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Broad Money (Local Currency) rose 37.4% to GHS 266 bil in Ghana in 2023

Broad Money (Local Currency) (GHS bil), 2023
Economy | Ghana | September 1, 2025
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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