Latest economic figures for Ghana

  1. GDP growth rate is 2.5% as at Q2 2016.
  2. Inflation for October 2016 is 15.8%.
  3. Monetary policy rate is 25.5%.
  4. Interbank lending rate 25.5% as at October 2016.
  5. Average lending rate is 32.1% as at October 2016.
  6. Total Exports as at October 2016 is $8,741.5m. Gold $3,876.1 (44.34%). Cocoa $1,858.9m (21.27%). Oil $1,009.4m (11.54%)
  7. Total Imports as at October 2016 $10,884.4m. Oil $1,376.4m (12.65%).
  8. Deficit is 5% of GDP as at July 2016.
  9. External debt as at September 2016 is GH¢65bn (39% of GDP).
  10. Domestic debt as at September 2016 is GH¢47.4bn (28.4% of GDP).
  11. Non-Performing loans (of banks) as at September 2016 is 19%.

Data: BoG

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Jerome Kuseh

Accountant | Economist-in-Training | Private Investor
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