External loans and deposits of reporting banks vis-à-vis all sectors in Ghana
Ghana: External loans and deposits of reporting banks vis-à-vis all sectors was 21.2% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis all sectors in Ghana, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2021, external loans and deposits of reporting banks vis-à-vis all sectors in Ghana stood at 21.2%.
Compared with earlier readings it is down 6.9% on the previous year and down 4.7% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Ghana peaked at 109.7% in 1995 and was at its lowest, 20.5%, in 2018.
Ghana ranks 93rd of 181 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.
External loans and deposits of reporting banks vis-à-vis all sectors in Ghana, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 109.7% | — |
| 1996 | 106.4% | -3.1% |
| 1997 | 92.4% | -13.1% |
| 1998 | 72.2% | -21.8% |
| 1999 | 68.3% | -5.4% |
| 2000 | 97.6% | +42.9% |
| 2001 | 91.1% | -6.6% |
| 2002 | 83.1% | -8.8% |
| 2003 | 95.6% | +15.0% |
| 2004 | 81.8% | -14.4% |
| 2005 | 66.4% | -18.8% |
| 2006 | 54.2% | -18.4% |
| 2007 | 30.7% | -43.3% |
| 2008 | 21.6% | -29.7% |
| 2009 | 21.6% | +0.0% |
| 2010 | 26.5% | +22.5% |
| 2011 | 22.3% | -15.8% |
| 2012 | 28.1% | +26.3% |
| 2013 | 27.4% | -2.6% |
| 2014 | 26.7% | -2.7% |
| 2015 | 30.1% | +13.0% |
| 2016 | 29.7% | -1.4% |
| 2017 | 25.5% | -14.2% |
| 2018 | 20.5% | -19.7% |
| 2019 | 25.5% | +24.5% |
| 2020 | 22.8% | -10.5% |
| 2021 | 21.2% | -6.9% |
Ghana compared with similar countries
- Ghana's 21.2% is below the median for lower middle income countries, which is 23.3%, 91% of the median. (46 countries reporting)
- Ghana's 21.2% is below the median for Sub-Saharan Africa, which is 27.1%, 78% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 89.8% | 68.3% | 109.7% | 5 |
| 2000s | 64.4% | 21.6% | 97.6% | 10 |
| 2010s | 26.2% | 20.5% | 30.1% | 10 |
| 2020s | 22.0% | 21.2% | 22.8% | 2 |
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 external loans and deposits of reporting banks vis-à-vis all sectors in Ghana?
- External loans and deposits of reporting banks vis-à-vis all sectors in Ghana was 21.2% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Ghana?
- The highest recorded value was 109.7% in 1995.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Ghana?
- The lowest recorded value was 20.5% in 2018.
- How does Ghana rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Ghana ranks 93rd out of 181 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Ghana?
- Over the last ten years it is down 4.7%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.