Ghana Domestic Credit Growth

1968 - 2024 | Monthly | % | CEIC Data

Key information about Ghana Domestic Credit Growth

  • Ghana Domestic Credit shrunk by 5.2 % YoY in Apr 2024, compared with a decrease of 7.6 % YoY in the previous month
  • Ghana Domestic Credit Growth YoY data is updated monthly
  • It averaged 31.4 %, available from Jan 1968 to Apr 2024
  • 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 Apr 2024 in the chart:

Ghana Domestic Credit Growth

What was Ghana's Domestic Credit Growth in Apr 2024?

Ghana Domestic Credit shrunk by 5.2 % YoY in Apr 2024, compared with a decrease of 7.6 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
-5.2 Apr 2024 -7.6 Mar 2024 -8.5 Aug 1973 110.4 Aug 1984 % monthly Jan 1968 - Apr 2024

Domestic Credit Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 3.7 May 2024 monthly Dec 2003 - May 2024
Algeria (%) 6.5 Apr 2024 monthly Dec 2002 - Apr 2024
Argentina (%) 333.3 Apr 2024 monthly Jan 1991 - Apr 2024
Armenia (%) 16.7 Apr 2024 monthly Dec 1994 - Apr 2024
Australia (%) 0.3 Apr 2024 monthly Dec 2002 - Apr 2024
Austria (%) -1.4 Apr 2024 monthly Jan 2000 - Apr 2024
Azerbaijan (%) 8.5 Apr 2024 monthly Dec 2002 - Apr 2024
Bahrain (%) 9.4 May 2024 monthly Sep 1992 - May 2024
Bangladesh (%) 11.2 Apr 2024 monthly Jul 1988 - Apr 2024
Belarus (%) 18.4 May 2024 monthly Dec 2007 - May 2024
Belgium (%) 2.1 Apr 2024 monthly Jan 2000 - Apr 2024
Bolivia (%) 6.3 Oct 2023 monthly Dec 2002 - Oct 2023
Bosnia and Herzegovina (%) 12.1 May 2024 monthly Aug 1998 - May 2024
Botswana (%) 12.3 Mar 2024 quarterly Dec 2005 - Mar 2024
Brazil (%) 14.1 May 2024 monthly Dec 2002 - May 2024
Brunei (%) 37.1 Feb 2024 monthly Jan 2000 - Feb 2024
Bulgaria (%) 17.6 Apr 2024 monthly Dec 1994 - Apr 2024
Cambodia (%) 2.0 Apr 2024 monthly Dec 1995 - Apr 2024
Canada (%) 2.7 Apr 2024 monthly Jan 1970 - Apr 2024
Chile (%) 4.6 Apr 2024 monthly Dec 1979 - Apr 2024
China (%) 8.8 May 2024 monthly Jun 2000 - May 2024
Colombia (%) 3.2 Mar 2024 monthly Jan 1994 - Mar 2024
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) -3.0 May 2024 monthly Nov 2006 - May 2024
Czech Republic (%) 6.3 May 2024 monthly Jan 2003 - May 2024
Denmark (%) -3.1 Apr 2024 monthly Dec 2002 - Apr 2024
Ecuador (%) 7.1 May 2024 monthly Jan 2007 - May 2024
Egypt (%) 25.6 May 2024 monthly Jan 1997 - May 2024
Estonia (%) 9.6 Apr 2024 monthly Jun 1993 - Apr 2024
European Union (%) 0.1 Apr 2024 monthly Sep 1998 - Apr 2024
Finland (%) -4.5 Apr 2024 monthly Jan 2000 - Apr 2024
France (%) 2.1 Apr 2024 monthly Jan 2000 - Apr 2024
Georgia (%) 25.2 May 2024 monthly Oct 1996 - May 2024
Germany (%) -0.2 Apr 2024 monthly Jan 2000 - Apr 2024
Ghana (%) -5.2 Apr 2024 monthly Jan 1968 - Apr 2024
Greece (%) 2.4 Apr 2024 monthly Jan 2002 - Apr 2024
Hong Kong SAR, China (%) -2.2 Mar 2024 monthly Dec 1991 - Mar 2024
Hungary (%) 0.0 May 2024 monthly Jan 1999 - May 2024
Iceland (%) 4.8 Apr 2024 monthly Sep 1994 - Apr 2024
India (%) 11.1 Apr 2024 monthly Mar 2000 - Apr 2024
Indonesia (%) 11.2 May 2024 monthly Jan 2005 - May 2024
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) 2.0 Apr 2024 monthly Jan 2000 - Apr 2024
Israel (%) 8.0 Mar 2024 monthly Dec 2000 - Mar 2024
Italy (%) -4.6 Apr 2024 monthly Jan 2000 - Apr 2024
Ivory Coast (%) 6.7 Apr 2024 monthly Jan 1965 - Apr 2024
Japan (%) 3.4 Apr 2024 monthly Apr 2004 - Apr 2024
Jordan (%) 3.0 Dec 2023 monthly Jan 2003 - Dec 2023
Kazakhstan (%) 20.5 May 2024 monthly Dec 2002 - May 2024
Kenya (%) 7.5 Apr 2024 monthly Dec 1996 - Apr 2024
