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Average-lending-rate




Average lending rate stood at 15.9% as of August 2026

Average lending rate falls significantly to 19.7% in February 2026, but remains high

Average lending rate eases slightly to 31.10%

Average lending rate eases to 31.25% in April 2024 – BoG

Average lending rate narrows to 32.77% in February 2024 – BoG

Average lending rate ends 2023 at 33.75%  – BoG

Ghana maintains position with highest interest rates in Africa in 2023

Average lending rate surges to 32.69% – BoG

Average lending rate remains within 31% bracket

Policy rate hits 27%; loans to become more expensive

Average lending rate hits 31.40% in October 2022 – BoG

Average lending rate of banks surges to 24.2% in half-year 2022

Average lending rate continues to remain in 20% range – BoG

Average lending rate fall 2.59% to 21.10% since December 2019

Average lending rates fall to 21.26% – BoG

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