Broad Money in Ghana
Ghana: Broad Money was 353.46 billion Domestic currency in 2024. ◆ Volatile
Broad Money in Ghana, 2001–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
The most recent figure for broad money in Ghana is 353.46 billion Domestic currency, measured in 2024. That is the highest value across all 24 years on record.
The figure is up 33.0% on the previous year and up 842.1% over ten years.
Over the whole period, broad money in Ghana peaked at 353.46 billion Domestic currency in 2024 and was at its lowest, 1.20 billion Domestic currency, in 2001.
That places Ghana 93rd out of 144 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad Money in Ghana, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 1.20 billion Domestic currency | — |
| 2002 | 1.67 billion Domestic currency | +39.2% |
| 2003 | 2.05 billion Domestic currency | +23.2% |
| 2004 | 2.61 billion Domestic currency | +27.3% |
| 2005 | 3.12 billion Domestic currency | +19.5% |
| 2006 | 4.35 billion Domestic currency | +39.3% |
| 2007 | 5.95 billion Domestic currency | +36.8% |
| 2008 | 8.29 billion Domestic currency | +39.2% |
| 2009 | 10.34 billion Domestic currency | +24.7% |
| 2010 | 13.64 billion Domestic currency | +31.9% |
| 2011 | 18.27 billion Domestic currency | +34.0% |
| 2012 | 22.87 billion Domestic currency | +25.1% |
| 2013 | 27.33 billion Domestic currency | +19.5% |
| 2014 | 37.52 billion Domestic currency | +37.3% |
| 2015 | 47.11 billion Domestic currency | +25.6% |
| 2016 | 57.71 billion Domestic currency | +22.5% |
| 2017 | 66.98 billion Domestic currency | +16.1% |
| 2018 | 77.54 billion Domestic currency | +15.8% |
| 2019 | 94.10 billion Domestic currency | +21.4% |
| 2020 | 120.79 billion Domestic currency | +28.4% |
| 2021 | 146.52 billion Domestic currency | +21.3% |
| 2022 | 193.44 billion Domestic currency | +32.0% |
| 2023 | 265.81 billion Domestic currency | +37.4% |
| 2024 | 353.46 billion Domestic currency | +33.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.40 billion Domestic currency | 1.20 billion Domestic currency | 10.34 billion Domestic currency | 9 |
| 2010s | 46.31 billion Domestic currency | 13.64 billion Domestic currency | 94.10 billion Domestic currency | 10 |
| 2020s | 216.00 billion Domestic currency | 120.79 billion Domestic currency | 353.46 billion Domestic currency | 5 |
Countries ranked near Ghana
- 90 Central African Republic 488.93 billion Domestic currency compare
- 91 New Zealand 447.88 billion Domestic currency compare
- 92 Kyrgyzstan 443.72 billion Domestic currency compare
- 94 Comoros 285.91 billion Domestic currency compare
- 95 Cape Verde 281.73 billion Domestic currency compare
- 96 Bolivia, Plurinational State of 257.74 billion Domestic currency compare
More financial sector data for Ghana
- Total reserves in months of imports, annual growth rate 13.18 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 53.45 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.04 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 96.88 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 51.14 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 99.61 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 26.97 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 99.61 SDR per person (2024)
Frequently asked questions
- What is broad money in Ghana?
- Broad money in Ghana was 353.46 billion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest broad money recorded in Ghana?
- The highest recorded value was 353.46 billion Domestic currency in 2024.
- What is the lowest broad money recorded in Ghana?
- The lowest recorded value was 1.20 billion Domestic currency in 2001.
- How does Ghana rank for broad money?
- Ghana ranks 93rd out of 144 countries with data for 2024.
- Is broad money rising or falling in Ghana?
- Over the last ten years it is up 842.1%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Broad Money (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
Monetary and Financial Statistics (MFS), Monetary Aggregates 2026 April