Ghana’s economy: growth, inflation, debt and interest rates
The latest checked official figures on Ghana’s economy: prices, growth, public debt and the cost of borrowing.
Updated November 5, 2026
This page gathers the latest figures on this topic, each checked against its official source, and every Alama Report story on it. It is updated as new data comes out.
Latest figures
- Consumer price inflation, on a year earlier
- 5.2% · September 2026
+0.2 pts from August 2026
Source: GSS, September 2026 CPI COICOP Annexes (xlsx), Annex 1 Headline CPI & Inflation - Real GDP growth, on a year earlier (quarterly)
- 6.0% · Q2 2026
Source: GSS, Statistical Newsletter: Gross Domestic Product, Second Quarter 2026 - Public debt, share of GDP
- 45.9% · July 2026
+1.2 pts from December 2025
Source: Bank of Ghana, MPC Press Release September 2026 - Bank of Ghana policy rate
- 14.0% · September 2026
Source: Bank of Ghana, MPC Press Release September 2026 - 91-day Treasury bill rate, monthly
- 5.38% · August 2026
−0.5 pts from July 2026
Source: Bank of Ghana, Summary of Economic and Financial Data, September 2026 - Cedis per US dollar (Bank of Ghana, end of month)
- 11.55 cedis per dollar · September 2026 (obs. September 18, 2026)
+2.7% from August 2026
Source: Bank of Ghana, Summary of Economic and Financial Data, September 2026 - Gross international reserves
- $11.1bn · August 2026
−21.8% from March 2026
Source: Bank of Ghana, Summary of Economic and Financial Data, September 2026
Figures checked against their source.
Our stories on this topic
- Bank of Ghana drains 9.4bn GHS through 14-day bills at 10.5% · November 5, 2026
- Ghana's cedi recovers 0.8% against dollar in October · November 5, 2026
- Ghana retains 15.4bn GHS quarterly borrowing plan, proposes bond buybacks · October 29, 2026