Broad money rose 37.4% to GHS 266 bil in Ghana in 2023, according to the National Statistical Office.
Historically, broad money in Ghana reached an all time high of GHS 266 bil in 2023 and an all time low of GHS < 0.001 bil in 1960. When compared to Ghana's main peers, broad money in Benin amounted to XOF 3,614 bil, XOF 17,440 bil in Ivory Coast and XOF 2,782 bil in Togo in 2023.
Ghana has been ranked 78th within the group of 107 countries we follow in terms of broad money, 43 places above the position seen 10 years ago.
Broad Money (Local Currency) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Benin | XOF bil | 2,213 | 2,346 | 2,752 | 3,211 | 3,628 | ||||||||||||||||
Burkina Faso | XOF bil | 3,718 | 4,056 | 4,779 | 5,585 | 5,717 | ||||||||||||||||
Ghana | GHS bil | 77.5 | 94.1 | 121 | 147 | 193 | ... | |||||||||||||||
Guinea | GNF bil | 23,722 | 29,275 | 35,949 | 39,064 | ... | ... | ... | ||||||||||||||
Ivory Coast | XOF bil | 9,724 | 10,770 | 13,043 | 15,487 | 16,879 | ||||||||||||||||
Liberia | LRD bil | 0.701 | 0.649 | 0.665 | ... | ... | ... | ... | ||||||||||||||
Mali | XOF bil | 2,703 | 2,821 | 3,167 | 4,320 | 4,783 | ||||||||||||||||
Niger | XOF bil | 1,126 | 1,296 | 1,516 | 1,664 | 1,862 | ||||||||||||||||
Nigeria | NGN bil | 32,740 | 34,851 | 38,905 | 44,444 | 52,187 | ... | ... | ||||||||||||||
Togo | XOF bil | 1,726 | 1,804 | 2,013 | 2,261 | 2,608 |