Money and quasi money (M2), flow (current LCU) in Ghana
Ghana: Money and quasi money (M2), flow (current LCU) was 3.42 billion current LCU in 2011. ◆ Volatile
Money and quasi money (M2), flow in Ghana, 1961–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
The most recent figure for money and quasi money (m2), flow in Ghana is 3.42 billion current LCU, measured in 2011. That is the highest value across all 51 years on record.
That represents a change of up 51.8% on the previous year and up 692.1% over ten years.
Over the whole period, money and quasi money (m2), flow in Ghana peaked at 3.42 billion current LCU in 2011 and was at its lowest, -1.90 billion current LCU, in 2009.
That places Ghana 41st out of 52 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money and quasi money (M2), flow (current LCU) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | 1,340 current LCU | — |
| 1962 | 2,520 current LCU | +88.1% |
| 1963 | 1,650 current LCU | -34.5% |
| 1964 | 1.31 million current LCU | +79163.6% |
| 1965 | 1.60 million current LCU | +22.4% |
| 1966 | -2.90 million current LCU | -281.1% |
| 1967 | 389 current LCU | -100.0% |
| 1968 | 3,254 current LCU | +736.5% |
| 1969 | 3,674 current LCU | +12.9% |
| 1970 | 3,866 current LCU | +5.2% |
| 1971 | 4,752 current LCU | +22.9% |
| 1972 | 19,301 current LCU | +306.2% |
| 1973 | 12,585 current LCU | -34.8% |
| 1974 | 21,152 current LCU | +68.1% |
| 1975 | 38,108 current LCU | +80.2% |
| 1976 | 51,386 current LCU | +34.8% |
| 1977 | 114,568 current LCU | +123.0% |
| 1978 | 208,718 current LCU | +82.2% |
| 1979 | 80,928 current LCU | -61.2% |
| 1980 | 200,844 current LCU | +148.2% |
| 1981 | 408,002 current LCU | +103.1% |
| 1982 | 280,866 current LCU | -31.2% |
| 1983 | 596,625 current LCU | +112.4% |
| 1984 | 1.12 million current LCU | +87.0% |
| 1985 | 1.48 million current LCU | +32.3% |
| 1986 | 2.24 million current LCU | +51.8% |
| 1987 | 3.69 million current LCU | +64.6% |
| 1988 | 4.90 million current LCU | +33.1% |
| 1989 | 8.47 million current LCU | +72.8% |
| 1990 | 3.19 million current LCU | -62.4% |
| 1991 | 10.62 million current LCU | +232.9% |
| 1992 | 19.75 million current LCU | +86.1% |
| 1993 | 19.27 million current LCU | -2.4% |
| 1994 | 40.38 million current LCU | +109.5% |
| 1995 | 50.59 million current LCU | +25.3% |
| 1996 | 65.76 million current LCU | +30.0% |
| 1997 | 102.96 million current LCU | +56.6% |
| 1998 | 58.85 million current LCU | -42.8% |
| 1999 | 100.48 million current LCU | +70.7% |
| 2000 | 268.96 million current LCU | +167.7% |
| 2001 | 432.36 million current LCU | +60.8% |
| 2002 | 469.45 million current LCU | +8.6% |
| 2003 | 387.33 million current LCU | -17.5% |
| 2004 | 560.21 million current LCU | +44.6% |
| 2005 | 508.91 million current LCU | -9.2% |
| 2006 | 1.23 billion current LCU | +141.4% |
| 2007 | 1.60 billion current LCU | +30.5% |
| 2008 | 2.33 billion current LCU | +45.5% |
| 2009 | -1.90 billion current LCU | -181.6% |
| 2010 | 2.26 billion current LCU | -218.5% |
| 2011 | 3.42 billion current LCU | +51.8% |
Ghana compared with similar countries
- Ghana's 3.42 billion current LCU is below the median for lower middle income countries, which is 68.42 billion current LCU, 5% of the median. (24 countries reporting)
- Ghana's 3.42 billion current LCU is below the median for Sub-Saharan Africa, which is 49.09 billion current LCU, 7% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Money and quasi money (M2), flow (current LCU) 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 |
|---|---|---|---|
| 1964 | +79163.6% | 1,650 current LCU | 1.31 million current LCU |
| 1968 | +736.5% | 389 current LCU | 3,254 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2,540 current LCU | -2.90 million current LCU | 1.60 million current LCU | 9 |
| 1970s | 55,536 current LCU | 3,866 current LCU | 208,718 current LCU | 10 |
| 1980s | 2.34 million current LCU | 200,844 current LCU | 8.47 million current LCU | 10 |
| 1990s | 47.19 million current LCU | 3.19 million current LCU | 102.96 million current LCU | 10 |
| 2000s | 588.72 million current LCU | -1.90 billion current LCU | 2.33 billion current LCU | 10 |
| 2010s | 2.84 billion current LCU | 2.26 billion current LCU | 3.42 billion current LCU | 2 |
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 money and quasi money (m2), flow in Ghana?
- Money and quasi money (m2), flow in Ghana was 3.42 billion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest money and quasi money (m2), flow recorded in Ghana?
- The highest recorded value was 3.42 billion current LCU in 2011.
- What is the lowest money and quasi money (m2), flow recorded in Ghana?
- The lowest recorded value was -1.90 billion current LCU in 2009.
- How does Ghana rank for money and quasi money (m2), flow?
- Ghana ranks 41st out of 52 countries with data for 2011.
- Is money and quasi money (m2), flow rising or falling in Ghana?
- Over the last ten years it is up 692.1%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Money and quasi money (M2), flow (current LCU). Statizoid updates them automatically from the source API.
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About this data
Money and quasi money (M2), flow (current LCU) is the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.