Ghana vs Zimbabwe: Domestic credit to private sector by banks

Ghana
8.2%
in 2024
Zimbabwe
6.5%
in 2023
Ghana rank
174th
Zimbabwe rank
176th

Domestic credit to private sector by banks over time

  • Ghana
  • Zimbabwe
020406080196019922024

How they compare

Ghana currently reports 8.2% against 6.5% in Zimbabwe, a difference of 1.7%.

That makes Ghana's figure about 1.3 times Zimbabwe's.

The two have swapped places 3 times across 37 shared years of data; in 1984 it was Zimbabwe ahead.

Ghana ranks 174th and Zimbabwe ranks 176th of 187 countries.

Across the 5 decades both report, Ghana averaged higher in 2 and Zimbabwe in 3.

Head to head by decade

Decade Ghana Zimbabwe Difference Ahead
1980s 3.5% 15.5% 11.9% Zimbabwe
1990s 6.4% 19.7% 13.3% Zimbabwe
2000s 13.7% 31.6% 17.9% Zimbabwe
2010s 15.5% 14.0% 1.4% Ghana
2020s 11.0% 5.2% 5.8% Ghana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector by banks, Ghana or Zimbabwe?
Ghana, at 8.2% against 6.5% in Zimbabwe as of 2024.
What is the difference in domestic credit to private sector by banks between Ghana and Zimbabwe?
1.7%, with Ghana ahead.
How many years of comparable data are there for Ghana and Zimbabwe?
37 years are reported by both, from 1984 to 2023.
How do Ghana and Zimbabwe rank globally for domestic credit to private sector by banks?
Ghana ranks 174th and Zimbabwe ranks 176th of 187 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Zimbabwe: Domestic credit to private sector by banks. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-by-banks-percent-of-gdp/ghana/zimbabwe/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

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. 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.