Makrognosis

Ghana Monetary Policy Rate (Bank of MPC), calendar-month average of the official rate in force

MonthlyNot seasonally adjustedCode GH.IR.M.NSA

Latest14.0%October 2026
Previous14.0%September 2026
Year ago18.0%October 2025

Ghana Monetary Policy Rate (Bank of MPC), calendar-month average of the official rate in force was 14.0% in October 2026, unchanged from September 2026 and down 4.0 percentage points from a year earlier.

Over the past ten years it has ranged from 13.5% (Jun 2021) to 30.0% (Aug 2023), averaging 20.4%.

Ghana Monetary Policy Rate (Bank of MPC), calendar-month average of the official rate in force (% p.a.), Nov 2002 – Oct 202610%15%20%25%30%20052010201520202025Robomacro
Ghana Monetary Policy Rate (Bank of MPC), calendar-month average of the official rate in force (% p.a.), Nov 2002 – Oct 2026. Source: Bank of Ghana.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
October 202614.0%
September 202614.0%
August 202614.0%
July 202614.0%
June 202614.0%
May 202614.0%
April 202614.0%
March 202614.8%
February 202615.5%
January 202617.7%
December 202518.0%
November 202518.0%
October 202518.0%
September 202521.9%
August 202525.0%
July 202527.8%
June 202528.0%
May 202528.0%
April 202528.0%
March 202527.1%
February 202527.0%
January 202527.0%
December 202427.0%
November 202427.0%

Last 24 observations. The full history (288 observations) is available through the API.

Get Ghana Monetary Policy Rate (Bank of MPC), calendar-month average of the official rate in force in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/GH.IR.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/GH.IR.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationNovember 2002
Observations288
FrequencyMonthly
Units% p.a.
AdjustmentNot seasonally adjusted
10-year high30.0% (Aug 2023)
10-year low13.5% (Jun 2021)
10-year average20.4%
Source agencyBank of Ghana
Makrognosis codeGH.IR.M.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Other Ghana indicators

Ghana Credit Rating & Sovereign Risk ScoreGhana Government Debt to GDPGhana Central-government gross debt (MoFEP, USD million)

FAQ

What is the current monetary Policy Rate (Bank of MPC), calendar-month average of the official rate in force in Ghana?
The latest reading is 14.0% for October 2026, published by Bank of Ghana.
Where does this data come from?
It is collected directly from Bank of Ghana and is available through the Makrognosis API under the code GH.IR.M.NSA.

Last updated 2026-11-12. Source: Bank of Ghana. Original title: “Ghana Monetary Policy Rate (Bank of Ghana MPC), calendar-month average of the official rate in force”.