Economy · Africa ranking
Central Bank Policy Rate by African country
Nigeria has the highest central bank policy rate of any African country, at 26.5% — 1.9× Ghana's 14%.
The central bank's headline monetary policy rate. 22 of 54 countries, ranked · CBN NG SIGNALS, 2026-07-01.
Latest available year varies by country (2025–2026). Only observations within 2 years of the freshest result are included, and each row shows its period.
Nigeria
Ghana
KenyaBy region
Full ranking
| # | Country | Central Bank Policy Rate | |
|---|---|---|---|
| 1 | Nigeria | 26.5% | |
| 2 | Ghana | 14% | |
| 3 | Kenya | 8.8% | |
| 4 | South Africa | 7% | |
| 5 | Tunisia | 7% | |
| 6 | Namibia | 6.8% | |
| 7 | Tanzania | 6.3% | |
| 8 | Cameroon | 4.5% | |
| 9 | Central African Republic | 4.5% | |
| 10 | Chad | 4.5% | |
| 11 | Equatorial Guinea | 4.5% | |
| 12 | Gabon | 4.5% | |
| 13 | Republic of the Congo | 4.5% | |
| 14 | Benin | 3% | |
| 15 | Burkina Faso | 3% | |
| 16 | Cote d'Ivoire | 3% | |
| 17 | Guinea-Bissau | 3% | |
| 18 | Mali | 3% | |
| 19 | Niger | 3% | |
| 20 | Senegal | 3% | |
| 21 | Togo | 3% | |
| 22 | Morocco | 2.3% |
South Africa
Tunisia
Namibia
Tanzania
Cameroon
Central African Republic
Chad
Equatorial Guinea
Gabon
Republic of the Congo
Benin
Burkina Faso
Cote d'Ivoire
Guinea-Bissau
Mali
Niger
Senegal
Togo
MoroccoGet this ranking via API
One call to /v1/data returns the latest Central Bank Policy Rate figure for every country you pass — JSON, with source metadata on each observation.
curl "https://api.africa-api.com/v1/data?metric_key=policy_rate_pct&latest=true&country_codes=NG,KE,ZA,EG" \
-H "Authorization: Bearer $AFRICA_API_KEY"Cite or republish this ranking
Data: Africa API — CBN NG SIGNALS, 2026-07-01. Free to republish with a link to this page. Pull the live figures via the API above so your version never goes stale.
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Frequently asked questions
Which African country has the highest central bank policy rate?
Nigeria has the highest central bank policy rate in Africa at 26.5% (2026-07-01), followed by Ghana and Kenya.
Which African country has the lowest central bank policy rate?
Morocco has the lowest central bank policy rate of the 22 African countries with data, at 2.3% (2026-03-19).
How many African countries report Central Bank Policy Rate data?
22 of 54 African countries have a Central Bank Policy Rate figure in the Africa API, each from the latest year available for that country (which can differ between countries, here 2025–2026). Every value links to its full series with source and history.
How do I get this ranking via API?
Call GET /v1/data?metric_key=policy_rate_pct&latest=true with the country codes you need and a free Africa API key — the response returns the latest value per country as JSON.
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