Central bank assets to GDP in Ghana
Ghana: Central bank assets to GDP was 10.7% in 2021. ◆ Volatile
Central bank assets to GDP in Ghana, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, central bank assets to gdp in Ghana stood at 10.7%.
That represents a change of down 11.1% on the previous year and up 62.2% over ten years.
Over the whole period, central bank assets to gdp in Ghana peaked at 89.7% in 2000 and was at its lowest, 0.2%, in 1960.
That places Ghana 56th out of 183 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Central bank assets to GDP in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 0.2% | — |
| 1961 | 2.1% | +1201.5% |
| 1962 | 1.1% | -46.0% |
| 1963 | 2.7% | +138.8% |
| 1964 | 4.4% | +61.7% |
| 1965 | 3.6% | -17.1% |
| 1966 | 5.0% | +37.3% |
| 1967 | 8.1% | +62.0% |
| 1968 | 7.3% | -9.0% |
| 1969 | 6.5% | -10.8% |
| 1970 | 6.7% | +2.0% |
| 1971 | 7.6% | +14.6% |
| 1972 | 6.7% | -12.2% |
| 1973 | 4.8% | -27.8% |
| 1974 | 6.3% | +30.0% |
| 1975 | 7.5% | +19.2% |
| 1976 | 9.8% | +31.0% |
| 1977 | 9.6% | -2.7% |
| 1978 | 9.6% | -0.1% |
| 1979 | 8.1% | -15.3% |
| 1980 | 16.9% | +108.7% |
| 1981 | 16.3% | -3.5% |
| 1982 | 17.7% | +8.4% |
| 1983 | 14.1% | -20.0% |
| 1984 | 15.1% | +6.8% |
| 1985 | 17.6% | +16.2% |
| 1986 | 19.1% | +9.0% |
| 1987 | 24.4% | +27.5% |
| 1988 | 17.3% | -29.0% |
| 1989 | 15.3% | -11.7% |
| 1990 | 13.3% | -12.9% |
| 1991 | 15.0% | +12.6% |
| 1992 | 17.4% | +15.6% |
| 1993 | 23.1% | +33.3% |
| 1994 | 20.0% | -13.5% |
| 1995 | 20.1% | +0.4% |
| 1996 | 14.9% | -25.9% |
| 1997 | 14.7% | -1.4% |
| 1998 | 64.0% | +335.4% |
| 1999 | 74.5% | +16.4% |
| 2000 | 89.7% | +20.4% |
| 2001 | 6.7% | -92.6% |
| 2002 | 64.0% | +861.0% |
| 2003 | 11.5% | -82.1% |
| 2004 | 15.9% | +38.2% |
| 2005 | 12.9% | -18.5% |
| 2006 | 8.2% | -36.4% |
| 2007 | 10.3% | +25.3% |
| 2008 | 11.6% | +13.1% |
| 2009 | 7.4% | -36.2% |
| 2010 | 7.0% | -6.3% |
| 2011 | 6.6% | -4.8% |
| 2012 | 8.3% | +25.5% |
| 2013 | 8.0% | -3.5% |
| 2014 | 10.9% | +36.3% |
| 2015 | 7.7% | -29.4% |
| 2016 | 8.1% | +4.8% |
| 2017 | 7.0% | -13.6% |
| 2018 | 7.1% | +2.4% |
| 2019 | 6.1% | -14.8% |
| 2020 | 12.1% | +98.3% |
| 2021 | 10.7% | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.1% | 0.2% | 8.1% | 10 |
| 1970s | 7.7% | 4.8% | 9.8% | 10 |
| 1980s | 17.4% | 14.1% | 24.4% | 10 |
| 1990s | 27.7% | 13.3% | 74.5% | 10 |
| 2000s | 23.8% | 6.7% | 89.7% | 10 |
| 2010s | 7.7% | 6.1% | 10.9% | 10 |
| 2020s | 11.4% | 10.7% | 12.1% | 2 |
Countries ranked near Ghana
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 central bank assets to gdp in Ghana?
- Central bank assets to gdp in Ghana was 10.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest central bank assets to gdp recorded in Ghana?
- The highest recorded value was 89.7% in 2000.
- What is the lowest central bank assets to gdp recorded in Ghana?
- The lowest recorded value was 0.2% in 1960.
- How does Ghana rank for central bank assets to gdp?
- Ghana ranks 56th out of 183 countries with data for 2021.
- Is central bank assets to gdp rising or falling in Ghana?
- Over the last ten years it is up 62.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Central bank assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by the Central Bank as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is Central Bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Central Bank claims (IFS lines 12, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).