Ghana Short Term Interest Rate

1996 - 2025 | Monthly | % pa | CEIC Data

Key information about Ghana Short Term Interest Rate

  • Ghana Short Term Interest Rate: Month Avg: Ghana: Treasury Bills Rate: 91 Days was reported at 11.09 % pa in Dec 2025, compared with 10.98 % pa in the previous month.
  • Ghana Short Term Interest Rate data is updated monthly, available from Aug 1996 to Dec 2025.
  • The data reached an all-time high of 47.93 % pa in Nov 1997 and a record low of 9.13 % pa in Oct 2011.
  • Short Term Interest Rate is reported by reported by CEIC Data.

The Bank of Ghana provides monthly average 91 days Trasury Bills Rate.


Related information about Ghana Short Term Interest Rate

  • In the latest reports, Ghana Long Term Interest Rate: Month Avg: Ghana: Government Bond Yield: 10 Years was reported at 29.85 % pa in Nov 2024.
  • The cash rate (Policy Rate: Month End: Ghana) was set at 25.00 % pa in Nov 2025.
  • Ghana Exchange Rate against USD averaged 10.79 (USD/GHS) in Jan 2026.

View Ghana's Short Term Interest Rate from Aug 1996 to Dec 2025 in the chart:

Ghana Short Term Interest Rate

What was Ghana's Short Term Interest Rate in Dec 2025?

Ghana Short Term Interest Rate: Month Avg: Ghana: Treasury Bills Rate: 91 Days was reported at 11.09 % pa in Dec 2025, compared with 10.98 % pa in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
11.09 Dec 2025 10.98 Nov 2025 9.13 Oct 2011 47.93 Nov 1997 % pa monthly Aug 1996 - Dec 2025

