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% |
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
- Net domestic credit (current LCU), per capita 7,823 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 3.23 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 13.42 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 9.84 million SDR (2023)
- Gold reserves at market value 431.95 million SDR (2023)
- Reserves excluding gold, foreign exchange 3.34 billion SDR (2024)
- Reserves excluding gold 3.43 billion SDR (2024)
- Total reserves (gold at market value) 3.43 billion SDR (2024)
- Total reserves (gold at national valuation) 5.36 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 155.67 SDR per person (2024)
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.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.