Ghana policy interest rate
Bank of Ghana Monetary Policy Rate (MPR), set by the bimonthly Monetary Policy Committee; effective on announcement day.
| Current value | 14 percent |
|---|---|
| In force from | 2026-03-18 |
| Official source | Bank of Ghana — MPC press release, May 2026 (130th MPC; 14.0% set at the 129th MPC, 18 Mar 2026) |
| Last verified | 2026-07-15 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Set at the 129th MPC (-150bps, 5-1 vote) and reaffirmed unanimously at the 130th MPC (20 May 2026) after five consecutive cuts totalling 1,400bps as inflation fell from 23.8% (Dec 2024) to 3.4% (Apr 2026). NEXT DECISION: 131st MPC meets 20-22 July 2026, announcement 22 July — re-verify then.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-01-27 | 27 | Bank of Ghana — 122nd MPC press statement (rate carried from |
| 2025-03-28 | 28 | Bank of Ghana — 123rd MPC press statement (held at 124th and |
| 2025-07-30 | 25 | Bank of Ghana — 125th MPC press release |
| 2025-09-17 | 21.5 | Bank of Ghana — 126th MPC press release |
| 2025-11-26 | 18 | Bank of Ghana — 127th MPC press release |
| 2026-01-28 | 15.5 | Bank of Ghana — 128th MPC press release |
Get it programmatically
curl https://afriref.dev/v1/gh/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/gh/policy-rate/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/gh/policy-rateOther Ghana series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates