Ghana vs Sierra Leone: Financial system deposits to GDP
Financial system deposits to GDP over time
- Ghana
- Sierra Leone
How they compare
Ghana currently reports 23.9% against 23.7% in Sierra Leone, a difference of 0.2%.
The two have swapped places 2 times across 62 shared years of data; in 1960 it was Ghana ahead.
Ghana ranks 156th and Sierra Leone ranks 157th of 185 countries.
Across the 7 decades both report, Ghana averaged higher in 4 and Sierra Leone in 3.
Head to head by decade
| Decade | Ghana | Sierra Leone | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 5.5% | 6.2% | 0.7% | Sierra Leone |
| 1970s | 5.8% | 9.4% | 3.6% | Sierra Leone |
| 1980s | 7.2% | 14.7% | 7.5% | Sierra Leone |
| 1990s | 14.1% | 7.0% | 7.1% | Ghana |
| 2000s | 20.2% | 10.1% | 10.1% | Ghana |
| 2010s | 24.5% | 16.9% | 7.6% | Ghana |
| 2020s | 25.6% | 22.6% | 3.0% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial system deposits to gdp, Ghana or Sierra Leone?
- Ghana, at 23.9% against 23.7% in Sierra Leone as of 2021.
- What is the difference in financial system deposits to gdp between Ghana and Sierra Leone?
- 0.2%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Sierra Leone?
- 62 years are reported by both, from 1960 to 2021.
- How do Ghana and Sierra Leone rank globally for financial system deposits to gdp?
- Ghana ranks 156th and Sierra Leone ranks 157th of 185 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Financial system deposits to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).