The Bank of Ghana has been commended for making economic data more accessible through its new Database Portal.
The Central Bank on Monday, February 5, 2024, announced to the general public the launch of the Beta Version of the Bank of Ghana Database Portal, aimed at providing a single environment for extracting and visualizing macroeconomic data.
This is in line with international best practices and the Central Bank’s commitment to greater transparency associated with its inflation-targeting framework of monetary policy.
The portal will also help meet data request demands from the general public and support research work.
The data is organised along five main Economic Sectors as follows:
§ External Sector
§ Financial Sector
§ Fiscal Sector
§ Monetary Sector
§ Real Sector and Survey Based Indicators
The macroeconomic data is made up of 255 monthly and 86 quarterly time series data sourced from the BoG and other key stakeholder institutions.
The data updates and revisions will be done according to the Data Release Calendar as published on the portal.
Economist and Political Risk Analyst, Dr Theo Acheampong, commenting on his X platform, said “A big kudos to the Bank of Ghana for making economic data even more accessible through the new Bank of Ghana Database Portal, available at https://app.datawarehousepro.com/go/bog. I’ve had a chance to play around with the portal, and it is fantastic. Some of the data points that hitherto I had to dig through countless PDF reports published by them are now easily downloadable for further analysis and research. The central bank, the Ghana Statistical Service, and the Ministry of Finance have improved tremendously over the past few years in making data more accessible. Long may this continue.”