Broad Money (Domestic currency) in Ghana
Ghana: Broad Money (Domestic currency) 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 (Domestic currency) 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% |
Ghana compared with similar countries
- Ghana's 353.46 billion Domestic currency is below the median for lower middle income countries, which is 762.39 billion Domestic currency, 46% of the median. (41 countries reporting)
- Ghana's 353.46 billion Domestic currency is below the median for Sub-Saharan Africa, which is 1.84 trillion Domestic currency, 19% of the median. (46 countries reporting)
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 257.74 billion Domestic currency 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 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