Ghana vs Guinea: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Ghana
- Guinea
How they compare
Ghana currently reports 10.3% against 9.0% in Guinea, a difference of 1.3%.
That makes Ghana's figure about 1.1 times Guinea's.
Across all 33 years both countries report, Ghana has been ahead every year.
Ghana ranks 171st and Guinea ranks 174th of 187 countries.
Ghana has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Ghana | Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.8% | 3.7% | 2.2% | Ghana |
| 1990s | 6.4% | 4.1% | 2.3% | Ghana |
| 2000s | 13.3% | 3.5% | 9.8% | Ghana |
| 2010s | 15.7% | 8.5% | 7.2% | Ghana |
| 2020s | 11.2% | 9.4% | 1.9% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Ghana or Guinea?
- Ghana, at 10.3% against 9.0% in Guinea as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Ghana and Guinea?
- 1.3%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Guinea?
- 33 years are reported by both, from 1989 to 2021.
- How do Ghana and Guinea rank globally for private credit by deposit money banks to gdp?
- Ghana ranks 171st and Guinea ranks 174th of 187 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks (IFS line 22d); 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).