Currency in circulation outside of depository corporations in Ghana
Ghana: Currency in circulation outside of depository corporations was 63.43 billion Domestic currency in 2024. ◆ Volatile
Latest (2024)
63.43 billion Domestic currency
Change on year
up 70.7%
World rank
85th
of 145 countries
All-time high
63.43 billion Domestic currency
in 2024
All-time low
308.98 million Domestic currency
in 2001
Years of data
24
2001–2024
Currency in circulation outside of depository corporations in Ghana, 2001–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Ghana recorded 63.43 billion Domestic currency for currency in circulation outside of depository corporations in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 70.7% on the previous year and up 819.5% over ten years.
Over the whole period, currency in circulation outside of depository corporations in Ghana peaked at 63.43 billion Domestic currency in 2024 and was at its lowest, 308.98 million Domestic currency, in 2001.
That places Ghana 85th out of 145 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.
Currency in circulation outside of depository corporations in Ghana, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 308.98 million Domestic currency | — |
| 2002 | 467.16 million Domestic currency | +51.2% |
| 2003 | 633.77 million Domestic currency | +35.7% |
| 2004 | 730.34 million Domestic currency | +15.2% |
| 2005 | 803.23 million Domestic currency | +10.0% |
| 2006 | 1.02 billion Domestic currency | +26.9% |
| 2007 | 1.30 billion Domestic currency | +27.7% |
| 2008 | 1.66 billion Domestic currency | +27.8% |
| 2009 | 2.08 billion Domestic currency | +25.2% |
| 2010 | 2.93 billion Domestic currency | +40.6% |
| 2011 | 3.77 billion Domestic currency | +28.6% |
| 2012 | 4.92 billion Domestic currency | +30.7% |
| 2013 | 5.50 billion Domestic currency | +11.7% |
| 2014 | 6.90 billion Domestic currency | +25.4% |
| 2015 | 8.51 billion Domestic currency | +23.4% |
| 2016 | 10.15 billion Domestic currency | +19.3% |
| 2017 | 10.71 billion Domestic currency | +5.5% |
| 2018 | 11.94 billion Domestic currency | +11.5% |
| 2019 | 14.36 billion Domestic currency | +20.2% |
| 2020 | 20.89 billion Domestic currency | +45.5% |
| 2021 | 21.49 billion Domestic currency | +2.9% |
| 2022 | 31.04 billion Domestic currency | +44.4% |
| 2023 | 37.15 billion Domestic currency | +19.7% |
| 2024 | 63.43 billion Domestic currency | +70.7% |
Ghana compared with similar countries
- Ghana's 63.43 billion Domestic currency is below the median for lower middle income countries, which is 120.94 billion Domestic currency, 52% of the median. (41 countries reporting)
- Ghana's 63.43 billion Domestic currency is below the median for Sub-Saharan Africa, which is 355.54 billion Domestic currency, 18% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.00 billion Domestic currency | 308.98 million Domestic currency | 2.08 billion Domestic currency | 9 |
| 2010s | 7.97 billion Domestic currency | 2.93 billion Domestic currency | 14.36 billion Domestic currency | 10 |
| 2020s | 34.80 billion Domestic currency | 20.89 billion Domestic currency | 63.43 billion Domestic currency | 5 |
Countries ranked near Ghana
- 82 Comoros 72.47 billion Domestic currency compare
- 83 Honduras 68.40 billion Domestic currency compare
- 84 Mauritius 63.95 billion Domestic currency compare
- 86 Iceland 63.37 billion Domestic currency compare
- 87 Sweden 56.60 billion Domestic currency compare
- 88 North Macedonia 56.23 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 currency in circulation outside of depository corporations in Ghana?
- Currency in circulation outside of depository corporations in Ghana was 63.43 billion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest currency in circulation outside of depository corporations recorded in Ghana?
- The highest recorded value was 63.43 billion Domestic currency in 2024.
- What is the lowest currency in circulation outside of depository corporations recorded in Ghana?
- The lowest recorded value was 308.98 million Domestic currency in 2001.
- How does Ghana rank for currency in circulation outside of depository corporations?
- Ghana ranks 85th out of 145 countries with data for 2024.
- Is currency in circulation outside of depository corporations rising or falling in Ghana?
- Over the last ten years it is up 819.5%. 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 Currency in circulation outside of depository corporations (Domestic currency). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Monetary and Financial Statistics (MFS), Monetary Aggregates 2026 April