Ghana vs Iceland: Bank cost to income ratio

Ghana
45.4%
in 2021
Iceland
46.5%
in 2021
Ghana rank
135th
Iceland rank
132nd

Bank cost to income ratio over time

  • Ghana
  • Iceland
020406080200020102021

How they compare

Iceland currently reports 46.5% against 45.4% in Ghana, a difference of 1.1%.

The two have swapped places 3 times across 12 shared years of data; in 2009 it was Ghana ahead.

Ghana ranks 135th and Iceland ranks 132nd of 169 countries.

Across the 3 decades both report, Ghana averaged higher in 2 and Iceland in 1.

Head to head by decade

Decade Ghana Iceland Difference Ahead
2000s 63.0% 18.3% 44.7% Ghana
2010s 53.2% 45.9% 7.3% Ghana
2020s 46.8% 49.0% 2.2% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank cost to income ratio, Ghana or Iceland?
Iceland, at 46.5% against 45.4% in Ghana as of 2021.
What is the difference in bank cost to income ratio between Ghana and Iceland?
1.1%, with Iceland ahead.
How many years of comparable data are there for Ghana and Iceland?
12 years are reported by both, from 2009 to 2021.
How do Ghana and Iceland rank globally for bank cost to income ratio?
Ghana ranks 135th and Iceland ranks 132nd of 169 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank cost to income ratio (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Iceland: Bank cost to income ratio. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/bank-cost-to-income-ratio-percent/ghana/iceland/

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About this data

Indicator
Bank cost to income ratio (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,210 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.