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% |
Ghana compared with similar countries
- Ghana's 32.98 % change on previous year is above the median for lower middle income countries, which is 11.42 % change on previous year, 2.9× the median. (46 countries reporting)
- Ghana's 32.98 % change on previous year is above the median for Sub-Saharan Africa, which is 13.12 % change on previous year, 2.5× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Broad money (current LCU), annual growth rate in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +726.3% | 1.23 % change on previous year | 10.19 % change on previous year |
| 1964 | +409.5% | 7.29 % change on previous year | 37.12 % change on previous year |
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 Democratic Republic of Congo 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 27.96 % change on previous year compare
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 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.