Financial Markets Depth Index in Ghana
Ghana: Financial Markets Depth Index was 0.0983 in 2020. β Volatile
Financial Markets Depth Index in Ghana, 1980β2020
Source: International Monetary Fund.
Analysis
Ghana recorded 0.0983 for financial markets depth index in 2020.
The figure is up 13.3% on the previous year and up 72.9% over ten years.
Over the whole period, financial markets depth index in Ghana peaked at 0.1041 in 1994 and was at its lowest, 0.0065, in 1983.
That places Ghana 87th out of 183 countries with data for 2020, putting it 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 | 0.0115 | 0.0065 | 0.0232 | 10 |
| 1990s | 0.0481 | 0.0147 | 0.1041 | 10 |
| 2000s | 0.0448 | 0.0196 | 0.0627 | 10 |
| 2010s | 0.0698 | 0.0488 | 0.1013 | 10 |
| 2020s | 0.0983 | 0.0983 | 0.0983 | 1 |
Countries ranked near Ghana
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 markets depth index in Ghana?
- Financial markets depth index in Ghana was 0.0983 in 2020, according to International Monetary Fund.
- What is the highest financial markets depth index recorded in Ghana?
- The highest recorded value was 0.1041 in 1994.
- What is the lowest financial markets depth index recorded in Ghana?
- The lowest recorded value was 0.0065 in 1983.
- How does Ghana rank for financial markets depth index?
- Ghana ranks 87th out of 183 countries with data for 2020.
- Is financial markets depth index rising or falling in Ghana?
- Over the last ten years it is up 72.9%. 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 Markets Depth 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.