Claims on other sectors of the domestic economy in Ghana
Ghana: Claims on other sectors of the domestic economy was 8.2% in 2024. ◆ Volatile
Claims on other sectors of the domestic economy in Ghana, 2002–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
Ghana recorded 8.2% for claims on other sectors of the domestic economy in 2024.
Compared with earlier readings it is up 7,465.1% on the previous year and down 73.2% over ten years.
Over the whole period, claims on other sectors of the domestic economy in Ghana peaked at 40.4% in 2009 and was at its lowest, -8.5%, in 2018.
That places Ghana 54th out of 151 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.
Claims on other sectors of the domestic economy in Ghana, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 2002 | 7.5% | — |
| 2003 | 15.4% | +105.5% |
| 2004 | 3.4% | -77.7% |
| 2005 | 23.2% | +574.6% |
| 2006 | 20.6% | -11.1% |
| 2007 | 35.8% | +73.5% |
| 2008 | 7.3% | -79.7% |
| 2009 | 40.4% | +457.2% |
| 2010 | 13.0% | -67.8% |
| 2011 | 18.3% | +40.7% |
| 2012 | 24.6% | +34.3% |
| 2013 | 30.1% | +22.3% |
| 2014 | 30.6% | +1.7% |
| 2015 | 21.0% | -31.5% |
| 2016 | 12.1% | -42.5% |
| 2017 | 23.7% | +96.5% |
| 2018 | -8.5% | -136.0% |
| 2019 | 7.8% | -192.0% |
| 2020 | 4.1% | -47.1% |
| 2021 | 8.8% | +111.5% |
| 2022 | 15.3% | +74.7% |
| 2023 | 0.1% | -99.3% |
| 2024 | 8.2% | +7465.2% |
Ghana compared with similar countries
- Ghana's 8.2% is above the median for lower middle income countries, which is 6.6%, 1.2× the median. (44 countries reporting)
- Ghana's 8.2% is above the median for Sub-Saharan Africa, which is 6.5%, 1.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Claims on other sectors of the domestic economy 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 |
|---|---|---|---|
| 2024 | +7465.2% | 0.1% | 8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.2% | 3.4% | 40.4% | 8 |
| 2010s | 17.3% | -8.5% | 30.6% | 10 |
| 2020s | 7.3% | 0.1% | 15.3% | 5 |
Countries ranked near Ghana
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 claims on other sectors of the domestic economy in Ghana?
- Claims on other sectors of the domestic economy in Ghana was 8.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on other sectors of the domestic economy recorded in Ghana?
- The highest recorded value was 40.4% in 2009.
- What is the lowest claims on other sectors of the domestic economy recorded in Ghana?
- The lowest recorded value was -8.5% in 2018.
- How does Ghana rank for claims on other sectors of the domestic economy?
- Ghana ranks 54th out of 151 countries with data for 2024.
- Is claims on other sectors of the domestic economy rising or falling in Ghana?
- Over the last ten years it is down 73.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on other sectors of the domestic economy (annual growth as % of broad money). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator represents the annual percentage growth in the ratio of claims to broad money.