What does a score of 59.5 mean for Ghana?

59.5/100, band 50–65: some of the discipline holds and some of it slips, which is what the middle looks like. That is 9.5 points above the 50 mid-point of the scale. Seven weighted dimensions produce the figure and no analyst adjusts it afterwards. Nothing in it is a forecast — it grades what Ghana's central bank has already done, said and delivered.

How often is Ghana's score updated?

Nightly, off that day's public releases; this page carries the 2026-09-08 run. There is no reading from seven days ago to set this one against. A 90-day trailing average damps single prints, so a weekly move past a couple of points is a real one. Tomorrow's run replaces the 2026-09-08 figure outright rather than revising it in place.

What is the 50–65 credibility band?

Five bands cut the scale — ≥ 80, 65–80, 50–65, 35–50, < 35 — and 50–65 is step 3. Ghana clears its 50 floor by 9.5 and stops 5.5 short of 65. The step above is 65–80 and the step below is 35–50. Bands grade monetary behaviour, not default risk, so none of this is a credit rating.

Country

Ghana GHA

BOG

Sub-Saharan Africa

59.5

composite credibility

band 50–65

score date 2026-09-08

Ghana sovereign credibility, in brief

Ghana scores 59.5 out of 100 on the composite sovereign credibility index — credibility band 50–65. That ranks it 4 of 44 in Sub-Saharan Africa, the 93rd percentile of the region. CPI 5.3% vs 8.0% target (-2.7pp) — well below target | credibility under pressure (60/100).

As of 2026-09-08 · scored daily from public data under methodology v6

Regional standing

Rank 4/44 in Sub-Saharan Africa · 93rd percentile

In one line

CPI 5.3% vs 8.0% target (-2.7pp) — well below target | credibility under pressure (60/100)

Ghana's regional peers

Browse all of Sub-Saharan Africa →

Ghana holds #39 on the headline ranking, against 43 others we score in Sub-Saharan Africa. None of them reach a stronger band than Ghana; 18 sit in a weaker one. Their split: 25 in 50–65, 11 in 35–50, 7 in < 35. Uganda tops them at #22; Sudan closes them at #154. Closest either side of Ghana: Uganda at #22 and Tanzania at #48. 11 of the 43 are monitored rather than ranked — the dashes below. Mid-table is where the ranking moves most: a couple of points reshuffles several places. Without a week-earlier reading there is no direction to set against the table yet. Same seven dimensions, same sources, same day.

Rank	Country	Credibility band
22	Uganda	50–65
48	Tanzania	50–65
52	Kenya	50–65
56	Cabo Verde	50–65
58	Liberia	50–65
59	South Africa	50–65
77	Eswatini	50–65
80	Guinea	50–65
87	Mauritius	50–65
100	Gambia, The	50–65
102	Congo, Rep.	50–65
105	Namibia	50–65
106	Cameroon	50–65
109	Gabon	50–65
111	Zambia	50–65
112	Eritrea	50–65
118	Botswana	35–50
122	Madagascar	35–50
123	Lesotho	35–50
126	Zimbabwe	35–50
129	Nigeria	35–50
131	Burundi	35–50
132	Mauritania	35–50
133	Angola	35–50
134	Congo, Dem. Rep.	35–50
140	Rwanda	35–50
141	Mozambique	< 35
142	Ethiopia	< 35
144	Sierra Leone	< 35
146	Malawi	< 35
149	South Sudan	< 35
154	Sudan	< 35
—	Benin	50–65
—	Burkina Faso	50–65
—	Central African Republic	50–65
—	Chad	50–65
—	Cote d'Ivoire	50–65
—	Equatorial Guinea	35–50
—	Mali	50–65
—	Niger	50–65
—	Senegal	50–65
—	Somalia, Fed. Rep.	< 35
—	Togo	50–65

Rank is the position in the full cross-country ranking, not within Sub-Saharan Africa. 32 of these 43 carry one. Composite scores are part of a subscription.

Questions about the Ghana score

What does a score of 59.5 mean for Ghana?: 59.5/100, band 50–65: some of the discipline holds and some of it slips, which is what the middle looks like. That is 9.5 points above the 50 mid-point of the scale. Seven weighted dimensions produce the figure and no analyst adjusts it afterwards. Nothing in it is a forecast — it grades what Ghana's central bank has already done, said and delivered.
How often is Ghana's score updated?: Nightly, off that day's public releases; this page carries the 2026-09-08 run. There is no reading from seven days ago to set this one against. A 90-day trailing average damps single prints, so a weekly move past a couple of points is a real one. Tomorrow's run replaces the 2026-09-08 figure outright rather than revising it in place.
What is the 50–65 credibility band?: Five bands cut the scale — ≥ 80, 65–80, 50–65, 35–50, < 35 — and 50–65 is step 3. Ghana clears its 50 floor by 9.5 and stops 5.5 short of 65. The step above is 65–80 and the step below is 35–50. Bands grade monetary behaviour, not default risk, so none of this is a credit rating.

In the full profile

Seven-dimension breakdown · Executive summary · 90-day trend · Macro indicators · Peer comparisons

Every figure is recomputed daily from public data, with the source and as-of date shown for each one.

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