Ghana Domestic Credit Growth
1968 - 2022 | Monthly | % | CEIC Data
Key information about Ghana Domestic Credit Growth
- Ghana Domestic Credit increased 33.8 % YoY in Dec 2022, compared with an increase of 46.9 % YoY in the previous month
- Ghana Domestic Credit Growth YoY data is updated monthly
- It averaged 31.9 %, available from Jan 1968 to Dec 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 Dec 2022 in the chart:
What was Ghana's Domestic Credit Growth in Dec 2022?
Ghana Domestic Credit increased 33.8 % YoY in Dec 2022, compared with an increase of 46.9 % YoY in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 33.8 Dec 2022 | 46.9 Nov 2022 | -8.5 Aug 1973 | 110.4 Aug 1984 | % | monthly | Jan 1968 - Dec 2022 |
Domestic Credit Growth by Country Comparison
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Includes Domestic Credit Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 9.2 Mar 2023 | monthly | Dec 2003 - Mar 2023 |
| Algeria (%) | -1.2 Feb 2023 | monthly | Dec 2002 - Feb 2023 |
| Argentina (%) | 24.1 Jul 2018 | monthly | Jan 1991 - Jul 2018 |
| Armenia (%) | 7.1 Mar 2023 | monthly | Dec 1994 - Mar 2023 |
| Australia (%) | 9.0 Jan 2023 | monthly | Dec 2002 - Jan 2023 |
| Austria (%) | 7.2 Oct 2022 | monthly | Jan 2000 - Oct 2022 |
| Azerbaijan (%) | 23.1 Feb 2023 | monthly | Dec 2002 - Feb 2023 |
| Bahrain (%) | 10.5 Jan 2023 | monthly | Sep 1992 - Jan 2023 |
| Bangladesh (%) | 16.2 Mar 2023 | monthly | Jul 1988 - Mar 2023 |
| Belarus (%) | 5.0 Apr 2023 | monthly | Dec 2007 - Apr 2023 |
| Belgium (%) | 8.9 Oct 2022 | monthly | Jan 2000 - Oct 2022 |
| Bolivia (%) | 8.3 Dec 2022 | monthly | Dec 2002 - Dec 2022 |
| Bosnia and Herzegovina (%) | 8.2 Feb 2023 | monthly | Aug 1998 - Feb 2023 |
| Botswana (%) | -0.6 Dec 2022 | quarterly | Dec 2005 - Dec 2022 |
| Brazil (%) | 12.2 Feb 2023 | monthly | Dec 2002 - Feb 2023 |
| Brunei (%) | -18.5 Nov 2022 | monthly | Jan 2000 - Nov 2022 |
| Bulgaria (%) | 4.4 Feb 2023 | monthly | Dec 1994 - Feb 2023 |
| Cambodia (%) | 19.4 Dec 2022 | monthly | Dec 1995 - Dec 2022 |
| Canada (%) | 5.8 Jan 2023 | monthly | Jan 1970 - Jan 2023 |
| Chile (%) | 10.3 Feb 2023 | monthly | Dec 1979 - Feb 2023 |
| China (%) | 11.0 Apr 2023 | monthly | Jun 2000 - Apr 2023 |
| Colombia (%) | 16.9 Dec 2022 | monthly | Jan 1994 - Dec 2022 |
| Croatia (%) | 5.9 Dec 2022 | monthly | Jun 1995 - Dec 2022 |
| Cyprus (%) | -9.3 Mar 2023 | monthly | Nov 2006 - Mar 2023 |
| Czech Republic (%) | 7.9 Feb 2023 | monthly | Jan 2003 - Feb 2023 |
| Denmark (%) | 18.0 Sep 2022 | monthly | Dec 2002 - Sep 2022 |
| Ecuador (%) | 9.4 Feb 2023 | monthly | Jan 2007 - Feb 2023 |
| Egypt (%) | 37.5 Feb 2023 | monthly | Jan 1997 - Feb 2023 |
| Estonia (%) | 13.8 Oct 2022 | monthly | Jun 1993 - Oct 2022 |
| European Union (%) | 6.3 Jan 2023 | monthly | Sep 1998 - Jan 2023 |
| Finland (%) | 7.4 Oct 2022 | monthly | Jan 2000 - Oct 2022 |
| France (%) | 5.9 Oct 2022 | monthly | Jan 2000 - Oct 2022 |
| Georgia (%) | 2.3 Feb 2023 | monthly | Oct 1996 - Feb 2023 |
| Germany (%) | 10.4 Mar 2023 | monthly | Jan 2000 - Mar 2023 |
| Ghana (%) | 33.8 Dec 2022 | monthly | Jan 1968 - Dec 2022 |
| Greece (%) | 0.4 Oct 2022 | monthly | Jan 2002 - Oct 2022 |
| Hong Kong SAR, China (%) | 9.3 Sep 2018 | monthly | Dec 1991 - Sep 2018 |