Short Term Interest Rate by Country Comparison

country/region Last Frequency Range
Albania (% pa) 2.60 May 2025 monthly Jan 2002 - May 2025
Algeria (% pa) 1.89 Dec 2025 monthly Jan 2002 - Dec 2025
Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
Australia (% pa) 3.85 Jan 2026 monthly Jun 1969 - Jan 2026
Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Azerbaijan (% pa) 10.50 Apr 2025 monthly Dec 2002 - Apr 2025
Bahrain (% pa) 3.82 Dec 2025 quarterly Jun 2003 - Dec 2025
Bangladesh (% pa) 9.46 Oct 2025 monthly Sep 2003 - Oct 2025
Belarus (% pa) 7.00 Dec 2025 monthly Apr 2003 - Dec 2025
Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Bolivia (% pa) 7.33 Dec 2025 monthly Jan 1998 - Dec 2025
Botswana (% pa) 7.83 Nov 2025 monthly Jan 2003 - Nov 2025
Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
Cambodia (% pa) 0.50 Dec 2025 monthly Dec 2016 - Dec 2025
Canada (% pa) 2.19 Jan 2026 monthly Jan 1993 - Jan 2026
China (% pa) 1.59 Jan 2026 monthly Oct 2006 - Jan 2026
Colombia (% pa) 8.67 Oct 2025 monthly Jan 1986 - Oct 2025
Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Czech Republic (% pa) 3.46 Jan 2026 monthly Apr 1992 - Jan 2026
Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
Ecuador (% pa) 2.71 Nov 2025 monthly Apr 2000 - Nov 2025
Egypt (% pa) 20.48 Jan 2026 monthly Jan 2001 - Jan 2026
Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Georgia (% pa) 8.02 Jan 2026 monthly Feb 2008 - Jan 2026
Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Ghana (% pa) 11.09 Dec 2025 monthly Aug 1996 - Dec 2025
Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Hong Kong SAR, China (% pa) 2.83 Jan 2026 monthly Jul 1996 - Jan 2026
Hungary (% pa) 6.38 Jan 2026 monthly Aug 1996 - Jan 2026
Iceland (% pa) 7.58 Jan 2026 monthly Aug 1998 - Jan 2026
India (% pa) 6.12 Oct 2025 monthly Sep 2015 - Oct 2025
Indonesia (% pa) 5.46 Nov 2025 monthly Dec 1995 - Nov 2025
Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
Israel (% pa) 4.44 Jun 2025 monthly Mar 2007 - Jun 2025
Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Japan (% pa) 0.81 Nov 2025 monthly Jan 1997 - Nov 2025
Jordan (% pa) 6.25 Jan 2026 monthly Aug 2005 - Jan 2026
Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
Kenya (% pa) 7.78 Dec 2025 monthly Jul 1991 - Dec 2025
South Korea (% pa) 2.73 Jan 2026 monthly Jul 2004 - Jan 2026
Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Kuwait (% pa) 3.56 Jan 2026 monthly Nov 2001 - Jan 2026
Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Lebanon (% pa) 18.65 Nov 2025 monthly Mar 1972 - Nov 2025
Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Macau SAR, China (% pa) 3.13 Nov 2025 monthly Jun 1988 - Nov 2025
North Macedonia (% pa) 4.51 May 2025 monthly Jul 2007 - May 2025
Malawi (% pa) 16.00 Nov 2025 monthly Jan 1983 - Nov 2025
Malaysia (% pa) 3.23 Jan 2026 monthly Jan 1988 - Jan 2026
Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Mauritius (% pa) 4.16 Dec 2025 monthly Apr 1998 - Dec 2025
Mexico (% pa) 7.34 Jan 2026 monthly Jan 1997 - Jan 2026
Moldova (% pa) 9.33 Jan 2026 monthly Dec 2005 - Jan 2026
Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Morocco (% pa) 2.26 Jan 2026 monthly Jan 1995 - Jan 2026
Mozambique (% pa) 11.97 Dec 2025 monthly Nov 2005 - Dec 2025
Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
Nepal (% pa) 2.35 Jan 2026 monthly Feb 1993 - Jan 2026
Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
New Zealand (% pa) 2.45 Nov 2025 monthly Jan 1985 - Nov 2025
Nigeria (% pa) 24.16 Dec 2025 monthly Jan 2010 - Dec 2025
Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
Oman (% pa) 0.00 Oct 2025 monthly Jan 2004 - Oct 2025
Pakistan (% pa) 11.17 Oct 2025 monthly Nov 2004 - Oct 2025
Panama (% pa) 4.02 Jan 2026 monthly Jan 2006 - Jan 2026
Philippines (% pa) 4.72 Jan 2026 monthly Jan 1975 - Jan 2026
Poland (% pa) 3.90 Jan 2026 monthly Jan 1999 - Jan 2026
Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Qatar (% pa) 4.04 Dec 2025 monthly Jul 2004 - Dec 2025
Romania (% pa) 5.87 Jan 2026 monthly Aug 1995 - Jan 2026
Russia (% pa) 16.65 Oct 2025 monthly Aug 2000 - Oct 2025
Saudi Arabia (% pa) 4.89 Dec 2025 monthly Jan 2007 - Dec 2025
Serbia (% pa) 4.68 Jan 2026 monthly Aug 2005 - Jan 2026
Singapore (% pa) 3.30 Nov 2024 monthly Oct 1995 - Nov 2024
Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
South Africa (% pa) 6.71 Jan 2026 monthly Dec 1980 - Jan 2026
Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
Switzerland (% pa) -0.04 Jan 2026 monthly Jul 1999 - Jan 2026
Taiwan, China (% pa) 1.68 Jan 2026 monthly Oct 2005 - Jan 2026
Thailand (% pa) 1.63 Nov 2025 monthly Jan 2005 - Nov 2025
Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
Ukraine (% pa) 4.03 Apr 2025 monthly Jan 2006 - Apr 2025
United Arab Emirates (% pa) 3.58 Jan 2026 monthly Oct 2009 - Jan 2026
United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
United States (% pa) 3.58 Jan 2026 monthly Jan 1954 - Jan 2026
Uruguay (% pa) 5.90 Feb 2026 monthly Sep 2002 - Feb 2026
Venezuela (% pa) 1.53 Nov 2025 monthly Jan 1998 - Nov 2025
Vietnam (% pa) 7.19 Jan 2026 monthly Jul 2004 - Jan 2026
Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
Zambia (% pa) 11.50 Oct 2025 monthly Jan 2006 - Oct 2025

