Currency in circulation outside of depository corporations in Ghana
Ghana: Currency in circulation outside of depository corporations was 72.92 billion Domestic currency in 2025. ◆ Volatile
Currency in circulation outside of depository corporations in Ghana, 2001–2025
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Ghana recorded 72.92 billion Domestic currency for currency in circulation outside of depository corporations in 2025. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 15.0% on the previous year and up 756.9% over ten years.
Over the whole period, currency in circulation outside of depository corporations in Ghana peaked at 72.92 billion Domestic currency in 2025 and was at its lowest, 308.98 million Domestic currency, in 2001.
Ghana ranks 82nd of 145 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.
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% |
| 2025 | 72.92 billion Domestic currency | +15.0% |
Ghana compared with similar countries
- Ghana's 72.92 billion Domestic currency is below the median for lower middle income countries, which is 120.94 billion Domestic currency, 60% of the median. (41 countries reporting)
- Ghana's 72.92 billion Domestic currency is below the median for Sub-Saharan Africa, which is 355.54 billion Domestic currency, 21% 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 | 41.15 billion Domestic currency | 20.89 billion Domestic currency | 72.92 billion Domestic currency | 6 |
Countries ranked near Ghana
- 79 Bolivia, Plurinational State of 91.03 billion Domestic currency compare
- 80 Peru 80.18 billion Domestic currency compare
- 81 Mozambique 74.95 billion Domestic currency compare
- 83 Comoros 72.47 billion Domestic currency compare
- 84 Honduras 68.39 billion Domestic currency compare
- 85 Mauritius 63.95 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 72.92 billion Domestic currency in 2025, according to International Monetary Fund.
- What is the highest currency in circulation outside of depository corporations recorded in Ghana?
- The highest recorded value was 72.92 billion Domestic currency in 2025.
- 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 82nd out of 145 countries with data for 2025.
- Is currency in circulation outside of depository corporations rising or falling in Ghana?
- Over the last ten years it is up 756.9%. 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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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.