Bank return on equity (%, before tax) in Ghana
Ghana: Bank return on equity (%, before tax) was 32.2% in 2021. ▼ Falling
Bank return on equity in Ghana, 2006–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
Ghana recorded 32.2% for bank return on equity in 2021.
The figure is up 7.9% on the previous year and up 28.3% over ten years.
Over the whole period, bank return on equity in Ghana peaked at 64.9% in 2006 and was at its lowest, 16.6%, in 2009.
Ghana ranks 6th 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 (%, before tax) in Ghana, year by year
| Year | %, before tax | Change |
|---|---|---|
| 2006 | 64.9% | — |
| 2007 | 43.9% | -32.4% |
| 2008 | 28.8% | -34.4% |
| 2009 | 16.6% | -42.4% |
| 2010 | 29.4% | +77.0% |
| 2011 | 25.1% | -14.5% |
| 2012 | 35.5% | +41.4% |
| 2013 | 44.2% | +24.4% |
| 2014 | 39.2% | -11.2% |
| 2015 | 31.8% | -19.0% |
| 2016 | 28.6% | -10.1% |
| 2017 | 32.1% | +12.4% |
| 2018 | 27.8% | -13.2% |
| 2019 | 28.9% | +3.8% |
| 2020 | 29.9% | +3.3% |
| 2021 | 32.2% | +7.9% |
Ghana compared with similar countries
- Ghana's 32.2% is above the median for lower middle income countries, which is 14.9%, 2.2× the median. (38 countries reporting)
- Ghana's 32.2% is above the median for Sub-Saharan Africa, which is 20.8%, 1.5× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.5% | 16.6% | 64.9% | 4 |
| 2010s | 32.2% | 25.1% | 44.2% | 10 |
| 2020s | 31.0% | 29.9% | 32.2% | 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 return on equity in Ghana?
- Bank return on equity in Ghana was 32.2% 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 64.9% in 2006.
- What is the lowest bank return on equity recorded in Ghana?
- The lowest recorded value was 16.6% in 2009.
- How does Ghana rank for bank return on equity?
- Ghana ranks 6th 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 28.3%. 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 (%, before tax). 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
Raw data are from Bankscope. Data10270[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.