Financial Institutions Access Index in Ghana
Ghana: Financial Institutions Access Index was 0.1471 in 2020. β Volatile
Financial Institutions Access Index in Ghana, 1980β2020
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.
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
- 132 Lao People's Democratic Republic 0.1573 compare
- 133 Norway 0.1539 compare
- 134 Bangladesh 0.1481 compare
- 136 Libya 0.1441 compare
- 137 Equatorial Guinea, Republic of 0.1298 compare
- 138 Kiribati 0.1284 compare
More financial sector data for Ghana
- Net domestic credit (current LCU), per capita 7,823 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 3.23 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 13.42 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 9.84 million SDR (2023)
- Gold reserves at market value 431.95 million SDR (2023)
- Reserves excluding gold, foreign exchange 3.34 billion SDR (2024)
- Reserves excluding gold 3.43 billion SDR (2024)
- Total reserves (gold at market value) 3.43 billion SDR (2024)
- Total reserves (gold at national valuation) 5.36 billion SDR (2024)
- Domestic credit to private sector by banks 8.2% (2024)
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 Β· JSON β 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.