Bank return on equity in Ghana

Ghana: Bank return on equity was 21.1% in 2021. ▼ Falling

Latest (2021)
21.1%
Change on year
up 0.5%
World rank
12th
of 168 countries
All-time high
45.6%
in 2006
All-time low
12.1%
in 2009
Years of data
16
2006–2021

Bank return on equity in Ghana, 2006–2021

10203040502006201320212006: 45.6 %, after tax2007: 31.3 %, after tax2008: 21.5 %, after tax2009: 12.1 %, after tax2010: 19.6 %, after tax2011: 17.3 %, after tax2012: 26.6 %, after tax2013: 31.2 %, after tax2014: 27.8 %, after tax2015: 22.2 %, after tax2016: 19.3 %, after tax2017: 22 %, after tax2018: 19 %, after tax2019: 20.5 %, after tax2020: 21 %, after tax2021: 21.1 %, after tax

Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.

Analysis

The most recent figure for bank return on equity in Ghana is 21.1%, measured in 2021.

Compared with earlier readings it is up 0.5% on the previous year and up 21.7% over ten years.

Over the whole period, bank return on equity in Ghana peaked at 45.6% in 2006 and was at its lowest, 12.1%, in 2009.

Ghana ranks 12th of 168 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 16 years of available data.

Bank return on equity in Ghana, year by year

Annual values for Bank return on equity (%, after tax) in Ghana, 2006 to 2021.
Year %, after tax Change
2006 45.6%
2007 31.3% -31.4%
2008 21.5% -31.2%
2009 12.1% -43.8%
2010 19.6% +62.4%
2011 17.3% -11.7%
2012 26.6% +53.7%
2013 31.2% +17.4%
2014 27.8% -11.1%
2015 22.2% -19.9%
2016 19.3% -13.2%
2017 22.0% +13.8%
2018 19.0% -13.4%
2019 20.5% +7.8%
2020 21.0% +2.2%
2021 21.1% +0.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 27.6% 12.1% 45.6% 4
2010s 22.6% 17.3% 31.2% 10
2020s 21.0% 21.0% 21.1% 2

Countries ranked near Ghana

  1. 9 Angola 23.5% compare
  2. 10 Saint Lucia 22.9% compare
  3. 11 Togo 21.9% compare
  4. 13 Eswatini 20.9% compare
  5. 14 Dominican Republic 20.1% compare
  6. 15 Liberia 19.6% compare

See the full ranking of 168 places →

More financial sector data for Ghana

All data for Ghana →

Frequently asked questions

What is bank return on equity in Ghana?
Bank return on equity in Ghana was 21.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank return on equity recorded in Ghana?
The highest recorded value was 45.6% in 2006.
What is the lowest bank return on equity recorded in Ghana?
The lowest recorded value was 12.1% in 2009.
How does Ghana rank for bank return on equity?
Ghana ranks 12th out of 168 countries with data for 2021.
Is bank return on equity rising or falling in Ghana?
Over the last ten years it is up 21.7%. 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 return on equity (%, after tax). Statizoid updates them automatically from the source API.

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Bank return on equity in Ghana. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 23 August 2026, from https://financial-sector.statizoid.com/stat/bank-return-on-equity-percent-after-tax/ghana/

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About this data

Indicator
Bank return on equity (%, after tax)
Unit
%, after tax
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 3,211 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[t-1])/2). Numerator and denominator are first 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.