5 Countries With Highest Interest Rates

In this piece, we will take a look at the five countries with the highest inflation rates. For more countries, head on over to 15 Countries With Highest Interest Rates.

5. Republic of Ghana

Interest rate as of November 2022: 27%

The Republic of Ghana is a Western African country that gained independence in 1857. The country’s economy was worth $186 billion in 2021, and its GDP per capita stood at $5,968. Like most other African countries, services also accounted for the largest share, with agriculture coming in at a second place. Additionally, the Republic of Ghana’s stock exchange is one of the largest exchanges in Africa. The country’s latest interest rate reading is 27%, but its inflation is also among the highest in the world as it sits at a painful 40% as of October 2022.