Ghana - Broad money

Broad money (current LCU)

The value for Broad money (current LCU) in Ghana was 13,637,300,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 13,637,300,000 in 2010 and a minimum value of 15,990 in 1960.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1960 15,990
1961 17,400
1962 20,040
1963 21,500
1964 29,480
1965 30,050
1966 31,530
1967 31,919
1968 35,173
1969 38,847
1970 42,713
1971 47,465
1972 66,766
1973 79,351
1974 100,503
1975 138,611
1976 189,993
1977 304,565
1978 513,283
1979 594,211
1980 795,055
1981 1,203,057
1982 1,483,923
1983 2,080,548
1984 3,196,220
1985 4,671,800
1986 6,911,240
1987 10,597,000
1988 15,501,000
1989 23,975,000
1990 27,164,000
1991 37,779,100
1992 57,531,460
1993 76,804,870
1994 117,180,800
1995 167,770,000
1996 233,533,100
1997 336,491,200
1998 395,341,200
1999 495,825,600
2000 764,782,000
2001 1,197,165,000
2002 1,666,605,000
2003 2,053,937,000
2004 2,614,132,000
2005 3,123,038,000
2006 4,351,661,000
2007 5,954,593,000
2008 8,287,484,000
2009 10,337,730,000
2010 13,637,300,000

Broad money (% of GDP)

Broad money (% of GDP) in Ghana was 25.93 as of 2010. Its highest value over the past 49 years was 29.49 in 2005, while its lowest value was 9.68 in 1983.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1961 17.96
1962 18.97
1963 18.88
1964 20.62
1965 20.30
1966 20.28
1967 21.09
1968 19.73
1969 18.50
1970 18.05
1971 18.03
1972 20.29
1973 20.87
1974 19.30
1975 22.63
1976 25.18
1977 22.15
1978 19.49
1979 19.62
1980 16.21
1981 13.76
1982 15.54
1983 9.68
1984 9.75
1985 11.47
1986 11.32
1987 11.73
1988 12.41
1989 13.93
1990 13.31
1991 13.38
1992 17.00
1993 17.35
1994 18.63
1995 18.38
1996 17.70
1997 20.19
1998 21.16
1999 21.65
2000 23.21
2001 25.77
2002 29.30
2003 28.12
2004 29.22
2005 29.49
2006 19.98
2007 22.26
2008 23.60
2009 25.45
2010 25.93

Broad money to total reserves ratio

Broad money to total reserves ratio in Ghana was 2.09 as of 2006. Its highest value over the past 46 years was 17.18 in 1982, while its lowest value was 0.81 in 1960.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 0.81
1961 1.56
1962 1.54
1963 1.44
1964 3.29
1965 3.63
1966 3.97
1967 4.48
1968 3.56
1969 5.30
1970 9.84
1971 10.65
1972 4.82
1973 3.51
1974 8.63
1975 8.20
1976 14.59
1977 14.59
1978 8.91
1979 5.39
1980 8.78
1981 16.31
1982 17.18
1983 8.09
1984 2.03
1985 1.56
1986 1.24
1987 2.08
1988 2.47
1989 2.04
1990 2.69
1991 1.59
1992 3.20
1993 2.29
1994 1.78
1995 1.74
1996 1.53
1997 2.66
1998 3.74
1999 3.48
2000 4.54
2001 4.45
2002 3.31
2003 1.61
2004 1.66
2005 1.82
2006 2.09

Broad money growth (annual %)

The value for Broad money growth (annual %) in Ghana was 31.92 as of 2010. As the graph below shows, over the past 49 years this indicator reached a maximum value of 68.53 in 1978 and a minimum value of 1.23 in 1967.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1961 8.82
1962 15.17
1963 7.29
1964 37.12
1965 1.93
1966 4.93
1967 1.23
1968 10.19
1969 10.45
1970 9.95
1971 11.13
1972 40.66
1973 18.85
1974 26.66
1975 37.92
1976 37.07
1977 60.30
1978 68.53
1979 15.77
1980 33.80
1981 51.32
1982 23.35
1983 40.21
1984 53.62
1985 46.17
1986 47.94
1987 53.33
1988 46.28
1989 54.67
1990 13.30
1991 39.08
1992 52.28
1993 33.50
1994 52.57
1995 43.17
1996 39.20
1997 44.09
1998 17.49
1999 25.42
2000 54.24
2001 56.54
2002 39.21
2003 23.24
2004 27.27
2005 19.47
2006 39.34
2007 36.83
2008 39.18
2009 24.74
2010 31.92

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)