South Korea (%) 6.4 Apr 2024 monthly Dec 2002 - Apr 2024
Kosovo (%) 12.0 May 2024 monthly Nov 2008 - May 2024
Kuwait (%) 1.3 Apr 2024 monthly Jan 1995 - Apr 2024
Kyrgyzstan (%) 28.9 May 2024 monthly Dec 2003 - May 2024
Laos (%) 30.1 Mar 2024 quarterly Dec 1992 - Mar 2024
Latvia (%) 1.3 Apr 2024 monthly Jul 2004 - Apr 2024
Lebanon (%) 2.2 Jan 2018 monthly Mar 1966 - Jan 2018
Lithuania (%) -6.5 Apr 2024 monthly Dec 1994 - Apr 2024
Luxembourg (%) -0.2 Apr 2024 monthly Jan 2000 - Apr 2024
Macau SAR, China (%) -5.2 May 2024 monthly Jun 1985 - May 2024
North Macedonia (%) 12.3 May 2024 monthly Jan 2004 - May 2024
Malawi (%) 46.8 Mar 2024 monthly Jan 1976 - Mar 2024
Malaysia (%) 6.2 May 2024 monthly Jan 1988 - May 2024
Malta (%) 8.4 May 2024 monthly Jan 2009 - May 2024
Mauritius (%) 12.8 May 2024 monthly Jun 2006 - May 2024
Mexico (%) 15.3 Apr 2024 monthly Dec 2002 - Apr 2024
Moldova (%) 13.4 May 2024 monthly Jan 2001 - May 2024
Mongolia (%) 13.9 May 2024 monthly Dec 1993 - May 2024
Montenegro (%) -3.7 May 2024 monthly Jan 2006 - May 2024
Morocco (%) 3.8 May 2024 monthly Dec 2002 - May 2024
Mozambique (%) 6.0 Apr 2024 monthly Dec 2002 - Apr 2024
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 5.9 May 2024 monthly Jan 2002 - May 2024
Netherlands (%) -2.4 Apr 2024 monthly Dec 2002 - Apr 2024
New Zealand (%) 1.5 May 2024 monthly Mar 1989 - May 2024
Nigeria (%) 36.0 May 2024 monthly Nov 1993 - May 2024
Norway (%) 3.0 Apr 2024 monthly Dec 1986 - Apr 2024
Oman (%) 3.0 Apr 2024 monthly Dec 2000 - Apr 2024
Pakistan (%) 20.3 May 2024 monthly Jun 2009 - May 2024
Palestinian Territory (%) 6.2 May 2024 monthly Dec 1999 - May 2024
Panama (%) 4.9 May 2024 monthly Dec 2002 - May 2024
Paraguay (%) 14.0 Apr 2024 monthly Dec 2002 - Apr 2024
Peru (%) 10.4 Mar 2024 monthly Jan 1993 - Mar 2024
Philippines (%) 10.6 Apr 2024 monthly Dec 2002 - Apr 2024
Poland (%) 1.7 Apr 2024 monthly Dec 1997 - Apr 2024
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 3.5 May 2024 monthly Jan 2008 - May 2024
Romania (%) 11.3 Apr 2024 monthly Dec 2005 - Apr 2024
Russia (%) 25.0 May 2024 monthly Dec 2001 - May 2024
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) 2.4 Apr 2024 monthly Dec 2004 - Apr 2024
Singapore (%) -0.4 May 2024 monthly Mar 2005 - May 2024
Slovakia (%) 4.6 Apr 2024 monthly Jan 2007 - Apr 2024
Slovenia (%) 1.0 Apr 2024 monthly Jan 2005 - Apr 2024
South Africa (%) 8.0 May 2024 monthly Mar 1966 - May 2024
Spain (%) -2.3 Apr 2024 monthly Jan 2000 - Apr 2024
Sri Lanka (%) -81.8 Apr 2024 monthly Jan 1997 - Apr 2024
Sudan (%) 82.5 Dec 2022 quarterly Mar 2003 - Dec 2022
Sweden (%) -2.7 Apr 2024 monthly Dec 2002 - Apr 2024
Switzerland (%) 1.6 May 2024 monthly Dec 1988 - May 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Ghana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 Jun 2023 quarterly Dec 2008 - Jun 2023
Consolidated Fiscal Balance (USD mn) 239.230 Jun 2023 monthly Jan 2008 - Jun 2023
Tax Revenue (USD mn) 1,009.808 Jun 2023 monthly Jan 2008 - Jun 2023
Tax Revenue: % of GDP (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Government Debt: % of GDP (%) 70.7 2022 yearly 2006 - 2022
Forecast: Government Expenditure (GHS bn) 422.653 2029 yearly 1980 - 2029
Forecast: Government Net Debt (GHS bn) 1,247.210 2028 yearly 1990 - 2028
Forecast: Government Revenue (GHS bn) 355.914 2029 yearly 1982 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.394 2028 yearly 1980 - 2028
Trade Balance (USD mn) 539.1 Dec 2023 monthly Mar 2005 - Dec 2023
Total Exports (USD mn) 1,693.2 Dec 2023 monthly Jan 2010 - Dec 2023
