Latest economic figures for Ghana – November 2021

  1. Provisional GDP growth rate for Q2 2021 is 3.9%.
  2. Inflation as at October 2021 was 11%.
  3. Monetary policy rate is 14.5%.
  4. Interbank lending rate was 12.66% as at October 2021.
  5. Average lending rate was 20.34% as at October 2021.
  6. Total Exports as at October 2021 was US$12.21 billion. Gold Exports US$4.22 billion (34.56%). Cocoa Exports US$2.41 billion (19.74%). Oil Exports US$3.19 billion (26.13%).
  7. Total Imports as at October 2021 was US$11.17 billion. Oil imports was US$2.11 billion (18.89%).
  8. Trade surplus as at October 2021 was US$1.04 billion (1.5% of GDP).
  9. Current account deficit as at September 2021 was US$1.89 billion (2.6% of GDP).
  10. Budget deficit as at September 2021 was 7.7% of GDP.
  11. External debt as at September 2021 was GH¢163.7bn (37.2% of GDP).
  12. Domestic debt as at September 2021 was GH¢176.4bn (40.5% of GDP).
  13. Total Public debt as at September 2021 was GH¢341.8bn (77.8% of GDP).
  14. Non-Performing loans (of banks) as at October 2021 was 16.4%.
  15. Active mobile money accounts were 18.4 million as at October 2021.
  16. Market capitalisation of the GSE was GH¢64.3 billion as at October 2021.

Data Sources: Bank of Ghana, GSE, GSS

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