Ghana - Broad money (% of GDP)

Broad money (% of GDP) in Ghana was 31.50 as of 2020. Its highest value over the past 60 years was 34.11 in 2002, while its lowest value was 11.30 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
1960 18.40
1961 18.71
1962 20.30
1963 19.55
1964 23.85
1965 20.50
1966 20.77
1967 21.22
1968 20.69
1969 19.41
1970 18.91
1971 18.99
1972 23.72
1973 22.67
1974 21.57
1975 26.24
1976 29.11
1977 27.28
1978 24.46
1979 21.05
1980 18.55
1981 16.57
1982 17.16
1983 11.30
1984 11.81
1985 13.62
1986 13.51
1987 14.21
1988 14.75
1989 16.92
1990 14.14
1991 15.56
1992 20.53
1993 19.84
1994 22.51
1995 21.64
1996 20.60
1997 23.84
1998 22.86
1999 24.09
2000 28.17
2001 31.45
2002 34.11
2003 31.05
2004 32.72
2005 32.11
2006 23.26
2007 25.72
2008 27.46
2009 28.25
2010 29.62
2011 30.55
2012 30.36
2013 21.95
2014 23.64
2015 25.67
2016 26.28
2017 25.49
2018 25.13
2019 26.39
2020 31.50

Aggregation method: Weighted average

Periodicity: Annual

General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)