Broad money (current LCU), annual growth rate in Ghana
Ghana: Broad money (current LCU), annual growth rate was 32.98 % change on previous year in 2024. ◆ Volatile
Latest (2024)
32.98 % change on previous year
Change on year
down 11.9%
World rank
15th
of 166 countries
All-time high
68.53 % change on previous year
in 1978
All-time low
1.23 % change on previous year
in 1967
Years of data
64
1961–2024
Broad money (current LCU), annual growth rate in Ghana, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ghana recorded 32.98 % change on previous year for broad money (current lcu), annual growth rate in 2024.
That represents a change of down 11.9% on the previous year and down 11.6% over ten years.
Over the whole period, broad money (current lcu), annual growth rate in Ghana peaked at 68.53 % change on previous year in 1978 and was at its lowest, 1.23 % change on previous year, in 1967.
Ghana ranks 15th of 166 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (current LCU), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 8.82 % change on previous year | — |
| 1962 | 15.17 % change on previous year | +72.1% |
| 1963 | 7.29 % change on previous year | -52.0% |
| 1964 | 37.12 % change on previous year | +409.5% |
| 1965 | 1.93 % change on previous year | -94.8% |
| 1966 | 4.93 % change on previous year | +154.7% |
| 1967 | 1.23 % change on previous year | -74.9% |
| 1968 | 10.19 % change on previous year | +726.3% |
| 1969 | 10.45 % change on previous year | +2.5% |
| 1970 | 9.95 % change on previous year | -4.7% |
| 1971 | 11.13 % change on previous year | +11.8% |
| 1972 | 40.66 % change on previous year | +265.5% |
| 1973 | 18.85 % change on previous year | -53.6% |
| 1974 | 26.66 % change on previous year | +41.4% |
| 1975 | 37.92 % change on previous year | +42.2% |
| 1976 | 37.07 % change on previous year | -2.2% |
| 1977 | 60.3 % change on previous year | +62.7% |
| 1978 | 68.53 % change on previous year | +13.6% |
| 1979 | 15.77 % change on previous year | -77.0% |
| 1980 | 33.8 % change on previous year | +114.4% |
| 1981 | 51.32 % change on previous year | +51.8% |
| 1982 | 23.35 % change on previous year | -54.5% |
| 1983 | 40.21 % change on previous year | +72.2% |
| 1984 | 53.62 % change on previous year | +33.4% |
| 1985 | 46.17 % change on previous year | -13.9% |
| 1986 | 47.94 % change on previous year | +3.8% |
| 1987 | 53.33 % change on previous year | +11.3% |
| 1988 | 46.28 % change on previous year | -13.2% |
| 1989 | 54.67 % change on previous year | +18.1% |
| 1990 | 13.3 % change on previous year | -75.7% |
| 1991 | 39.08 % change on previous year | +193.8% |
| 1992 | 52.28 % change on previous year | +33.8% |
| 1993 | 33.5 % change on previous year | -35.9% |
| 1994 | 52.57 % change on previous year | +56.9% |
| 1995 | 43.17 % change on previous year | -17.9% |
| 1996 | 39.2 % change on previous year | -9.2% |
| 1997 | 44.09 % change on previous year | +12.5% |
| 1998 | 17.49 % change on previous year | -60.3% |
| 1999 | 25.42 % change on previous year | +45.3% |
| 2000 | 54.24 % change on previous year | +113.4% |
| 2001 | 56.53 % change on previous year | +4.2% |
| 2002 | 39.21 % change on previous year | -30.6% |
| 2003 | 23.24 % change on previous year | -40.7% |
| 2004 | 27.27 % change on previous year | +17.4% |
| 2005 | 19.47 % change on previous year | -28.6% |
| 2006 | 39.34 % change on previous year | +102.1% |
| 2007 | 36.83 % change on previous year | -6.4% |
| 2008 | 39.18 % change on previous year | +6.4% |
| 2009 | 24.74 % change on previous year | -36.9% |
| 2010 | 31.92 % change on previous year | +29.0% |
| 2011 | 33.99 % change on previous year | +6.5% |
| 2012 | 25.14 % change on previous year | -26.0% |
| 2013 | 19.5 % change on previous year | -22.4% |
| 2014 | 37.29 % change on previous year | +91.2% |
| 2015 | 25.57 % change on previous year | -31.4% |
| 2016 | 22.5 % change on previous year | -12.0% |
| 2017 | 16.07 % change on previous year | -28.6% |
| 2018 | 15.76 % change on previous year | -1.9% |
| 2019 | 21.35 % change on previous year | +35.5% |
| 2020 | 28.36 % change on previous year | +32.8% |
| 2021 | 21.3 % change on previous year | -24.9% |
| 2022 | 32.03 % change on previous year | +50.3% |
| 2023 | 37.41 % change on previous year | +16.8% |
| 2024 | 32.98 % change on previous year | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.79 % change on previous year | 1.23 % change on previous year | 37.12 % change on previous year | 9 |
| 1970s | 32.68 % change on previous year | 9.95 % change on previous year | 68.53 % change on previous year | 10 |
| 1980s | 45.07 % change on previous year | 23.35 % change on previous year | 54.67 % change on previous year | 10 |
| 1990s | 36.01 % change on previous year | 13.3 % change on previous year | 52.57 % change on previous year | 10 |
| 2000s | 36.01 % change on previous year | 19.47 % change on previous year | 56.53 % change on previous year | 10 |
| 2010s | 24.91 % change on previous year | 15.76 % change on previous year | 37.29 % change on previous year | 10 |
| 2020s | 30.42 % change on previous year | 21.3 % change on previous year | 37.41 % change on previous year | 5 |
Countries ranked near Ghana
- 12 Uzbekistan 36.64 % change on previous year compare
- 13 Guinea 35.79 % change on previous year compare
- 14 Congo, Democratic Republic of the 34.81 % change on previous year compare
- 16 Kyrgyzstan 30.59 % change on previous year compare
- 17 Guyana 28.36 % change on previous year compare
- 18 Iran, Islamic Republic of 27.96 % change on previous year 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 broad money (current lcu), annual growth rate in Ghana?
- Broad money (current lcu), annual growth rate in Ghana was 32.98 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest broad money (current lcu), annual growth rate recorded in Ghana?
- The highest recorded value was 68.53 % change on previous year in 1978.
- What is the lowest broad money (current lcu), annual growth rate recorded in Ghana?
- The lowest recorded value was 1.23 % change on previous year in 1967.
- How does Ghana rank for broad money (current lcu), annual growth rate?
- Ghana ranks 15th out of 166 countries with data for 2024.
- Is broad money (current lcu), annual growth rate rising or falling in Ghana?
- Over the last ten years it is down 11.6%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Broad money (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.