The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has commended the Ghana Statistical Service (GSS) for the launch of the maiden edition of “Ghana in Numbers 2025”, describing it as a significant national resource for evidence-based decision making.
Speaking at the launch at Alisa Hotel, North Ridge, Accra, today, Dr. Asiama said the report makes official statistics more accessible to policymakers, businesses, researchers and the public.
Data Is Foundation of Monetary Policy
The Governor stressed that effective monetary policy depends fundamentally on quality data.
“At the Bank of Ghana, we recognise that effective monetary policy and financial-sector regulation depend fundamentally on the quality of the data available to us. As an inflation-targeting central bank, our decisions are both forward-looking and data-driven,” he said.
He welcomed the inclusion of a dedicated monetary and financial-sector section in the report, drawing on Bank of Ghana data on inflation, interest rates, credit, foreign reserves and banking conditions.
Calls For Electronic Data Portal
Dr. Asiama urged the GSS to go a step further by making the underlying data available through a dedicated electronic portal in accessible, machine-readable formats.
“Such a platform would enable researchers, academia, policymakers and other users to apply artificial intelligence, machine learning and advanced analytical tools to explore the data more deeply and uncover patterns, interrelationships and correlations,” he said.
He disclosed that the Bank of Ghana is advancing its own capacity through the establishment of a Data Analytics and Artificial Intelligence Department and is developing a directive to regulate the use of Artificial Intelligence (AI) in the financial sector to promote innovation while addressing emerging risks.
Inflation In Single Digits For 13 Months, Lending Rate Drops Sharply
On macroeconomic stability, Dr. Asiama said recent gains are evident.
“Inflation is low and has been in single digits for 13 consecutive months, the exchange rate is relatively stable notwithstanding the external headwinds, and banking sector resilience has improved significantly,” he stated.
He revealed that average lending rates have declined from 30.25 per cent in December 2024 to 15.78 per cent in September 2026, while growth in real private sector credit strengthened from 0.20 per cent in December 2024 to 26.42 per cent in September 2026.
Youth Focus
The Governor noted that the theme for the maiden edition, “Youth and the Demographic Transition”, is critical, saying Ghana’s large youth population presents a source of innovation and entrepreneurship that must be supported with skills, enterprise development, finance and a stable macroeconomic environment.
“In conclusion, as we launch this maiden edition, let us see Ghana in Numbers not merely as a statistical publication, but as a national resource for understanding our circumstances, evaluating our progress and making better decisions about our collective future,” Dr. Asiama said.
