Net domestic credit, flow (current LCU) in Ghana
Ghana: Net domestic credit, flow (current LCU) was 3.37 billion current LCU in 2011. ◆ Volatile
Net domestic credit, flow in Ghana, 1961–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
In 2011, net domestic credit, flow in Ghana stood at 3.37 billion current LCU. That is the highest value across all 51 years on record.
The figure is up 31.9% on the previous year and up 1,148.0% over ten years.
Over the whole period, net domestic credit, flow in Ghana peaked at 3.37 billion current LCU in 2011 and was at its lowest, 730 current LCU, in 1962.
Ghana ranks 39th of 52 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, flow (current LCU) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | 14,320 current LCU | — |
| 1962 | 730 current LCU | -94.9% |
| 1963 | 6,530 current LCU | +794.5% |
| 1964 | 10,930 current LCU | +67.4% |
| 1965 | 2,840 current LCU | -74.0% |
| 1966 | 10,310 current LCU | +263.0% |
| 1967 | 7,519 current LCU | -27.1% |
| 1968 | 5,555 current LCU | -26.1% |
| 1969 | 2,491 current LCU | -55.2% |
| 1970 | 3,221 current LCU | +29.3% |
| 1971 | 13,915 current LCU | +332.1% |
| 1972 | 8,374 current LCU | -39.8% |
| 1973 | 2,605 current LCU | -68.9% |
| 1974 | 41,094 current LCU | +1477.3% |
| 1975 | 34,376 current LCU | -16.3% |
| 1976 | 83,106 current LCU | +141.8% |
| 1977 | 142,240 current LCU | +71.2% |
| 1978 | 260,163 current LCU | +82.9% |
| 1979 | 104,830 current LCU | -59.7% |
| 1980 | 216,298 current LCU | +106.3% |
| 1981 | 594,700 current LCU | +174.9% |
| 1982 | 334,369 current LCU | -43.8% |
| 1983 | 1.50 million current LCU | +348.9% |
| 1984 | 1.71 million current LCU | +13.9% |
| 1985 | 2.94 million current LCU | +72.1% |
| 1986 | 4.20 million current LCU | +42.8% |
| 1987 | 8.81 million current LCU | +109.6% |
| 1988 | 563,618 current LCU | -93.6% |
| 1989 | 8.45 million current LCU | +1399.3% |
| 1990 | 3.54 million current LCU | -58.0% |
| 1991 | 6.14 million current LCU | +73.2% |
| 1992 | 17.89 million current LCU | +191.3% |
| 1993 | 25.00 million current LCU | +39.8% |
| 1994 | 13.11 million current LCU | -47.6% |
| 1995 | 50.64 million current LCU | +286.3% |
| 1996 | 61.82 million current LCU | +22.1% |
| 1997 | 151.81 million current LCU | +145.6% |
| 1998 | 64.89 million current LCU | -57.3% |
| 1999 | 244.38 million current LCU | +276.6% |
| 2000 | 397.71 million current LCU | +62.7% |
| 2001 | 270.40 million current LCU | -32.0% |
| 2002 | 352.78 million current LCU | +30.5% |
| 2003 | 90.88 million current LCU | -74.2% |
| 2004 | 729.47 million current LCU | +702.7% |
| 2005 | 488.94 million current LCU | -33.0% |
| 2006 | 948.09 million current LCU | +93.9% |
| 2007 | 1.35 billion current LCU | +42.0% |
| 2008 | 3.13 billion current LCU | +132.2% |
| 2009 | 2.08 billion current LCU | -33.3% |
| 2010 | 2.56 billion current LCU | +22.8% |
| 2011 | 3.37 billion current LCU | +31.9% |
Ghana compared with similar countries
- Ghana's 3.37 billion current LCU is below the median for lower middle income countries, which is 66.96 billion current LCU, 5% of the median. (24 countries reporting)
- Ghana's 3.37 billion current LCU is below the median for Sub-Saharan Africa, which is 37.43 billion current LCU, 9% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit, 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 |
|---|---|---|---|
| 1974 | +1477.3% | 2,605 current LCU | 41,094 current LCU |
| 1989 | +1399.3% | 563,618 current LCU | 8.45 million current LCU |
| 1963 | +794.5% | 730 current LCU | 6,530 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6,803 current LCU | 730 current LCU | 14,320 current LCU | 9 |
| 1970s | 69,392 current LCU | 2,605 current LCU | 260,163 current LCU | 10 |
| 1980s | 2.93 million current LCU | 216,298 current LCU | 8.81 million current LCU | 10 |
| 1990s | 63.92 million current LCU | 3.54 million current LCU | 244.38 million current LCU | 10 |
| 2000s | 983.43 million current LCU | 90.88 million current LCU | 3.13 billion current LCU | 10 |
| 2010s | 2.97 billion current LCU | 2.56 billion current LCU | 3.37 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 net domestic credit, flow in Ghana?
- Net domestic credit, flow in Ghana was 3.37 billion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest net domestic credit, flow recorded in Ghana?
- The highest recorded value was 3.37 billion current LCU in 2011.
- What is the lowest net domestic credit, flow recorded in Ghana?
- The lowest recorded value was 730 current LCU in 1962.
- How does Ghana rank for net domestic credit, flow?
- Ghana ranks 39th out of 52 countries with data for 2011.
- Is net domestic credit, flow rising or falling in Ghana?
- Over the last ten years it is up 1,148.0%. 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 Net domestic credit, flow (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net credit to the non financial public sector, credit to the private sector, and other accounts. Data are in current local currency.