Ghana Domestic Credit Growth

1968 - 2022 | Monthly | % | CEIC Data

Key information about Ghana Domestic Credit Growth

  • Ghana Domestic Credit increased 24.9 % YoY in Feb 2022, compared with an increase of 21.7 % YoY in the previous month
  • Ghana Domestic Credit Growth YoY data is updated monthly
  • It averaged 31.1 %, available from Jan 1968 to Feb 2022
  • The data reached an all-time high of 110.4 % in Aug 1984 and a record low of -8.5 % in Aug 1973

CEIC calculates monthly Domestic Credit Growth from monthly Domestic Credit. The International Monetary Fund provides Domestic Credit in local currency. Domestic Credit Growth prior to December 2002 is based on an older methodology

View Ghana's Domestic Credit Growth from Jan 1968 to Feb 2022 in the chart:

Ghana Domestic Credit Growth

What was Ghana's Domestic Credit Growth in Feb 2022?

Ghana Domestic Credit increased 24.9 % YoY in Feb 2022, compared with an increase of 21.7 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
24.9 Feb 2022 21.7 Jan 2022 -8.5 Aug 1973 110.4 Aug 1984 % monthly Jan 1968 - Feb 2022

Domestic Credit Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 4.6 Jul 2022 monthly Dec 2003 - Jul 2022
Algeria (%) 10.9 Jun 2022 monthly Dec 2002 - Jun 2022
Argentina (%) 24.1 Jul 2018 monthly Jan 1991 - Jul 2018
Armenia (%) 3.9 Jun 2022 monthly Dec 1994 - Jun 2022
Australia (%) 8.7 Mar 2022 monthly Dec 2002 - Mar 2022
Austria (%) 7.2 Dec 2021 monthly Jan 2000 - Dec 2021
Azerbaijan (%) 15.9 Jun 2022 monthly Dec 2002 - Jun 2022
Bahrain (%) 9.4 Jul 2022 monthly Sep 1992 - Jul 2022
Bangladesh (%) 15.6 Jul 2022 monthly Jul 1988 - Jul 2022
Belarus (%) 12.2 Jul 2022 monthly Dec 2007 - Jul 2022
Belgium (%) 5.7 Dec 2021 monthly Jan 2000 - Dec 2021
Bolivia (%) 9.6 Jun 2022 monthly Dec 2002 - Jun 2022
Bosnia and Herzegovina (%) 2.3 Jul 2022 monthly Aug 1998 - Jul 2022
Botswana (%) -5.7 Jun 2022 quarterly Dec 2005 - Jun 2022
Brazil (%) 11.6 Jun 2022 monthly Dec 2002 - Jun 2022
Brunei (%) -12.9 Oct 2021 monthly Jan 2000 - Oct 2021
Bulgaria (%) 14.4 Jul 2022 monthly Dec 1994 - Jul 2022
Cambodia (%) 27.3 Jun 2022 monthly Dec 1995 - Jun 2022
Canada (%) 7.8 Jun 2022 monthly Jan 1970 - Jun 2022
Chile (%) 14.7 Jul 2022 monthly Dec 1979 - Jul 2022
China (%) 11.0 Jun 2022 monthly Jun 2000 - Jun 2022
Colombia (%) 14.0 Apr 2022 monthly Jan 1994 - Apr 2022
Croatia (%) 6.0 Jul 2022 monthly Jun 1995 - Jul 2022
Cyprus (%) 0.0 Jul 2022 monthly Nov 2006 - Jul 2022
Czech Republic (%) 11.2 Jul 2022 monthly Jan 2003 - Jul 2022
Denmark (%) 6.2 Mar 2022 monthly Dec 2002 - Mar 2022
Ecuador (%) 12.9 Jul 2022 monthly Jan 2007 - Jul 2022
Egypt (%) 25.5 Jul 2022 monthly Jan 1997 - Jul 2022
Estonia (%) 8.0 Dec 2021 monthly Jun 1993 - Dec 2021
European Union (%) 3.3 Dec 2021 monthly Sep 1998 - Dec 2021
Finland (%) 3.0 Dec 2021 monthly Jan 2000 - Dec 2021
France (%) 5.1 Dec 2021 monthly Jan 2000 - Dec 2021
Georgia (%) 6.6 Jul 2022 monthly Oct 1996 - Jul 2022
Germany (%) 2.1 Dec 2021 monthly Jan 2000 - Dec 2021
Ghana (%) 24.9 Feb 2022 monthly Jan 1968 - Feb 2022
Greece (%) -10.7 Dec 2021 monthly Jan 2002 - Dec 2021
Hong Kong SAR, China (%) 9.3 Sep 2018 monthly Dec 1991 - Sep 2018
Hungary (%) 17.2 Jul 2022 monthly Jan 1999 - Jul 2022
Iceland (%) 8.0 Jul 2022 monthly Sep 1994 - Jul 2022
