Broad money to total reserves ratio in Ghana

Ghana: Broad money to total reserves ratio was 6.66 ratio in 2023. β–² Rising

Latest (2023)
6.66 ratio
Change on year
up 48.8%
World rank
28th
of 151 countries
All-time high
6.66 ratio
in 2023
All-time low
1.61 ratio
in 2003
Years of data
24
2000–2023

Broad money to total reserves ratio in Ghana, 2000–2023

2462000201120232000: 4.5 ratio2001: 4.4 ratio2002: 3.3 ratio2003: 1.6 ratio2004: 1.7 ratio2005: 1.8 ratio2006: 2.1 ratio2007: 2.9 ratio2008: 3.9 ratio2009: 2 ratio2010: 1.8 ratio2011: 2 ratio2012: 2.1 ratio2013: 2.5 ratio2014: 2.3 ratio2015: 2.2 ratio2016: 2.5 ratio2017: 2.2 ratio2018: 2.7 ratio2019: 2.4 ratio2020: 2.7 ratio2021: 2.5 ratio2022: 4.5 ratio2023: 6.7 ratio

Source: United Nations Statistics Division, SDG Global Database. Measured in ratio.

Analysis

The most recent figure for broad money to total reserves ratio in Ghana is 6.66 ratio, measured in 2023. That is the highest value across all 24 years on record.

That represents a change of up 48.8% on the previous year and up 169.5% over ten years.

Over the whole period, broad money to total reserves ratio in Ghana peaked at 6.66 ratio in 2023 and was at its lowest, 1.61 ratio, in 2003.

That places Ghana 28th out of 151 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.83 ratio 1.61 ratio 4.54 ratio 10
2010s 2.28 ratio 1.85 ratio 2.68 ratio 10
2020s 4.1 ratio 2.54 ratio 6.66 ratio 4

Countries ranked near Ghana

  1. 25 Egypt 7.25 ratio compare
  2. 26 Myanmar 7.13 ratio compare
  3. 27 Sri Lanka 6.92 ratio compare
  4. 29 Viet Nam 6.51 ratio compare
  5. 30 Venezuela (Bolivarian Republic of) 6.21 ratio compare
  6. 31 Congo 6.08 ratio compare

See the full ranking of 156 places β†’

More infrastructure data for Ghana

All data for Ghana β†’

Frequently asked questions

What is broad money to total reserves ratio in Ghana?
Broad money to total reserves ratio in Ghana was 6.66 ratio in 2023, according to United Nations Statistics Division, SDG Global Database.
What is the highest broad money to total reserves ratio recorded in Ghana?
The highest recorded value was 6.66 ratio in 2023.
What is the lowest broad money to total reserves ratio recorded in Ghana?
The lowest recorded value was 1.61 ratio in 2003.
How does Ghana rank for broad money to total reserves ratio?
Ghana ranks 28th out of 151 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Ghana?
Over the last ten years it is up 169.5%. The long-run trend across the full record is rising.
Where does this Ghana data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.

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Broad money to total reserves ratio in Ghana. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://infrastructure.statizoid.com/stat/broad-money-to-total-reserves-ratio-3/ghana/

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About this data

Indicator
Broad money to total reserves ratio
Unit
ratio
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
156 places, 3,515 data points, 2000–2024
Last refreshed