Liquid liabilities to GDP (%) in Ghana
Ghana: Liquid liabilities to GDP (%) was 29.6% in 2021. ▲ Rising
Liquid liabilities to GDP in Ghana, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, liquid liabilities to gdp in Ghana stood at 29.6%.
That represents a change of down 11.3% on the previous year and down 11.2% over ten years.
Over the whole period, liquid liabilities to gdp in Ghana peaked at 33.4% in 2020 and was at its lowest, 5.2%, in 1962.
That places Ghana 153rd out of 186 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Liquid liabilities to GDP (%) in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 18.4% | — |
| 1961 | 18.7% | +1.7% |
| 1962 | 5.2% | -72.1% |
| 1963 | 8.3% | +59.5% |
| 1964 | 9.9% | +18.3% |
| 1965 | 7.8% | -20.4% |
| 1966 | 7.3% | -7.5% |
| 1967 | 8.3% | +14.0% |
| 1968 | 7.9% | -4.0% |
| 1969 | 7.7% | -2.8% |
| 1970 | 7.7% | -0.0% |
| 1971 | 7.7% | +0.3% |
| 1972 | 9.7% | +25.5% |
| 1973 | 9.2% | -4.8% |
| 1974 | 8.8% | -4.9% |
| 1975 | 10.7% | +21.7% |
| 1976 | 11.5% | +7.6% |
| 1977 | 11.1% | -3.3% |
| 1978 | 10.0% | -10.3% |
| 1979 | 8.6% | -13.9% |
| 1980 | 18.6% | +116.1% |
| 1981 | 16.6% | -10.7% |
| 1982 | 17.2% | +3.6% |
| 1983 | 11.3% | -34.1% |
| 1984 | 11.8% | +4.5% |
| 1985 | 13.6% | +15.3% |
| 1986 | 13.5% | -0.8% |
| 1987 | 14.2% | +5.1% |
| 1988 | 14.7% | +3.8% |
| 1989 | 16.9% | +14.7% |
| 1990 | 14.1% | -16.4% |
| 1991 | 15.6% | +10.0% |
| 1992 | 20.5% | +31.9% |
| 1993 | 19.8% | -3.4% |
| 1994 | 22.5% | +13.5% |
| 1995 | 21.6% | -3.9% |
| 1996 | 20.6% | -4.8% |
| 1997 | 23.8% | +15.8% |
| 1998 | 22.9% | -4.1% |
| 1999 | 24.1% | +5.4% |
| 2000 | 28.2% | +16.9% |
| 2001 | 26.5% | -6.1% |
| 2002 | 30.7% | +16.0% |
| 2003 | 30.4% | -0.9% |
| 2004 | 32.1% | +5.5% |
| 2005 | 28.8% | -10.2% |
| 2006 | 21.4% | -25.7% |
| 2007 | 25.7% | +20.1% |
| 2008 | 28.4% | +10.5% |
| 2009 | 30.9% | +8.8% |
| 2010 | 32.5% | +5.0% |
| 2011 | 33.3% | +2.6% |
| 2012 | 33.4% | +0.2% |
| 2013 | 24.9% | -25.3% |
| 2014 | 27.1% | +8.6% |
| 2015 | 29.6% | +9.2% |
| 2016 | 30.6% | +3.7% |
| 2017 | 30.0% | -2.0% |
| 2018 | 29.1% | -3.1% |
| 2019 | 29.1% | +0.2% |
| 2020 | 33.4% | +14.5% |
| 2021 | 29.6% | -11.3% |
Ghana compared with similar countries
- Ghana's 29.6% is below the median for lower middle income countries, which is 39.9%, 74% of the median. (46 countries reporting)
- Ghana's 29.6% is above the median for Sub-Saharan Africa, which is 29.1%, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Liquid liabilities to GDP (%) 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 |
|---|---|---|---|
| 1980 | +116.1% | 8.6% | 18.6% |
| 1962 | -72.1% | 18.7% | 5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.0% | 5.2% | 18.7% | 10 |
| 1970s | 9.5% | 7.7% | 11.5% | 10 |
| 1980s | 14.8% | 11.3% | 18.6% | 10 |
| 1990s | 20.6% | 14.1% | 24.1% | 10 |
| 2000s | 28.3% | 21.4% | 32.1% | 10 |
| 2010s | 30.0% | 24.9% | 33.4% | 10 |
| 2020s | 31.5% | 29.6% | 33.4% | 2 |
Countries ranked near Ghana
- 150 Haiti 31.4% compare
- 151 Nicaragua 31.4% compare
- 152 Sierra Leone 31.2% compare
- 154 Kazakhstan 29.6% compare
- 155 Eswatini 29.1% compare
- 156 Dominican Republic 28.9% compare
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 liquid liabilities to gdp in Ghana?
- Liquid liabilities to gdp in Ghana was 29.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Ghana?
- The highest recorded value was 33.4% in 2020.
- What is the lowest liquid liabilities to gdp recorded in Ghana?
- The lowest recorded value was 5.2% in 1962.
- How does Ghana rank for liquid liabilities to gdp?
- Ghana ranks 153rd out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in Ghana?
- Over the last ten years it is down 11.2%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.