 1990s | 26.56 | 16.32 | 35.76 | 9 |
| 2000s | 15.99 | 8.89 | 30.85 | 10 |
| 2010s | 12.11 | 8.91 | 14.06 | 10 |
| 2020s | 11.24 | 10.5 | 12.05 | 6 |
Countries ranked near Ghana
More financial sector data for Ghana
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.61 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.61 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit rate, percent per annum in Ghana?
- Deposit rate, percent per annum in Ghana was 10.5 in 2025, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Ghana?
- The highest recorded value was 35.76 in 1997.
- What is the lowest deposit rate, percent per annum recorded in Ghana?
- The lowest recorded value was 8.89 in 2006.
- How does Ghana rank for deposit rate, percent per annum?
- Ghana ranks 13th out of 143 countries with data for 2025.
- Is deposit rate, percent per annum rising or falling in Ghana?
- Over the last ten years it is down 21.3%. The long-run trend across the full record is falling.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.