Credit to government and state-owned enterprises to GDP in Ghana
Ghana: Credit to government and state-owned enterprises to GDP was 15.9% in 2020. ◆ Volatile
Credit to government and state-owned enterprises to GDP in Ghana, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for credit to government and state-owned enterprises to gdp in Ghana is 15.9%, measured in 2020. That is the highest value across all 41 years on record.
The figure is up 22.4% on the previous year and up 85.0% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Ghana peaked at 15.9% in 2020 and was at its lowest, 0.3%, in 1994.
Ghana ranks 66th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to government and state-owned enterprises to GDP in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 1.8% | — |
| 1981 | 1.9% | +2.7% |
| 1982 | 2.1% | +11.8% |
| 1983 | 1.4% | -32.5% |
| 1984 | 0.8% | -40.4% |
| 1985 | 1.1% | +27.2% |
| 1986 | 0.8% | -22.8% |
| 1987 | 0.6% | -27.8% |
| 1988 | 0.5% | -21.3% |
| 1989 | 0.6% | +36.5% |
| 1990 | 0.6% | -13.5% |
| 1991 | 0.6% | +5.1% |
| 1992 | 1.1% | +85.8% |
| 1993 | 0.5% | -52.8% |
| 1994 | 0.3% | -50.5% |
| 1995 | 0.3% | +1.2% |
| 1996 | 0.5% | +102.8% |
| 1997 | 2.8% | +432.9% |
| 1998 | 4.3% | +55.4% |
| 1999 | 5.9% | +36.6% |
| 2000 | 6.6% | +12.5% |
| 2001 | 6.6% | +0.1% |
| 2002 | 6.1% | -7.8% |
| 2003 | 5.2% | -14.6% |
| 2004 | 5.4% | +4.3% |
| 2005 | 5.0% | -8.0% |
| 2006 | 5.6% | +12.6% |
| 2007 | 6.5% | +14.5% |
| 2008 | 6.2% | -3.6% |
| 2009 | 7.9% | +26.3% |
| 2010 | 8.6% | +9.1% |
| 2011 | 7.6% | -11.6% |
| 2012 | 7.9% | +3.8% |
| 2013 | 8.3% | +5.7% |
| 2014 | 8.0% | -3.8% |
| 2015 | 7.7% | -3.5% |
| 2016 | 8.1% | +4.6% |
| 2017 | 8.4% | +3.4% |
| 2018 | 12.0% | +44.0% |
| 2019 | 13.0% | +7.9% |
| 2020 | 15.9% | +22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.2% | 0.5% | 2.1% | 10 |
| 1990s | 1.7% | 0.3% | 5.9% | 10 |
| 2000s | 6.1% | 5.0% | 7.9% | 10 |
| 2010s | 9.0% | 7.6% | 13.0% | 10 |
| 2020s | 15.9% | 15.9% | 15.9% | 1 |
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 credit to government and state-owned enterprises to gdp in Ghana?
- Credit to government and state-owned enterprises to gdp in Ghana was 15.9% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Ghana?
- The highest recorded value was 15.9% in 2020.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Ghana?
- The lowest recorded value was 0.3% in 1994.
- How does Ghana rank for credit to government and state-owned enterprises to gdp?
- Ghana ranks 66th out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Ghana?
- Over the last ten years it is up 85.0%. 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 Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).