Ghana Deposit Rate
Deposit interest rate FR.INR.DPST
Ghana's deposit rate was 11.75% in 2025, ranked 11th globally. This represents a 2.9% increase from 2024. Data from World Bank, covering 1978–2025.
Overview
Ghana's deposit rate stood at 11.75% in 2025, a rise of +0.33pp from 2023. Based on recent trends, this figure is projected to reach 11.75% by 2025. Ghana ranked 11th globally.
Ghana’s deposit rate stands at 11.75 percent in 2025, placing the country eleventh in the world according to the World Bank, and it remains modestly above the rates of peers such as the Dominican Republic (11.64 percent) and Ukraine (12.04 percent). The current level follows a long‑term decline from an all‑time peak of 35.76 percent recorded in 1997, a period marked by high inflation and tight monetary policy, to a trough of 8.89 percent in 2006 when liberalisation measures lowered funding costs. Over the 46‑year coverage span, the rate has fluctuated but generally trended downward, reflecting Ghana’s gradual shift toward market‑driven interest rates and improved financial stability. If inflation pressures ease and the central bank continues to calibrate policy rates toward a neutral stance, the deposit rate is likely to remain within the low‑to‑mid‑teens, with any significant deviation contingent on external shocks or major fiscal adjustments.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 11.79% | - | - |
| 2025* trend | 11.75% | - | - |
| 2025 | 11.75% | +0.33pp | #11 |
| 2023 | 11.42% | −0.64pp | #84 |
| 2022 | 12.05% | +0.55pp | #94 |
| 2021 | 11.50% | +0.00pp | #106 |
| 2020 | 11.50% | +0.00pp | #109 |
| 2019 | 11.50% | −0.58pp | #113 |
| 2018 | 12.08% | −1.98pp | #114 |
| 2017 | 14.06% | +1.02pp | #131 |
| 2016 | 13.04% | −0.30pp | #131 |
| 2015 | 13.34% | +0.43pp | #132 |
| 2014 | 12.90% | +0.55pp | #135 |
| 2013 | 12.35% | +2.30pp | #135 |
| 2012 | 10.05% | +1.14pp | #121 |
| 2011 | 8.91% | −3.97pp | #118 |
| 2010 | 12.88% | −4.19pp | #135 |
Detected Pattern
Analysis
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Ghana's deposit rate was 11.75% in 2025. Ranked 11th globally. This represents a 2.9% increase from the previous year.
Ghana's deposit rate peaked at 35.76% in 1997.
The lowest deposit rate in Ghana was 8.89% in 2006.
Ghana ranks 11th globally in deposit rate as of 2025.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
Ghana's deposit rate is projected to reach 11.75% by 2025 based on trend extrapolation.
The deposit rate of Ghana in 2025 was 11.75%. This ranks 11th in the world.
Cite this page
@misc{historysaid_ghana_deposit-rate,
title = {Ghana Deposit Rate},
url = {https://historysaid.com/ghana/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}