Contact Contacts
Broad money (% of GDP) — all countries

Broad money (% of GDP) — Ghana

Broad money (% of GDP) in Ghana in 2024 — 29.88%. Ranked 100 in the world out of 115. Since 1960, the indicator has risen by 11.48 pp.

2024 29.88% −0.06 pp vs 2023
World rank 100of 115
Period maximum 34.11%2002
Period minimum 11.3%1983

Trend over time

1960–2024 · % of GDP

Broad money (% of GDP) — Ghana, 1960–202401020304019601967197419811988199520022009201620231960: 18.4%1962: 20.3%1964: 23.85%1966: 20.77%1968: 20.69%1970: 18.91%1972: 23.72%1974: 21.57%1976: 29.11%1978: 24.46%1980: 18.55%1982: 17.16%1984: 11.81%1986: 13.51%1988: 14.75%1990: 14.14%1992: 20.53%1994: 22.51%1996: 20.6%1998: 22.86%2000: 28.17%2002: 34.11%2004: 32.72%2006: 22.77%2008: 27.46%2010: 29.62%2012: 30.36%2014: 23.64%2016: 26.28%2018: 25.13%2020: 30.82%2022: 31.49%2024: 29.88%
Change over the period: +11.48 pp Annual average: 0.18 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Ghana

Ghana 29.88%
World 136.11%
Western Africa computed 34.78%
Broad money (% of GDP) — Ghana, by year Ghana All countries CSV XLSX
Year % Change, pp
2024 29.88 −0.06 pp
2023 29.94 −1.55 pp
2022 31.49 −0.25 pp
2021 31.73 +0.92 pp
2020 30.82 +4.43 pp
2019 26.39 +1.26 pp
2018 25.13 −0.36 pp
2017 25.49 −0.79 pp
2016 26.28 +0.61 pp
2015 25.67 +2.03 pp
2014 23.64 +1.69 pp
2013 21.95 −8.41 pp
2012 30.36 −0.19 pp
2011 30.55 +0.93 pp
2010 29.62 +1.37 pp
2009 28.25 +0.79 pp
2008 27.46 +1.74 pp
2007 25.72 +2.95 pp
2006 22.77 −9.34 pp
2005 32.11 −0.61 pp
2004 32.72 +1.68 pp
2003 31.05 −3.06 pp
2002 34.11 +2.66 pp
2001 31.45 +3.28 pp
2000 28.17 +4.07 pp
1999 24.09 +1.24 pp
1998 22.86 −0.98 pp
1997 23.84 +3.25 pp
1996 20.6 −1.05 pp
1995 21.64 −0.87 pp
1994 22.51 +2.68 pp
1993 19.84 −0.69 pp
1992 20.53 +4.96 pp
1991 15.56 +1.42 pp
1990 14.14 −2.77 pp
1989 16.92 +2.17 pp
1988 14.75 +0.54 pp
1987 14.21 +0.69 pp
1986 13.51 −0.1 pp
1985 13.62 +1.81 pp
1984 11.81 +0.51 pp
1983 11.3 −5.86 pp
1982 17.16 +0.6 pp
1981 16.57 −1.99 pp
1980 18.55 −2.5 pp
1979 21.05 −3.4 pp
1978 24.46 −2.83 pp
1977 27.28 −1.83 pp
1976 29.11 +2.88 pp
1975 26.24 +4.67 pp
1974 21.57 −1.1 pp
1973 22.67 −1.05 pp
1972 23.72 +4.73 pp
1971 18.99 +0.08 pp
1970 18.91 −0.51 pp
1969 19.41 −1.28 pp
1968 20.69 −0.53 pp
1967 21.22 +0.45 pp
1966 20.77 +0.27 pp
1965 20.5 −3.35 pp
1964 23.85 +4.31 pp
1963 19.55 −0.76 pp
1962 20.3 +1.59 pp
1961 18.71 +0.31 pp
1960 18.4 —

Western Africa, 2024

The same indicator for neighboring countries — with links to their pages

CV Cabo Verde 93.26 SN Senegal 52.32 GM Gambia 46.88 TG Togo 46.84 BF Burkina Faso 42.29 GW Guinea-Bissau 39.39 CI Côte d'Ivoire 37.52 GN Guinea 30.1 GH Ghana 29.88 ML Mali 29.67 BJ Benin 28.13 LR Liberia 27.04 SL Sierra Leone 20.33 NE Niger 16.49
Full table for all countries

About the indicator

Broad money, an aggregate close to M2/M3, as a percent of GDP: currency outside banks, demand deposits, time and savings deposits and, in a number of countries, short-term securities. The ratio to GDP is conventionally read as a measure of monetization and of the depth of the financial system, not as an indicator of inflationary pressure.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Ghana

Finance Credit to the private sector

The volume of bank lending to businesses and households as a percent of GDP.

Ghana by year Economy Consumer price inflation

The annual change in the consumer price index, in percent.

Ghana by year Business Stock market capitalization (% of GDP)

The value of a country's listed companies as a percent of GDP.

Ghana by year Finance Current account balance

The balance of a country's external transactions as a percent of GDP: surplus or deficit.

Ghana by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Ghana by year
All indicators for Ghana