Bank Z-score in Ghana
Ghana: Bank Z-score was 13.92 in 2021. ▲ Rising
Bank Z-score in Ghana, 2005–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
Ghana recorded 13.92 for bank z-score in 2021.
That represents a change of down 1.6% on the previous year and up 17.9% over ten years.
Over the whole period, bank z-score in Ghana peaked at 14.69 in 2013 and was at its lowest, 9.61, in 2008.
That places Ghana 97th out of 170 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Bank Z-score in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 12.41 | — |
| 2006 | 12.92 | +4.1% |
| 2007 | 10.81 | -16.3% |
| 2008 | 9.61 | -11.1% |
| 2009 | 10.52 | +9.6% |
| 2010 | 12.13 | +15.3% |
| 2011 | 11.81 | -2.6% |
| 2012 | 13.4 | +13.5% |
| 2013 | 14.69 | +9.6% |
| 2014 | 13.39 | -8.9% |
| 2015 | 13.37 | -0.1% |
| 2016 | 12.63 | -5.5% |
| 2017 | 13.94 | +10.4% |
| 2018 | 13.92 | -0.2% |
| 2019 | 14.13 | +1.5% |
| 2020 | 14.16 | +0.2% |
| 2021 | 13.92 | -1.6% |
Ghana compared with similar countries
- Ghana's 13.92 is below the median for lower middle income countries, which is 16.4, 85% of the median. (38 countries reporting)
- Ghana's 13.92 is below the median for Sub-Saharan Africa, which is 13.99, 99% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.25 | 9.61 | 12.92 | 5 |
| 2010s | 13.34 | 11.81 | 14.69 | 10 |
| 2020s | 14.04 | 13.92 | 14.16 | 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 z-score in Ghana?
- Bank z-score in Ghana was 13.92 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Ghana?
- The highest recorded value was 14.69 in 2013.
- What is the lowest bank z-score recorded in Ghana?
- The lowest recorded value was 9.61 in 2008.
- How does Ghana rank for bank z-score?
- Ghana ranks 97th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in Ghana?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.