Services, Credit/Revenue in Ghana
Ghana: Services, Credit/Revenue was 9.27 billion in 2024. ◆ Volatile
Services, Credit/Revenue in Ghana, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, credit/revenue in Ghana is 9.27 billion, measured in 2024.
That represents a change of up 6.0% on the previous year and up 353.4% over ten years.
Over the whole period, services, credit/revenue in Ghana peaked at 9.92 billion in 2019 and was at its lowest, 1.11 billion, in 2005.
Ghana ranks 72nd of 198 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.
Services, Credit/Revenue in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.11 billion | — |
| 2006 | 1.38 billion | +25.0% |
| 2007 | 1.83 billion | +32.5% |
| 2008 | 1.80 billion | -1.7% |
| 2009 | 1.77 billion | -1.7% |
| 2010 | 1.48 billion | -16.5% |
| 2011 | 1.81 billion | +22.5% |
| 2012 | 3.26 billion | +80.1% |
| 2013 | 2.45 billion | -24.7% |
| 2014 | 2.04 billion | -16.7% |
| 2015 | 6.14 billion | +200.4% |
| 2016 | 6.33 billion | +3.1% |
| 2017 | 6.60 billion | +4.2% |
| 2018 | 7.57 billion | +14.7% |
| 2019 | 9.92 billion | +31.1% |
| 2020 | 7.61 billion | -23.4% |
| 2021 | 9.14 billion | +20.2% |
| 2022 | 8.30 billion | -9.2% |
| 2023 | 8.75 billion | +5.4% |
| 2024 | 9.27 billion | +6.0% |
Ghana compared with similar countries
- Ghana's 9.27 billion is above the median for lower middle income countries, which is 1.29 billion, 7.2× the median. (46 countries reporting)
- Ghana's 9.27 billion is above the median for Sub-Saharan Africa, which is 514.12 million, 18.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue 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 |
|---|---|---|---|
| 2015 | +200.4% | 2.04 billion | 6.14 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.58 billion | 1.11 billion | 1.83 billion | 5 |
| 2010s | 4.76 billion | 1.48 billion | 9.92 billion | 10 |
| 2020s | 8.61 billion | 7.61 billion | 9.27 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 services, credit/revenue in Ghana?
- Services, credit/revenue in Ghana was 9.27 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Ghana?
- The highest recorded value was 9.92 billion in 2019.
- What is the lowest services, credit/revenue recorded in Ghana?
- The lowest recorded value was 1.11 billion in 2005.
- How does Ghana rank for services, credit/revenue?
- Ghana ranks 72nd out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Ghana?
- Over the last ten years it is up 353.4%. 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 Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.