Outstanding Deposits, Commercial Banks, of Which: Household Sector in Ghana
Ghana: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 98.82 billion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Ghana, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding deposits, commercial banks, of which: household sector in Ghana is 98.82 billion, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 44.8% on the previous year and up 800.8% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Ghana peaked at 98.82 billion in 2024 and was at its lowest, 1.26 billion, in 2005.
Ghana ranks 76th of 127 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.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.26 billion | — |
| 2006 | 1.82 billion | +44.4% |
| 2007 | 2.41 billion | +31.9% |
| 2008 | 2.99 billion | +24.4% |
| 2009 | 3.71 billion | +24.1% |
| 2010 | 4.87 billion | +31.2% |
| 2011 | 6.45 billion | +32.4% |
| 2012 | 7.43 billion | +15.2% |
| 2013 | 9.02 billion | +21.4% |
| 2014 | 10.97 billion | +21.6% |
| 2015 | 13.69 billion | +24.8% |
| 2016 | 16.71 billion | +22.1% |
| 2017 | 19.54 billion | +17.0% |
| 2018 | 24.09 billion | +23.3% |
| 2019 | 28.51 billion | +18.4% |
| 2020 | 37.53 billion | +31.6% |
| 2021 | 40.74 billion | +8.6% |
| 2022 | 52.04 billion | +27.7% |
| 2023 | 68.27 billion | +31.2% |
| 2024 | 98.82 billion | +44.8% |
Ghana compared with similar countries
- Ghana's 98.82 billion is below the median for lower middle income countries, which is 743.54 billion, 13% of the median. (22 countries reporting)
- Ghana's 98.82 billion is below the median for Sub-Saharan Africa, which is 284.32 billion, 35% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.44 billion | 1.26 billion | 3.71 billion | 5 |
| 2010s | 14.13 billion | 4.87 billion | 28.51 billion | 10 |
| 2020s | 59.48 billion | 37.53 billion | 98.82 billion | 5 |
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 outstanding deposits, commercial banks, of which: household sector in Ghana?
- Outstanding deposits, commercial banks, of which: household sector in Ghana was 98.82 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Ghana?
- The highest recorded value was 98.82 billion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Ghana?
- The lowest recorded value was 1.26 billion in 2005.
- How does Ghana rank for outstanding deposits, commercial banks, of which: household sector?
- Ghana ranks 76th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Ghana?
- Over the last ten years it is up 800.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.