Bank net interest margin (%) in Ghana
Ghana: Bank net interest margin (%) was 9.4% in 2021. ▼ Falling
Bank net interest margin in Ghana, 2006–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank net interest margin in Ghana stood at 9.4%.
Compared with earlier readings it is down 4.0% on the previous year and up 1.2% over ten years.
Over the whole period, bank net interest margin in Ghana peaked at 13.1% in 2006 and was at its lowest, 9.1%, in 2009.
Ghana ranks 10th of 166 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 16 years of available data.
Bank net interest margin (%) in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 13.1% | — |
| 2007 | 12.1% | -7.6% |
| 2008 | 9.3% | -22.8% |
| 2009 | 9.1% | -2.0% |
| 2010 | 12.3% | +34.3% |
| 2011 | 9.2% | -24.6% |
| 2012 | 9.6% | +4.3% |
| 2013 | 11.8% | +22.0% |
| 2014 | 10.2% | -13.6% |
| 2015 | 11.4% | +12.0% |
| 2016 | 11.5% | +1.3% |
| 2017 | 10.7% | -7.0% |
| 2018 | 10.2% | -5.4% |
| 2019 | 9.4% | -7.3% |
| 2020 | 9.7% | +3.5% |
| 2021 | 9.4% | -4.0% |
Ghana compared with similar countries
- Ghana's 9.4% is above the median for lower middle income countries, which is 3.8%, 2.4× the median. (38 countries reporting)
- Ghana's 9.4% is above the median for Sub-Saharan Africa, which is 4.4%, 2.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.9% | 9.1% | 13.1% | 4 |
| 2010s | 10.6% | 9.2% | 12.3% | 10 |
| 2020s | 9.5% | 9.4% | 9.7% | 2 |
Countries ranked near Ghana
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 net interest margin in Ghana?
- Bank net interest margin in Ghana was 9.4% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Ghana?
- The highest recorded value was 13.1% in 2006.
- What is the lowest bank net interest margin recorded in Ghana?
- The lowest recorded value was 9.1% in 2009.
- How does Ghana rank for bank net interest margin?
- Ghana ranks 10th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Ghana?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is falling.
- Where does this Ghana data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.