Government securities: Treasury bills yields, Rate, Percent per annum in Ghana
Ghana: Government securities: Treasury bills yields, Rate, Percent per annum was 11.96 in 2025. ▼ Falling
Government securities: Treasury bills yields, Rate, Percent per annum in Ghana, 1978–2025
Source: International Monetary Fund.
Analysis
Ghana recorded 11.96 for government securities: treasury bills yields, rate, percent per annum in 2025.
Compared with earlier readings it is down 51.1% on the previous year and down 49.4% over ten years.
Over the whole period, government securities: treasury bills yields, rate, percent per annum in Ghana peaked at 42.77 in 1997 and was at its lowest, 9.66, in 2007.
That places Ghana 15th out of 89 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 48 years of available data.
Government securities: Treasury bills yields, Rate, Percent per annum in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1978 | 13 | — |
| 1979 | 13 | +0.0% |
| 1980 | 13 | +0.0% |
| 1981 | 13 | +0.0% |
| 1982 | 13 | +0.0% |
| 1983 | 13 | +0.0% |
| 1984 | 14.16 | +8.9% |
| 1985 | 17.13 | +21.0% |
| 1986 | 18.47 | +7.8% |
| 1987 | 21.71 | +17.6% |
| 1988 | 19.76 | -9.0% |
| 1989 | 19.84 | +0.4% |
| 1990 | 21.78 | +9.8% |
| 1991 | 29.23 | +34.2% |
| 1992 | 19.38 | -33.7% |
| 1993 | 30.95 | +59.7% |
| 1994 | 27.71 | -10.5% |
| 1995 | 35.38 | +27.6% |
| 1996 | 41.64 | +17.7% |
| 1997 | 42.77 | +2.7% |
| 1998 | 34.33 | -19.7% |
| 1999 | 26.37 | -23.2% |
| 2000 | 36.28 | +37.6% |
| 2001 | 40.96 | +12.9% |
| 2002 | 25.11 | -38.7% |
| 2003 | 27.25 | +8.5% |
| 2004 | 16.57 | -39.2% |
| 2005 | 14.89 | -10.1% |
| 2006 | 9.95 | -33.2% |
| 2007 | 9.66 | -2.8% |
| 2008 | 16.96 | +75.5% |
| 2009 | 23.76 | +40.1% |
| 2010 | 13.28 | -44.1% |
| 2011 | 10.41 | -21.7% |
| 2012 | 17.79 | +71.0% |
| 2013 | 20.82 | +17.0% |
| 2014 | 22.57 | +8.4% |
| 2015 | 23.61 | +4.6% |
| 2016 | 20.94 | -11.3% |
| 2017 | 13.62 | -34.9% |
| 2018 | 13.1 | -3.8% |
| 2019 | 14.19 | +8.3% |
| 2020 | 13.7 | -3.4% |
| 2021 | 12.42 | -9.3% |
| 2022 | 22.16 | +78.4% |
| 2023 | 25.03 | +13.0% |
| 2024 | 24.46 | -2.3% |
| 2025 | 11.96 | -51.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13 | 13 | 13 | 2 |
| 1980s | 16.31 | 13 | 21.71 | 10 |
| 1990s | 30.95 | 19.38 | 42.77 | 10 |
| 2000s | 22.14 | 9.66 | 40.96 | 10 |
| 2010s | 17.03 | 10.41 | 23.61 | 10 |
| 2020s | 18.29 | 11.96 | 25.03 | 6 |
Countries ranked near Ghana
- 12 Mongolia 13.85 compare
- 13 Gambia 13.66 compare
- 14 Mozambique 12.52 compare
- 16 Madagascar 11.35 compare
- 17 Bangladesh 10.75 compare
- 18 Uganda 9.81 compare
More financial sector data for Ghana
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 53.45 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.04 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 96.88 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 51.14 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 99.61 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 26.97 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 99.61 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 61.26 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 155.67 SDR per person (2024)
- Total reserves in months of imports, annual growth rate 13.18 % change on previous year (2024)
Frequently asked questions
- What is government securities: treasury bills yields, rate, percent per annum in Ghana?
- Government securities: treasury bills yields, rate, percent per annum in Ghana was 11.96 in 2025, according to International Monetary Fund.
- What is the highest government securities: treasury bills yields, rate, percent per annum recorded in Ghana?
- The highest recorded value was 42.77 in 1997.
- What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in Ghana?
- The lowest recorded value was 9.66 in 2007.
- How does Ghana rank for government securities: treasury bills yields, rate, percent per annum?
- Ghana ranks 15th out of 89 countries with data for 2025.
- Is government securities: treasury bills yields, rate, percent per annum rising or falling in Ghana?
- Over the last ten years it is down 49.4%. 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 Government securities: Treasury bills yields, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 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.