Financial Institutions Access Index in Ghana
Ghana: Financial Institutions Access Index was 0.1471 in 2020. ◆ Volatile
Financial Institutions Access Index in Ghana, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions access index in Ghana is 0.1471, measured in 2020.
That represents a change of up 0.9% on the previous year and up 91.9% over ten years.
Over the whole period, financial institutions access index in Ghana peaked at 0.1474 in 2018 and was at its lowest, 0.014, in 1983.
Ghana ranks 135th of 183 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.
Financial Institutions Access Index in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0189 | — |
| 1981 | 0.0167 | -11.7% |
| 1982 | 0.0167 | -0.4% |
| 1983 | 0.014 | -15.8% |
| 1984 | 0.0203 | +44.7% |
| 1985 | 0.027 | +33.1% |
| 1986 | 0.031 | +14.6% |
| 1987 | 0.0272 | -12.3% |
| 1988 | 0.0273 | +0.3% |
| 1989 | 0.0504 | +84.9% |
| 1990 | 0.0413 | -18.1% |
| 1991 | 0.0333 | -19.2% |
| 1992 | 0.032 | -4.0% |
| 1993 | 0.0335 | +4.9% |
| 1994 | 0.0304 | -9.5% |
| 1995 | 0.0276 | -9.1% |
| 1996 | 0.0304 | +10.2% |
| 1997 | 0.0346 | +13.9% |
| 1998 | 0.0354 | +2.1% |
| 1999 | 0.0431 | +22.0% |
| 2000 | 0.0454 | +5.1% |
| 2001 | 0.0399 | -12.1% |
| 2002 | 0.0423 | +6.1% |
| 2003 | 0.0432 | +2.0% |
| 2004 | 0.0451 | +4.6% |
| 2005 | 0.0476 | +5.4% |
| 2006 | 0.0529 | +11.2% |
| 2007 | 0.067 | +26.6% |
| 2008 | 0.0699 | +4.3% |
| 2009 | 0.0736 | +5.4% |
| 2010 | 0.0767 | +4.2% |
| 2011 | 0.0774 | +0.9% |
| 2012 | 0.0866 | +11.9% |
| 2013 | 0.0997 | +15.2% |
| 2014 | 0.1023 | +2.6% |
| 2015 | 0.1231 | +20.3% |
| 2016 | 0.1272 | +3.4% |
| 2017 | 0.145 | +14.0% |
| 2018 | 0.1474 | +1.7% |
| 2019 | 0.1458 | -1.1% |
| 2020 | 0.1471 | +0.9% |
Ghana compared with similar countries
- Ghana's 0.1471 is below the median for lower middle income countries, which is 0.1657, 89% of the median. (45 countries reporting)
- Ghana's 0.1471 is above the median for Sub-Saharan Africa, which is 0.0774, 1.9× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Access Index in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +84.9% | 0.0273 | 0.0504 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.025 | 0.014 | 0.0504 | 10 |
| 1990s | 0.0342 | 0.0276 | 0.0431 | 10 |
| 2000s | 0.0527 | 0.0399 | 0.0736 | 10 |
| 2010s | 0.1131 | 0.0767 | 0.1474 | 10 |
| 2020s | 0.1471 | 0.1471 | 0.1471 | 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 financial institutions access index in Ghana?
- Financial institutions access index in Ghana was 0.1471 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Ghana?
- The highest recorded value was 0.1474 in 2018.
- What is the lowest financial institutions access index recorded in Ghana?
- The lowest recorded value was 0.014 in 1983.
- How does Ghana rank for financial institutions access index?
- Ghana ranks 135th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Ghana?
- Over the last ten years it is up 91.9%. 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 Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.