India (%) 10.4 Jul 2022 monthly Mar 2000 - Jul 2022
Indonesia (%) 8.6 Jul 2022 monthly Jan 2005 - Jul 2022
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -9.2 Dec 2021 monthly Jan 2000 - Dec 2021
Israel (%) 8.5 May 2022 monthly Dec 2000 - May 2022
Italy (%) 2.4 Dec 2021 monthly Jan 2000 - Dec 2021
Ivory Coast (%) 16.5 Jul 2022 monthly Jan 1965 - Jul 2022
Japan (%) 1.0 Jun 2022 monthly Apr 2004 - Jun 2022
Jordan (%) 8.2 Jun 2022 monthly Jan 2003 - Jun 2022
Kazakhstan (%) 14.7 Jul 2022 monthly Dec 2002 - Jul 2022
Kenya (%) 16.9 Jun 2022 monthly Dec 1996 - Jun 2022
South Korea (%) 10.9 Jul 2022 monthly Dec 2002 - Jul 2022
Kosovo (%) 12.4 Jul 2022 monthly Nov 2008 - Jul 2022
Kuwait (%) 9.2 Jul 2022 monthly Jan 1995 - Jul 2022
Kyrgyzstan (%) 6.5 Jul 2022 monthly Dec 2003 - Jul 2022
Laos (%) 29.6 Mar 2022 quarterly Dec 1992 - Mar 2022
Latvia (%) 12.9 Dec 2021 monthly Jul 2004 - Dec 2021
Lebanon (%) 2.2 Jan 2018 monthly Mar 1966 - Jan 2018
Lithuania (%) 16.9 Dec 2021 monthly Dec 1994 - Dec 2021
Luxembourg (%) 6.4 Dec 2021 monthly Jan 2000 - Dec 2021
Macau SAR, China (%) 3.2 Jul 2022 monthly Jun 1985 - Jul 2022
North Macedonia (%) 14.4 Jul 2022 monthly Jan 2004 - Jul 2022
Malawi (%) 33.2 May 2022 monthly Jan 1976 - May 2022
Malaysia (%) 6.9 Jul 2022 monthly Jan 1988 - Jul 2022
Malta (%) 7.2 Jul 2022 monthly Jan 2009 - Jul 2022
Mauritius (%) 6.8 Jul 2022 monthly Jun 2006 - Jul 2022
Mexico (%) 11.4 Jun 2022 monthly Dec 2002 - Jun 2022
Moldova (%) 5.4 Jul 2022 monthly Jan 2001 - Jul 2022
Mongolia (%) 18.8 Jul 2022 monthly Dec 1993 - Jul 2022
Montenegro (%) 19.0 Jul 2022 monthly Jan 2006 - Jul 2022
Morocco (%) 6.1 Jul 2022 monthly Dec 2002 - Jul 2022
Mozambique (%) 17.4 Jun 2022 monthly Dec 2002 - Jun 2022
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 17.9 Jul 2022 monthly Jan 2002 - Jul 2022
Netherlands (%) 3.3 Dec 2021 monthly Dec 2002 - Dec 2021
New Zealand (%) 5.1 Jul 2022 monthly Mar 1989 - Jul 2022
Nigeria (%) 33.3 Jul 2022 monthly Nov 1993 - Jul 2022
Norway (%) 5.2 Jul 2022 monthly Dec 1986 - Jul 2022
Oman (%) 4.1 Jun 2022 monthly Dec 2000 - Jun 2022
Pakistan (%) 22.6 Jul 2022 monthly Jun 2009 - Jul 2022
Palestinian Territory (%) 2.2 Jul 2022 monthly Dec 1999 - Jul 2022
Panama (%) 4.5 Jul 2022 monthly Dec 2002 - Jul 2022
Paraguay (%) 17.5 Feb 2022 monthly Dec 2002 - Feb 2022
Peru (%) -1.4 May 2022 monthly Jan 1993 - May 2022
Philippines (%) 11.5 Jul 2022 monthly Dec 2002 - Jul 2022
Poland (%) 3.2 Jul 2022 monthly Dec 1997 - Jul 2022
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 0.9 Jul 2022 monthly Jan 2008 - Jul 2022
Romania (%) 12.6 Jul 2022 monthly Dec 2005 - Jul 2022
Russia (%) 13.4 Jul 2022 monthly Dec 2001 - Jul 2022
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) 10.6 Jul 2022 monthly Dec 2004 - Jul 2022
Singapore (%) 37.6 Jul 2022 monthly Mar 2005 - Jul 2022
Slovakia (%) 8.3 Dec 2021 monthly Jan 2007 - Dec 2021
Slovenia (%) 6.7 Dec 2021 monthly Jan 2005 - Dec 2021
South Africa (%) 8.1 Jul 2022 monthly Mar 1966 - Jul 2022
Spain (%) 0.8 Dec 2021 monthly Jan 2000 - Dec 2021
Sri Lanka (%) 23.0 Jul 2022 monthly Jan 1997 - Jul 2022
Sudan (%) 97.7 Mar 2022 quarterly Mar 2003 - Mar 2022
Sweden (%) 13.7 Mar 2022 monthly Dec 2002 - Mar 2022
Switzerland (%) 4.4 Jul 2022 monthly Dec 1988 - Jul 2022

