Ghana - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Ghana was 10.49 as of 2020. Its highest value over the past 60 years was 15.83 in 2008, while its lowest value was 1.54 in 1983.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

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

See also:

Year Value
1960 4.57
1961 5.83
1962 6.18
1963 7.58
1964 6.96
1965 8.52
1966 8.45
1967 7.57
1968 8.66
1969 9.21
1970 8.25
1971 12.58
1972 10.06
1973 5.34
1974 5.68
1975 5.78
1976 5.90
1977 5.02
1978 3.52
1979 2.82
1980 2.19
1981 1.85
1982 1.80
1983 1.54
1984 2.21
1985 3.11
1986 3.63
1987 3.15
1988 3.14
1989 5.84
1990 4.93
1991 3.66
1992 4.94
1993 4.84
1994 5.25
1995 5.07
1996 6.01
1997 8.20
1998 9.20
1999 12.41
2000 13.82
2001 11.75
2002 12.00
2003 12.39
2004 13.06
2005 15.43
2006 11.02
2007 14.42
2008 15.83
2009 15.54
2010 14.58
2011 14.38
2012 14.74
2013 12.06
2014 13.46
2015 14.64
2016 14.15
2017 12.57
2018 10.46
2019 11.25
2020 10.49

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Ghana was 11.48 as of 2020. Its highest value over the past 60 years was 15.88 in 2008, while its lowest value was 1.54 in 1983.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

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

See also:

Year Value
1960 4.57
1961 5.83
1962 6.18
1963 7.58
1964 6.96
1965 8.52
1966 8.45
1967 7.57
1968 8.66
1969 9.21
1970 8.25
1971 12.58
1972 10.06
1973 5.34
1974 5.68
1975 5.78
1976 5.90
1977 5.02
1978 3.52
1979 2.82
1980 2.19
1981 1.85
1982 1.80
1983 1.54
1984 2.21
1985 3.11
1986 3.63
1987 3.15
1988 3.14
1989 5.84
1990 4.93
1991 3.66
1992 4.94
1993 4.84
1994 5.25
1995 5.07
1996 6.01
1997 8.20
1998 9.36
1999 12.56
2000 13.97
2001 11.88
2002 12.15
2003 12.49
2004 13.17
2005 15.54
2006 11.09
2007 14.49
2008 15.88
2009 15.66
2010 15.29
2011 15.05
2012 15.64
2013 12.81
2014 14.22
2015 15.46
2016 15.05
2017 13.53
2018 11.40
2019 12.14
2020 11.48

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets