Commercial bank branches in Ghana
Ghana: Commercial bank branches was 5.89 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Ghana, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in Ghana stood at 5.89 per 100,000 adults.
Compared with earlier readings it is up 0.8% on the previous year and down 3.8% over ten years.
Over the whole period, commercial bank branches in Ghana peaked at 11.87 per 100,000 adults in 2021 and was at its lowest, 3.1 per 100,000 adults, in 2004.
That places Ghana 133rd out of 185 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in Ghana, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 3.1 per 100,000 adults | — |
| 2005 | 3.27 per 100,000 adults | +5.3% |
| 2006 | 3.64 per 100,000 adults | +11.3% |
| 2007 | 4.61 per 100,000 adults | +26.6% |
| 2008 | 4.81 per 100,000 adults | +4.4% |
| 2009 | 5.14 per 100,000 adults | +6.9% |
| 2010 | 5.42 per 100,000 adults | +5.4% |
| 2011 | 5.44 per 100,000 adults | +0.4% |
| 2012 | 5.74 per 100,000 adults | +5.4% |
| 2013 | 5.9 per 100,000 adults | +2.9% |
| 2014 | 6.13 per 100,000 adults | +3.9% |
| 2015 | 7.22 per 100,000 adults | +17.8% |
| 2016 | 7.21 per 100,000 adults | -0.1% |
| 2017 | 8.68 per 100,000 adults | +20.4% |
| 2018 | 8.82 per 100,000 adults | +1.5% |
| 2019 | 8.58 per 100,000 adults | -2.7% |
| 2020 | 6.35 per 100,000 adults | -26.0% |
| 2021 | 11.87 per 100,000 adults | +87.1% |
| 2022 | 6.11 per 100,000 adults | -48.5% |
| 2023 | 5.85 per 100,000 adults | -4.3% |
| 2024 | 5.89 per 100,000 adults | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1 per 100,000 adults | 3.1 per 100,000 adults | 5.14 per 100,000 adults | 6 |
| 2010s | 6.91 per 100,000 adults | 5.42 per 100,000 adults | 8.82 per 100,000 adults | 10 |
| 2020s | 7.21 per 100,000 adults | 5.85 per 100,000 adults | 11.87 per 100,000 adults | 5 |
Countries ranked near Ghana
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 commercial bank branches in Ghana?
- Commercial bank branches in Ghana was 5.89 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Ghana?
- The highest recorded value was 11.87 per 100,000 adults in 2021.
- What is the lowest commercial bank branches recorded in Ghana?
- The lowest recorded value was 3.1 per 100,000 adults in 2004.
- How does Ghana rank for commercial bank branches?
- Ghana ranks 133rd out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Ghana?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.