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Ghana Key Series

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Includes 118 key indicators for Ghana, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -9.2 Mar 2022 quarterly Dec 2008 - Mar 2022
Consolidated Fiscal Balance (USD mn) -522.282 Jun 2022 monthly Jan 2008 - Jun 2022
Tax Revenue (USD mn) 768.478 Mar 2022 monthly Jan 2008 - Mar 2022
Tax Revenue: % of GDP (%) 9.2 Mar 2022 quarterly Mar 2008 - Mar 2022
Government Debt: % of GDP (%) 80.1 2021 yearly 2006 - 2021
Forecast: Government Expenditure (GHS bn) 234.411 2027 yearly 1980 - 2027
Forecast: Government Net Debt (GHS bn) 885.914 2027 yearly 1990 - 2027
Forecast: Government Revenue (GHS bn) 162.850 2027 yearly 1982 - 2027
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 20.464 2027 yearly 1980 - 2027
Trade Balance (USD mn) 131.1 Jun 2022 monthly Mar 2005 - Jun 2022
Total Exports (USD mn) 1,584.7 Jun 2022 monthly Jan 2010 - Jun 2022
Total Exports Growth (%) 32.3 Jun 2022 monthly Jan 2011 - Jun 2022
Aluminum: Exports (USD th) 118,446.335 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 8,890.714 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 706.787 2021 yearly 1995 - 2021
Total Imports (USD mn) 1,453.6 Jun 2022 monthly Mar 2005 - Jun 2022
Total Imports Growth (%) 30.9 Jun 2022 monthly Mar 2006 - Jun 2022
Imports: Medicament (USD th) 237,263.348 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 74,157.525 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 37.920 May 2022 monthly Feb 1985 - May 2022
Total Imports from USA (USD mn) 140.997 May 2022 monthly Jun 1995 - May 2022
Total Exports to China (USD mn) 310.973 May 2022 monthly May 1995 - May 2022
Total Imports from China (USD mn) 205.646 May 2022 monthly Jun 1986 - May 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 0.0 Dec 2020 quarterly Mar 2011 - Dec 2020
Current Account Balance (USD mn) -690.6 Jun 2022 quarterly Mar 2005 - Jun 2022
Current Account Balance: % of GDP (%) -1.9 Mar 2022 quarterly Mar 2006 - Mar 2022
Foreign Direct Investment (USD mn) 346.9 Dec 2020 quarterly Mar 2011 - Dec 2020
Foreign Direct Investment: % of GDP (%) 1.9 Dec 2020 quarterly Mar 2011 - Dec 2020
Foreign Portfolio Investment (USD mn) -69.820 Dec 2020 quarterly Mar 2011 - Dec 2020
Foreign Portfolio Investment: % of GDP (%) -0.4 Dec 2020 quarterly Mar 2011 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 18.1 2010 yearly 1975 - 2010
Foreign Portfolio Investment: Debt Securities (USD mn) -69.820 Dec 2020 quarterly Mar 2011 - Dec 2020
External Debt (USD mn) 28,100.0 Jun 2022 monthly Jan 2012 - Jun 2022
External Debt: % of GDP (%) 35.6 2021 yearly 1999 - 2021
Forecast: Current Account Balance (USD bn) -3.522 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -23,540.367 2021 yearly 2006 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 14.1 Jun 2022 monthly Dec 2005 - Jun 2022
Non-Performing Loans (USD mn) 1,357.152 Dec 2021 quarterly Mar 2008 - Dec 2021
Money Supply M1 (USD mn) 9,690.208 Mar 2022 quarterly Mar 1990 - Mar 2022
Money Supply M2 (USD mn) 14,911.123 Mar 2022 quarterly Mar 1990 - Mar 2022
M2 Growth (%) 13.8 Mar 2022 quarterly Mar 1991 - Mar 2022
Foreign Exchange Reserves (USD mn) 5,867.6 Jun 2022 monthly Jan 1965 - Jun 2022
Foreign Exchange Reserves: % of GDP (%) 9.318 Mar 2022 quarterly Dec 2006 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 4.0 Jun 2022 monthly Mar 2005 - Jun 2022
Gold Reserves (Metric Ton) 1,000.000 2021 yearly 2008 - 2021
Total Deposits (USD mn) 17,591.475 Mar 2022 monthly Dec 2004 - Mar 2022
Total Deposits Growth (%) 20.0 Mar 2022 monthly Dec 2005 - Mar 2022
Domestic Credit (USD mn) 25,818.0 Feb 2022 monthly Jan 1967 - Feb 2022
Domestic Credit Growth (%) 24.9 Feb 2022 monthly Jan 1968 - Feb 2022
Total Loans (USD mn) 8,294.334 Mar 2022 monthly Dec 2011 - Mar 2022
Total Loans Growth (%) 24.64 Mar 2022 monthly Dec 2012 - Mar 2022
Private Debt: % of Nominal GDP (%) 10.26 Dec 2021 quarterly Dec 2013 - Dec 2021
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) -17.2 Jun 2022 monthly Dec 2013 - Jun 2022

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