Total Exports Growth (%) 6.3 Dec 2023 monthly Jan 2011 - Dec 2023
Aluminum: Exports (USD th) 124,996.968 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,139.214 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 1,273.109 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,154.2 Dec 2023 monthly Mar 2005 - Dec 2023
Total Imports Growth (%) 5.0 Dec 2023 monthly Mar 2006 - Dec 2023
Imports: Medicament (USD th) 204,070.187 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 67,696.289 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 71.198 Mar 2024 monthly Feb 1985 - Mar 2024
Total Imports from USA (USD mn) 90.021 Mar 2024 monthly Jun 1995 - Mar 2024
Total Exports to China (USD mn) 114.556 Mar 2024 monthly May 1995 - Mar 2024
Total Imports from China (USD mn) 281.033 Mar 2024 monthly Jun 1986 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -4.7 Mar 2024 quarterly Mar 2011 - Mar 2024
Current Account Balance (USD mn) 217.8 Dec 2023 quarterly Mar 2005 - Dec 2023
Current Account Balance: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2006 - Dec 2023
Foreign Direct Investment (USD mn) 380.3 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Direct Investment: % of GDP (%) 1.8 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Portfolio Investment (USD mn) -308.059 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) 0.0 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -9.3 2023 yearly 1975 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 13.739 Mar 2024 quarterly Mar 2011 - Mar 2024
External Debt (USD mn) 29,185.2 Nov 2022 monthly Jan 2012 - Nov 2022
External Debt: % of GDP (%) 39.0 2022 yearly 1999 - 2022
Forecast: Current Account Balance (USD bn) -2.914 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -23,095.226 2022 yearly 2006 - 2022
BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 26.798 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Assets (USD mn) 138.453 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Portfolio Investment: Assets (USD mn) -63.908 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liabilit... (USD mn) 111.654 Mar 2024 quarterly Mar 2021 - Mar 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 25.7 Apr 2024 monthly Dec 2005 - Apr 2024
Non-Performing Loans (USD mn) 1,333.954 Dec 2023 quarterly Mar 2008 - Dec 2023
Money Supply M1 (USD mn) 10,251.243 Dec 2023 quarterly Mar 1990 - Dec 2023
Money Supply M2 (USD mn) 15,608.260 Dec 2023 quarterly Mar 1990 - Dec 2023
M2 Growth (%) 37.2 Dec 2023 quarterly Mar 1991 - Dec 2023
Foreign Exchange Reserves (USD mn) 3,368.9 Jan 2024 monthly Jan 1965 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 3.820 Dec 2023 quarterly Dec 2006 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 2.5 Dec 2023 monthly Mar 2005 - Dec 2023
Gold Reserves (Metric Ton) 1,000.000 2023 yearly 2008 - 2023
Total Deposits (USD mn) 17,864.204 Jan 2024 monthly Jan 1999 - Jan 2024
Total Deposits Growth (%) 26.0 Jan 2024 monthly Jan 2000 - Jan 2024
Domestic Credit (USD mn) 18,587.4 Apr 2024 monthly Jan 1967 - Apr 2024
Domestic Credit Growth (%) -5.2 Apr 2024 monthly Jan 1968 - Apr 2024
Total Loans (USD mn) 6,482.295 Dec 2023 monthly Jan 1999 - Dec 2023
Total Loans Growth (%) 10.01 Dec 2023 monthly Jan 2000 - Dec 2023
Private Debt: % of Nominal GDP (%) 8.65 Mar 2024 quarterly Dec 2013 - Mar 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 15.6 Apr 2024 monthly Dec 2013 - Apr 2024

More Indicators for Ghana

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data