Broad money to total reserves ratio (United Nations) in Ghana
Ghana: Broad money to total reserves ratio (United Nations) was 6.66 in 2023. ▲ Rising
Broad money to total reserves ratio in Ghana, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for broad money to total reserves ratio in Ghana is 6.66, 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 in 2023 and was at its lowest, 1.61, in 2003.
That places Ghana 31st out of 164 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.
Broad money to total reserves ratio (United Nations) in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.54 | — |
| 2001 | 4.45 | -2.2% |
| 2002 | 3.31 | -25.6% |
| 2003 | 1.61 | -51.3% |
| 2004 | 1.66 | +3.0% |
| 2005 | 1.82 | +9.5% |
| 2006 | 2.1 | +15.2% |
| 2007 | 2.88 | +37.3% |
| 2008 | 3.91 | +35.9% |
| 2009 | 1.99 | -49.0% |
| 2010 | 1.85 | -7.2% |
| 2011 | 2.03 | +9.9% |
| 2012 | 2.15 | +5.7% |
| 2013 | 2.47 | +15.0% |
| 2014 | 2.32 | -5.9% |
| 2015 | 2.21 | -4.9% |
| 2016 | 2.52 | +13.8% |
| 2017 | 2.19 | -12.8% |
| 2018 | 2.68 | +22.4% |
| 2019 | 2.39 | -11.2% |
| 2020 | 2.74 | +14.7% |
| 2021 | 2.54 | -7.0% |
| 2022 | 4.47 | +75.7% |
| 2023 | 6.66 | +48.8% |
Ghana compared with similar countries
- Ghana's 6.66 is above the median for lower middle income countries, which is 2.92, 2.3× the median. (38 countries reporting)
- Ghana's 6.66 is above the median for Sub-Saharan Africa, which is 2.71, 2.5× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.83 | 1.61 | 4.54 | 10 |
| 2010s | 2.28 | 1.85 | 2.68 | 10 |
| 2020s | 4.1 | 2.54 | 6.66 | 4 |
Countries ranked near Ghana
More infrastructure data for Ghana
- Mobile cellular subscriptions 39.13 million (2024)
- Mobile cellular subscriptions 113.65 per 100 people (2024)
- Fixed telephone subscriptions 269,356 (2024)
- Fixed telephone subscriptions 0.7824 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.0078 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -15.42 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 269,356 (2024)
- Mobile cellular subscriptions, per capita 1.14 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0005 units per US$ of GDP (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Ghana?
- Broad money to total reserves ratio in Ghana was 6.66 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 in 2023.
- What is the lowest broad money to total reserves ratio recorded in Ghana?
- The lowest recorded value was 1.61 in 2003.
- How does Ghana rank for broad money to total reserves ratio?
- Ghana ranks 31st out of 164 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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CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).