Bank accounts per 1,000 adults in Ghana
Ghana: Bank accounts per 1,000 adults was 762.37 in 2020. ▲ Rising
Bank accounts per 1,000 adults in Ghana, 2005–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Ghana recorded 762.37 for bank accounts per 1,000 adults in 2020.
That represents a change of down 0.6% on the previous year and up 173.7% over ten years.
Over the whole period, bank accounts per 1,000 adults in Ghana peaked at 766.7 in 2019 and was at its lowest, 176.62, in 2005.
That places Ghana 48th out of 103 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Bank accounts per 1,000 adults in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 176.62 | — |
| 2006 | 206.66 | +17.0% |
| 2007 | 217.53 | +5.3% |
| 2008 | 244.01 | +12.2% |
| 2009 | 267.81 | +9.8% |
| 2010 | 278.52 | +4.0% |
| 2011 | 340.58 | +22.3% |
| 2012 | 447.63 | +31.4% |
| 2013 | 448.25 | +0.1% |
| 2014 | 491.93 | +9.7% |
| 2015 | 583.91 | +18.7% |
| 2016 | 543.57 | -6.9% |
| 2017 | 614.09 | +13.0% |
| 2018 | 725.21 | +18.1% |
| 2019 | 766.7 | +5.7% |
| 2020 | 762.37 | -0.6% |
Ghana compared with similar countries
- Ghana's 762.37 is above the median for lower middle income countries, which is 408.53, 1.9× the median. (36 countries reporting)
- Ghana's 762.37 is above the median for Sub-Saharan Africa, which is 194.06, 3.9× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 222.53 | 176.62 | 267.81 | 5 |
| 2010s | 524.04 | 278.52 | 766.7 | 10 |
| 2020s | 762.37 | 762.37 | 762.37 | 1 |
Countries ranked near Ghana
- 45 Sao Tome and Principe 793.26 compare
- 46 Qatar 777.9 compare
- 47 Dominican Republic 772.01 compare
- 49 El Salvador 746.21 compare
- 50 Italy 715.3 compare
- 51 Malaysia 714.4 compare
More financial sector data for Ghana
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.61 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.61 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Ghana?
- Bank accounts per 1,000 adults in Ghana was 762.37 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Ghana?
- The highest recorded value was 766.7 in 2019.
- What is the lowest bank accounts per 1,000 adults recorded in Ghana?
- The lowest recorded value was 176.62 in 2005.
- How does Ghana rank for bank accounts per 1,000 adults?
- Ghana ranks 48th out of 103 countries with data for 2020.
- Is bank accounts per 1,000 adults rising or falling in Ghana?
- Over the last ten years it is up 173.7%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.