Net domestic credit (current LCU), per unit of GDP in Ghana
Ghana: Net domestic credit (current LCU), per unit of GDP was 3.23 current LCU per US$ of GDP in 2024. ◆ Volatile
Net domestic credit (current LCU), per unit of GDP in Ghana, 1960–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for net domestic credit (current lcu), per unit of gdp in Ghana is 3.23 current LCU per US$ of GDP, measured in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 9.7% on the previous year and up 263.6% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Ghana peaked at 3.23 current LCU per US$ of GDP in 2024 and was at its lowest, -0 current LCU per US$ of GDP, in 1960.
Ghana ranks 113th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per unit of GDP in Ghana, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | -0 current LCU per US$ of GDP | — |
| 1961 | 0 current LCU per US$ of GDP | -271.0% |
| 1962 | 0 current LCU per US$ of GDP | +1.7% |
| 1963 | 0 current LCU per US$ of GDP | +48.4% |
| 1964 | 0 current LCU per US$ of GDP | +47.9% |
| 1965 | 0 current LCU per US$ of GDP | -7.0% |
| 1966 | 0 current LCU per US$ of GDP | +29.4% |
| 1967 | 0 current LCU per US$ of GDP | +44.2% |
| 1968 | 0 current LCU per US$ of GDP | +16.9% |
| 1969 | 0 current LCU per US$ of GDP | -11.1% |
| 1970 | 0 current LCU per US$ of GDP | -6.3% |
| 1971 | 0 current LCU per US$ of GDP | +13.1% |
| 1972 | 0 current LCU per US$ of GDP | +27.5% |
| 1973 | 0 current LCU per US$ of GDP | -27.5% |
| 1974 | 0 current LCU per US$ of GDP | +54.5% |
| 1975 | 0.0001 current LCU per US$ of GDP | +31.2% |
| 1976 | 0.0001 current LCU per US$ of GDP | +54.5% |
| 1977 | 0.0001 current LCU per US$ of GDP | +37.5% |
| 1978 | 0.0002 current LCU per US$ of GDP | +45.9% |
| 1979 | 0.0002 current LCU per US$ of GDP | +5.9% |
| 1980 | 0.0002 current LCU per US$ of GDP | +16.5% |
| 1981 | 0.0004 current LCU per US$ of GDP | +70.1% |
| 1982 | 0.0005 current LCU per US$ of GDP | +27.0% |
| 1983 | 0.0008 current LCU per US$ of GDP | +78.3% |
| 1984 | 0.0012 current LCU per US$ of GDP | +38.3% |
| 1985 | 0.0018 current LCU per US$ of GDP | +54.4% |
| 1986 | 0.0021 current LCU per US$ of GDP | +19.5% |
| 1987 | 0.0042 current LCU per US$ of GDP | +94.3% |
| 1988 | 0.0042 current LCU per US$ of GDP | +0.2% |
| 1989 | 0.0057 current LCU per US$ of GDP | +37.6% |
| 1990 | 0.0057 current LCU per US$ of GDP | -0.3% |
| 1991 | 0.006 current LCU per US$ of GDP | +5.5% |
| 1992 | 0.009 current LCU per US$ of GDP | +49.2% |
| 1993 | 0.0138 current LCU per US$ of GDP | +54.1% |
| 1994 | 0.0176 current LCU per US$ of GDP | +27.0% |
| 1995 | 0.0226 current LCU per US$ of GDP | +28.8% |
| 1996 | 0.03 current LCU per US$ of GDP | +32.6% |
| 1997 | 0.0522 current LCU per US$ of GDP | +73.9% |
| 1998 | 0.0568 current LCU per US$ of GDP | +8.7% |
| 1999 | 0.0867 current LCU per US$ of GDP | +52.7% |
| 2000 | 0.2141 current LCU per US$ of GDP | +146.9% |
| 2001 | 0.2516 current LCU per US$ of GDP | +17.5% |
| 2002 | 0.2741 current LCU per US$ of GDP | +8.9% |
| 2003 | 0.2333 current LCU per US$ of GDP | -14.9% |
| 2004 | 0.2827 current LCU per US$ of GDP | +21.1% |
| 2005 | 0.2792 current LCU per US$ of GDP | -1.2% |