| Hungary (%) | 10.1 Feb 2023 | monthly | Jan 1999 - Feb 2023 |
| Iceland (%) | 8.9 Mar 2023 | monthly | Sep 1994 - Mar 2023 |
| India (%) | 11.8 Mar 2023 | monthly | Mar 2000 - Mar 2023 |
| Indonesia (%) | 4.1 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Iran (%) | 25.8 Feb 2017 | monthly | Jan 1965 - Feb 2017 |
| Ireland (%) | 16.4 Oct 2022 | monthly | Jan 2000 - Oct 2022 |
| Israel (%) | 3.3 Jan 2023 | monthly | Dec 2000 - Jan 2023 |
| Italy (%) | 1.4 Oct 2022 | monthly | Jan 2000 - Oct 2022 |
| Ivory Coast (%) | 11.1 Jan 2023 | monthly | Jan 1965 - Jan 2023 |
| Japan (%) | 2.7 Jan 2023 | monthly | Apr 2004 - Jan 2023 |
| Jordan (%) | 8.3 Feb 2023 | monthly | Jan 2003 - Feb 2023 |
| Kazakhstan (%) | 9.6 Feb 2023 | monthly | Dec 2002 - Feb 2023 |
| Kenya (%) | 12.7 Feb 2023 | monthly | Dec 1996 - Feb 2023 |
| South Korea (%) | 6.3 Jan 2023 | monthly | Dec 2002 - Jan 2023 |
| Kosovo (%) | 15.2 Feb 2023 | monthly | Nov 2008 - Feb 2023 |
| Kuwait (%) | 2.7 Mar 2023 | monthly | Jan 1995 - Mar 2023 |
| Kyrgyzstan (%) | 8.3 Feb 2023 | monthly | Dec 2003 - Feb 2023 |
| Laos (%) | 49.3 Sep 2022 | quarterly | Dec 1992 - Sep 2022 |
| Latvia (%) | 6.7 Oct 2022 | monthly | Jul 2004 - Oct 2022 |
| Lebanon (%) | 2.2 Jan 2018 | monthly | Mar 1966 - Jan 2018 |
| Lithuania (%) | 20.5 Oct 2022 | monthly | Dec 1994 - Oct 2022 |
| Luxembourg (%) | 19.5 Oct 2022 | monthly | Jan 2000 - Oct 2022 |
| Macau SAR, China (%) | 15.5 Feb 2023 | monthly | Jun 1985 - Feb 2023 |
| North Macedonia (%) | 7.3 Feb 2023 | monthly | Jan 2004 - Feb 2023 |
| Malawi (%) | 30.9 Jan 2023 | monthly | Jan 1976 - Jan 2023 |
| Malaysia (%) | 5.2 Feb 2023 | monthly | Jan 1988 - Feb 2023 |
| Malta (%) | 6.4 Feb 2023 | monthly | Jan 2009 - Feb 2023 |
| Mauritius (%) | 12.6 Feb 2023 | monthly | Jun 2006 - Feb 2023 |
| Mexico (%) | 10.4 Mar 2023 | monthly | Dec 2002 - Mar 2023 |
| Moldova (%) | 10.0 Feb 2023 | monthly | Jan 2001 - Feb 2023 |
| Mongolia (%) | -0.8 Feb 2023 | monthly | Dec 1993 - Feb 2023 |
| Montenegro (%) | 19.7 Feb 2023 | monthly | Jan 2006 - Feb 2023 |
| Morocco (%) | 5.7 Mar 2023 | monthly | Dec 2002 - Mar 2023 |
| Mozambique (%) | 14.9 Apr 2023 | monthly | Dec 2002 - Apr 2023 |
| Myanmar (%) | 16.4 Jan 2021 | monthly | Dec 2002 - Jan 2021 |
| Nepal (%) | 8.3 Mar 2023 | monthly | Jan 2002 - Mar 2023 |
| Netherlands (%) | 12.3 Oct 2022 | monthly | Dec 2002 - Oct 2022 |
| New Zealand (%) | 2.9 Feb 2023 | monthly | Mar 1989 - Feb 2023 |
| Nigeria (%) | 37.8 Apr 2023 | monthly | Nov 1993 - Apr 2023 |
| Norway (%) | 5.6 Mar 2023 | monthly | Dec 1986 - Mar 2023 |
| Oman (%) | 2.8 Jan 2023 | monthly | Dec 2000 - Jan 2023 |
| Pakistan (%) | 25.0 Mar 2023 | monthly | Jun 2009 - Mar 2023 |
| Palestinian Territory (%) | 2.7 Feb 2023 | monthly | Dec 1999 - Feb 2023 |
| Panama (%) | 5.6 Feb 2023 | monthly | Dec 2002 - Feb 2023 |
| Paraguay (%) | 13.7 Feb 2023 | monthly | Dec 2002 - Feb 2023 |
| Peru (%) | 11.3 Jan 2023 | monthly | Jan 1993 - Jan 2023 |
| Philippines (%) | 11.6 Feb 2023 | monthly | Dec 2002 - Feb 2023 |
| Poland (%) | -0.6 Feb 2023 | monthly | Dec 1997 - Feb 2023 |
| Portugal (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
| Qatar (%) | 3.9 Mar 2023 | monthly | Jan 2008 - Mar 2023 |
| Romania (%) | 8.6 Feb 2023 | monthly | Dec 2005 - Feb 2023 |
| Russia (%) | 23.3 Feb 2023 | monthly | Dec 2001 - Feb 2023 |
