Pension fund assets to GDP in Ghana
Ghana: Pension fund assets to GDP was 5.5% in 2020. ▲ Rising
Pension fund assets to GDP in Ghana, 2014–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
In 2020, pension fund assets to gdp in Ghana stood at 5.5%. That is the highest value across all 7 years on record.
That represents a change of up 9.9% on the previous year and up 228.7% over ten years.
That places Ghana 69th out of 87 countries with data for 2020, putting it in the bottom quarter.
Pension fund assets to GDP in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2014 | 1.7% | — |
| 2015 | 2.6% | +55.9% |
| 2016 | 3.2% | +22.0% |
| 2017 | 4.3% | +36.0% |
| 2018 | 4.3% | +0.8% |
| 2019 | 5.0% | +14.8% |
| 2020 | 5.5% | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.5% | 1.7% | 5.0% | 6 |
| 2020s | 5.5% | 5.5% | 5.5% | 1 |
Countries ranked near Ghana
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), per unit of GDP 3.23 current LCU per US$ of GDP (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)
Frequently asked questions
- What is pension fund assets to gdp in Ghana?
- Pension fund assets to gdp in Ghana was 5.5% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest pension fund assets to gdp recorded in Ghana?
- The highest recorded value was 5.5% in 2020.
- What is the lowest pension fund assets to gdp recorded in Ghana?
- The lowest recorded value was 1.7% in 2014.
- How does Ghana rank for pension fund assets to gdp?
- Ghana ranks 69th out of 87 countries with data for 2020.
- Is pension fund assets to gdp rising or falling in Ghana?
- Over the last ten years it is up 228.7%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Pension fund assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of assets of pension funds to GDP. A pension fund is any plan, fund, or scheme that provides retirement income. Data taken from a variety of sources such as OECD, AIOS, FIAP and national sources.