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Ghana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.5 Jun 2025 quarterly Dec 2008 - Jun 2025
Consolidated Fiscal Balance (USD mn) -386.239 Jul 2025 monthly Jan 2008 - Jul 2025
Tax Revenue (USD mn) 1,324.882 Jul 2025 monthly Jan 2008 - Jul 2025
Tax Revenue: % of GDP (%) 15.1 Jun 2025 quarterly Mar 2008 - Jun 2025
Government Debt: % of GDP (%) 61.8 2024 yearly 2006 - 2024
Forecast: Government Expenditure (GHS bn) 515.173 2030 yearly 1980 - 2030
Forecast: Government Net Debt (GHS bn) 1,249.811 2030 yearly 1990 - 2030
Forecast: Government Revenue (GHS bn) 449.164 2030 yearly 1982 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.394 2028 yearly 1980 - 2028
Trade Balance (USD mn) 3,890.0 Dec 2025 monthly Mar 2005 - Dec 2025
Total Exports (USD mn) 5,139.0 Dec 2025 monthly Jan 2010 - Dec 2025
Total Exports Growth (%) 225.0 Dec 2025 monthly Jan 2011 - Dec 2025
Aluminum: Exports (USD th) 89,599.170 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 14,051.656 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 627.649 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,249.0 Dec 2025 monthly Mar 2005 - Dec 2025
Total Imports Growth (%) -1.4 Dec 2025 monthly Mar 2006 - Dec 2025
Imports: Medicament (USD th) 219,248.874 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 133,353.690 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 16.738 Oct 2025 monthly Feb 1985 - Oct 2025
Total Imports from USA (USD mn) 111.440 Oct 2025 monthly Jun 1995 - Oct 2025
Total Exports to China (USD mn) 161.225 Oct 2025 monthly May 1995 - Oct 2025
Total Imports from China (USD mn) 399.766 Oct 2025 monthly Jun 1986 - Oct 2025
Export Volume Index (2015=100) 97.296 2021 yearly 1980 - 2021
Export Value Index (2015=100) 142.693 2021 yearly 1980 - 2021
Import Value Index (2015=100) 101.215 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 84.815 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -13.3 Sep 2025 quarterly Mar 2011 - Sep 2025
Current Account Balance (USD mn) 5,247.1 Dec 2025 quarterly Mar 2003 - Dec 2025
Current Account Balance: % of GDP (%) 0.8 Sep 2025 quarterly Mar 2006 - Sep 2025
Foreign Direct Investment (USD mn) 554.1 Sep 2025 quarterly Mar 2011 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.8 Sep 2025 quarterly Mar 2011 - Sep 2025
Foreign Portfolio Investment (USD mn) -61.216 Jun 2025 quarterly Mar 2011 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) -0.2 Sep 2025 quarterly Mar 2011 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -53.3 2024 yearly 1975 - 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -49.184 Jun 2025 quarterly Mar 2011 - Jun 2025
External Debt (USD mn) 29,218.9 Sep 2025 monthly Jan 2012 - Sep 2025
External Debt: % of GDP (%) 34.4 2024 yearly 1999 - 2024
Forecast: Current Account Balance (USD bn) -0.103 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -27,118.991 2024 yearly 2006 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 18.9 Dec 2025 monthly Dec 2005 - Dec 2025
Non-Performing Loans (USD mn) 2,008.748 Jun 2025 quarterly Mar 2008 - Jun 2025
Money Supply M1 (USD mn) 14,789.477 Sep 2025 quarterly Mar 1990 - Sep 2025
Money Supply M2 (USD mn) 25,721.726 Jun 2025 quarterly Mar 1990 - Jun 2025
M2 Growth (%) 30.3 Jun 2025 quarterly Mar 1991 - Jun 2025
Foreign Exchange Reserves (USD mn) 5,361.8 Oct 2025 monthly Jan 1965 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 5.520 Sep 2025 quarterly Dec 2006 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 3.0 Oct 2025 monthly Mar 2005 - Oct 2025
Gold Reserves (Metric Ton) 1,000.000 2025 yearly 2008 - 2025
Total Deposits (USD mn) 30,675.753 Dec 2025 monthly Jan 1999 - Dec 2025
Total Deposits Growth (%) 8.5 Oct 2025 monthly Jan 2000 - Oct 2025
Domestic Credit (USD mn) 22,480.6 May 2025 monthly Jan 1967 - May 2025
Domestic Credit Growth (%) -9.1 May 2025 monthly Jan 1968 - May 2025
Total Loans (USD mn) 10,619.399 Dec 2025 monthly Jan 1999 - Dec 2025
Total Loans Growth (%) 16.15 Dec 2025 monthly Jan 2000 - Dec 2025
Private Debt: % of Nominal GDP (%) 6.78 Mar 2025 quarterly Dec 2006 - Mar 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 11.5 Dec 2025 monthly Dec 2013 - Dec 2025

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