External loans and deposits of reporting banks vis-à-vis the banking in Ghana
Ghana: External loans and deposits of reporting banks vis-à-vis the banking was 5.8% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Ghana, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
The most recent figure for external loans and deposits of reporting banks vis-à-vis the banking in Ghana is 5.8%, measured in 2021. That is the lowest value across all 27 years on record.
The figure is down 26.0% on the previous year and down 57.7% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Ghana peaked at 70.3% in 1995 and was at its lowest, 5.8%, in 2021.
That places Ghana 129th out of 180 countries with data for 2021, putting it 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 the banking in Ghana, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 70.3% | — |
| 1996 | 64.5% | -8.3% |
| 1997 | 50.3% | -22.0% |
| 1998 | 39.7% | -21.0% |
| 1999 | 29.0% | -27.0% |
| 2000 | 45.5% | +56.9% |
| 2001 | 36.2% | -20.4% |
| 2002 | 40.4% | +11.6% |
| 2003 | 55.5% | +37.4% |
| 2004 | 46.6% | -16.1% |
| 2005 | 37.6% | -19.2% |
| 2006 | 29.2% | -22.4% |
| 2007 | 16.1% | -45.0% |
| 2008 | 10.2% | -36.8% |
| 2009 | 10.6% | +4.4% |
| 2010 | 15.2% | +42.8% |
| 2011 | 13.8% | -9.1% |
| 2012 | 13.2% | -4.2% |
| 2013 | 13.6% | +3.2% |
| 2014 | 12.9% | -5.5% |
| 2015 | 14.3% | +11.2% |
| 2016 | 14.0% | -2.0% |
| 2017 | 11.2% | -20.0% |
| 2018 | 6.4% | -42.6% |
| 2019 | 10.6% | +65.1% |
| 2020 | 7.9% | -25.9% |
| 2021 | 5.8% | -26.0% |
Ghana compared with similar countries
- Ghana's 5.8% is below the median for lower middle income countries, which is 10.0%, 58% of the median. (46 countries reporting)
- Ghana's 5.8% is below the median for Sub-Saharan Africa, which is 9.6%, 60% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 50.8% | 29.0% | 70.3% | 5 |
| 2000s | 32.8% | 10.2% | 55.5% | 10 |
| 2010s | 12.5% | 6.4% | 15.2% | 10 |
| 2020s | 6.9% | 5.8% | 7.9% | 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 the banking in Ghana?
- External loans and deposits of reporting banks vis-à-vis the banking in Ghana was 5.8% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Ghana?
- The highest recorded value was 70.3% in 1995.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Ghana?
- The lowest recorded value was 5.8% in 2021.
- How does Ghana rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Ghana ranks 129th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Ghana?
- Over the last ten years it is down 57.7%. 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 the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
Download this data
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About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.