Financial Markets Efficiency Index in Ghana
Ghana: Financial Markets Efficiency Index was 0.0044 in 2020. ◆ Volatile
Financial Markets Efficiency Index in Ghana, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial markets efficiency index in Ghana stood at 0.0044. That is the lowest value across all 41 years on record.
Compared with earlier readings it is down 95.7% on the previous year and down 89.8% over ten years.
Over the whole period, financial markets efficiency index in Ghana peaked at 0.1874 in 2004 and was at its lowest, 0.0044, in 2020.
That places Ghana 86th 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.
Financial Markets Efficiency Index in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0234 | — |
| 1981 | 0.0207 | -11.7% |
| 1982 | 0.0206 | -0.4% |
| 1983 | 0.0173 | -15.8% |
| 1984 | 0.0251 | +44.7% |
| 1985 | 0.0334 | +33.1% |
| 1986 | 0.0383 | +14.6% |
| 1987 | 0.0336 | -12.3% |
| 1988 | 0.0337 | +0.3% |
| 1989 | 0.0623 | +84.9% |
| 1990 | 0.051 | -18.1% |
| 1991 | 0.0412 | -19.2% |
| 1992 | 0.0395 | -4.0% |
| 1993 | 0.0414 | +4.9% |
| 1994 | 0.0448 | +8.2% |
| 1995 | 0.0139 | -68.9% |
| 1996 | 0.012 | -13.8% |
| 1997 | 0.0451 | +275.6% |
| 1998 | 0.051 | +12.9% |
| 1999 | 0.0267 | -47.6% |
| 2000 | 0.0172 | -35.6% |
| 2001 | 0.0551 | +220.7% |
| 2002 | 0.0353 | -36.0% |
| 2003 | 0.0848 | +140.6% |
| 2004 | 0.1874 | +120.9% |
| 2005 | 0.1032 | -44.9% |
| 2006 | 0.0838 | -18.8% |
| 2007 | 0.0747 | -10.8% |
| 2008 | 0.1245 | +66.5% |
| 2009 | 0.0263 | -78.8% |
| 2010 | 0.0426 | +61.8% |
| 2011 | 0.1012 | +137.5% |
| 2012 | 0.1012 | +0.0% |
| 2013 | 0.1012 | +0.0% |
| 2014 | 0.1012 | +0.0% |
| 2015 | 0.1012 | +0.0% |
| 2016 | 0.1012 | +0.0% |
| 2017 | 0.1012 | +0.0% |
| 2018 | 0.1012 | +0.0% |
| 2019 | 0.1012 | +0.0% |
| 2020 | 0.0044 | -95.7% |
Biggest year-on-year movements
Years where Financial Markets Efficiency 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 |
|---|---|---|---|
| 1997 | +275.6% | 0.012 | 0.0451 |
| 2001 | +220.7% | 0.0172 | 0.0551 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0308 | 0.0173 | 0.0623 | 10 |
| 1990s | 0.0367 | 0.012 | 0.051 | 10 |
| 2000s | 0.0792 | 0.0172 | 0.1874 | 10 |
| 2010s | 0.0954 | 0.0426 | 0.1012 | 10 |
| 2020s | 0.0044 | 0.0044 | 0.0044 | 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 markets efficiency index in Ghana?
- Financial markets efficiency index in Ghana was 0.0044 in 2020, according to International Monetary Fund.
- What is the highest financial markets efficiency index recorded in Ghana?
- The highest recorded value was 0.1874 in 2004.
- What is the lowest financial markets efficiency index recorded in Ghana?
- The lowest recorded value was 0.0044 in 2020.
- How does Ghana rank for financial markets efficiency index?
- Ghana ranks 86th out of 183 countries with data for 2020.
- Is financial markets efficiency index rising or falling in Ghana?
- Over the last ten years it is down 89.8%. 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 Efficiency 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.