Ghana vs Nigeria: Broad money (% of GDP)
Broad money (% of GDP) over time
- Ghana
- Nigeria
How they compare
Ghana currently reports 28.9% against 28.7% in Nigeria, a difference of 0.2%.
The two have swapped places 12 times across 66 shared years of data; in 1960 it was Ghana ahead.
Ghana ranks 140th and Nigeria ranks 142nd of 167 countries.
Ghana has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Ghana | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 20.3% | 11.2% | 9.2% | Ghana |
| 1970s | 23.4% | 16.0% | 7.4% | Ghana |
| 1980s | 14.8% | 13.4% | 1.4% | Ghana |
| 1990s | 20.6% | 12.3% | 8.3% | Ghana |
| 2000s | 29.4% | 16.0% | 13.4% | Ghana |
| 2010s | 26.5% | 23.4% | 3.1% | Ghana |
| 2020s | 30.5% | 23.3% | 7.2% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Ghana or Nigeria?
- Ghana, at 28.9% against 28.7% in Nigeria as of 2025.
- What is the difference in broad money between Ghana and Nigeria?
- 0.2%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Nigeria?
- 66 years are reported by both, from 1960 to 2025.
- How do Ghana and Nigeria rank globally for broad money?
- Ghana ranks 140th and Nigeria ranks 142nd of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.