Money market Rate, Percent per annum in Ghana
Ghana: Money market Rate, Percent per annum was 23.11 in 2025. ▲ Rising
Money market Rate, Percent per annum in Ghana, 2003–2025
Source: International Monetary Fund.
Analysis
In 2025, money market rate, percent per annum in Ghana stood at 23.11.
The figure is down 19.0% on the previous year and down 4.3% over ten years.
Over the whole period, money market rate, percent per annum in Ghana peaked at 28.53 in 2024 and was at its lowest, 10.57, in 2006.
That places Ghana 2nd out of 94 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Money market Rate, Percent per annum in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 24.71 | — |
| 2004 | 15.73 | -36.3% |
| 2005 | 14.7 | -6.6% |
| 2006 | 10.57 | -28.1% |
| 2007 | 12 | +13.5% |
| 2008 | 15.64 | +30.4% |
| 2009 | 21.5 | +37.4% |
| 2010 | 13.56 | -36.9% |
| 2011 | 10.71 | -21.0% |
| 2012 | 14.48 | +35.3% |
| 2013 | 17.57 | +21.3% |
| 2014 | 21.81 | +24.2% |
| 2015 | 24.16 | +10.7% |
| 2016 | 25.43 | +5.3% |
| 2017 | 22.39 | -12.0% |
| 2018 | 16.98 | -24.1% |
| 2019 | 15.31 | -9.8% |
| 2020 | 14.19 | -7.3% |
| 2021 | 13.05 | -8.1% |
| 2022 | 20.07 | +53.8% |
| 2023 | 27.49 | +37.0% |
| 2024 | 28.53 | +3.8% |
| 2025 | 23.11 | -19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.41 | 10.57 | 24.71 | 7 |
| 2010s | 18.24 | 10.71 | 25.43 | 10 |
| 2020s | 21.07 | 13.05 | 28.53 | 6 |
Countries ranked near Ghana
- 1 Argentina 40.13 compare
- 3 Congo, Democratic Republic of the 22.58 compare
- 4 Angola 19.62 compare
- 5 Tajikistan 17.98 compare
More financial sector data for Ghana
- 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)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- 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)
Frequently asked questions
- What is money market rate, percent per annum in Ghana?
- Money market rate, percent per annum in Ghana was 23.11 in 2025, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Ghana?
- The highest recorded value was 28.53 in 2024.
- What is the lowest money market rate, percent per annum recorded in Ghana?
- The lowest recorded value was 10.57 in 2006.
- How does Ghana rank for money market rate, percent per annum?
- Ghana ranks 2nd out of 94 countries with data for 2025.
- Is money market rate, percent per annum rising or falling in Ghana?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.
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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.