Foreign banks among total banks (%) in Ghana
Ghana: Foreign banks among total banks (%) was 63.0% in 2013. ▲ Rising
Foreign banks among total banks in Ghana, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Ghana stood at 63.0%. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 34.0% over ten years.
Over the whole period, foreign banks among total banks in Ghana peaked at 63.0% in 2012 and was at its lowest, 40.0%, in 1997.
Ghana ranks 41st of 137 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 45.0% | — |
| 1996 | 46.0% | +2.2% |
| 1997 | 40.0% | -13.0% |
| 1998 | 40.0% | +0.0% |
| 1999 | 40.0% | +0.0% |
| 2000 | 40.0% | +0.0% |
| 2001 | 43.0% | +7.5% |
| 2002 | 40.0% | -7.0% |
| 2003 | 47.0% | +17.5% |
| 2004 | 53.0% | +12.8% |
| 2005 | 58.0% | +9.4% |
| 2006 | 52.0% | -10.3% |
| 2007 | 48.0% | -7.7% |
| 2008 | 48.0% | +0.0% |
| 2009 | 50.0% | +4.2% |
| 2010 | 55.0% | +10.0% |
| 2011 | 62.0% | +12.7% |
| 2012 | 63.0% | +1.6% |
| 2013 | 63.0% | +0.0% |
Ghana compared with similar countries
- Ghana's 63.0% is above the median for lower middle income countries, which is 43.0%, 1.5× the median. (31 countries reporting)
- Ghana's 63.0% is above the median for Sub-Saharan Africa, which is 60.0%, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.2% | 40.0% | 46.0% | 5 |
| 2000s | 47.9% | 40.0% | 58.0% | 10 |
| 2010s | 60.8% | 55.0% | 63.0% | 4 |
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 foreign banks among total banks in Ghana?
- Foreign banks among total banks in Ghana was 63.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Ghana?
- The highest recorded value was 63.0% in 2012.
- What is the lowest foreign banks among total banks recorded in Ghana?
- The lowest recorded value was 40.0% in 1997.
- How does Ghana rank for foreign banks among total banks?
- Ghana ranks 41st out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Ghana?
- Over the last ten years it is up 34.0%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.