| 2006 | 0.189 current LCU per US$ of GDP | -32.3% |
| 2007 | 0.2132 current LCU per US$ of GDP | +12.8% |
| 2008 | 0.3016 current LCU per US$ of GDP | +41.5% |
| 2009 | 0.4487 current LCU per US$ of GDP | +48.8% |
| 2010 | 0.4475 current LCU per US$ of GDP | -0.3% |
| 2011 | 0.4606 current LCU per US$ of GDP | +2.9% |
| 2012 | 0.6293 current LCU per US$ of GDP | +36.6% |
| 2013 | 0.5855 current LCU per US$ of GDP | -7.0% |
| 2014 | 0.8894 current LCU per US$ of GDP | +51.9% |
| 2015 | 1.13 current LCU per US$ of GDP | +27.2% |
| 2016 | 1.18 current LCU per US$ of GDP | +4.0% |
| 2017 | 1.3 current LCU per US$ of GDP | +10.3% |
| 2018 | 1.32 current LCU per US$ of GDP | +1.9% |
| 2019 | 1.46 current LCU per US$ of GDP | +10.6% |
| 2020 | 2.09 current LCU per US$ of GDP | +43.0% |
| 2021 | 2.13 current LCU per US$ of GDP | +1.9% |
| 2022 | 3.23 current LCU per US$ of GDP | +51.4% |
| 2023 | 2.95 current LCU per US$ of GDP | -8.6% |
| 2024 | 3.23 current LCU per US$ of GDP | +9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU per US$ of GDP | -0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 1970s | 0.0001 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0.0002 current LCU per US$ of GDP | 10 |
| 1980s | 0.0021 current LCU per US$ of GDP | 0.0002 current LCU per US$ of GDP | 0.0057 current LCU per US$ of GDP | 10 |
| 1990s | 0.0301 current LCU per US$ of GDP | 0.0057 current LCU per US$ of GDP | 0.0867 current LCU per US$ of GDP | 10 |
| 2000s | 0.2688 current LCU per US$ of GDP | 0.189 current LCU per US$ of GDP | 0.4487 current LCU per US$ of GDP | 10 |
| 2010s | 0.9401 current LCU per US$ of GDP | 0.4475 current LCU per US$ of GDP | 1.46 current LCU per US$ of GDP | 10 |
| 2020s | 2.73 current LCU per US$ of GDP | 2.09 current LCU per US$ of GDP | 3.23 current LCU per US$ of GDP | 5 |
Countries ranked near Ghana
- 110 Ethiopia 3.41 current LCU per US$ of GDP compare
- 111 Australia 3.32 current LCU per US$ of GDP compare
- 112 Macau, China 3.29 current LCU per US$ of GDP compare
- 114 United Arab Emirates 2.93 current LCU per US$ of GDP compare
- 115 Tunisia 2.9 current LCU per US$ of GDP compare
- 116 New Zealand 2.42 current LCU per US$ of GDP compare
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), 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)
- Total reserves (gold at national valuation) (SDR), per capita 155.67 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 61.26 % change on previous year (2024)
Frequently asked questions
- What is net domestic credit (current lcu), per unit of gdp in Ghana?
- Net domestic credit (current lcu), per unit of gdp in Ghana was 3.23 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Ghana?
- The highest recorded value was 3.23 current LCU per US$ of GDP in 2024.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Ghana?
- The lowest recorded value was -0 current LCU per US$ of GDP in 1960.
- How does Ghana rank for net domestic credit (current lcu), per unit of gdp?
- Ghana ranks 113th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Ghana?
- Over the last ten years it is up 263.6%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.