| Saudi Arabia (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
| Serbia (%) | -3.6 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
| Singapore (%) | 26.4 Feb 2023 | monthly | Mar 2005 - Feb 2023 |
| Slovakia (%) | 17.4 Oct 2022 | monthly | Jan 2007 - Oct 2022 |
| Slovenia (%) | -0.0 Oct 2022 | monthly | Jan 2005 - Oct 2022 |
| South Africa (%) | 9.1 Mar 2023 | monthly | Mar 1966 - Mar 2023 |
| Spain (%) | 2.7 Oct 2022 | monthly | Jan 2000 - Oct 2022 |
| Sri Lanka (%) | 16.9 Jan 2023 | monthly | Jan 1997 - Jan 2023 |
| Sudan (%) | 82.5 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
| Sweden (%) | 28.7 Sep 2022 | monthly | Dec 2002 - Sep 2022 |
| Switzerland (%) | 2.4 Feb 2023 | monthly | Dec 1988 - Feb 2023 |
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Includes 119 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 (%) | -8.9 Jun 2022 | quarterly | Dec 2008 - Jun 2022 |
| Consolidated Fiscal Balance (USD mn) | -522.282 Jun 2022 | monthly | Jan 2008 - Jun 2022 |
| Tax Revenue (USD mn) | 982.861 Jun 2022 | monthly | Jan 2008 - Jun 2022 |
| Tax Revenue: % of GDP (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
| Government Debt: % of GDP (%) | 80.1 2021 | yearly | 2006 - 2021 |
| Forecast: Government Expenditure (GHS bn) | 435.057 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (GHS bn) | 1,569.809 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (GHS bn) | 338.055 2028 | yearly | 1982 - 2028 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 16.679 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | 353.4 Feb 2023 | monthly | Mar 2005 - Feb 2023 |
| Total Exports (USD mn) | 1,311.8 Feb 2023 | monthly | Jan 2010 - Feb 2023 |
| Total Exports Growth (%) | 3.3 Feb 2023 | monthly | Jan 2011 - Feb 2023 |
| Aluminum: Exports (USD th) | 100,206.970 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 8,820.272 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 580.638 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 958.4 Feb 2023 | monthly | Mar 2005 - Feb 2023 |
| Total Imports Growth (%) | -16.5 Feb 2023 | monthly | Mar 2006 - Feb 2023 |
| Imports: Medicament (USD th) | 204,264.184 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 63,866.838 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 42.144 Jan 2023 | monthly | Feb 1985 - Jan 2023 |
| Total Imports from USA (USD mn) | 86.536 Jan 2023 | monthly | Jun 1995 - Jan 2023 |
| Total Exports to China (USD mn) | 451.635 Jan 2023 | monthly | May 1995 - Jan 2023 |
| Total Imports from China (USD mn) | 122.701 Jan 2023 | monthly | Jun 1986 - Jan 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 7.1 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Current Account Balance (USD mn) | 318.2 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Current Account Balance: % of GDP (%) | 2.0 Dec 2022 | quarterly | Mar 2006 - Dec 2022 |
| Foreign Direct Investment (USD mn) | 524.3 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Foreign Direct Investment: % of GDP (%) | 2.4 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Foreign Portfolio Investment (USD mn) | -308.059 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Foreign Portfolio Investment: % of GDP (%) | -1.4 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 18.1 2010 | yearly | 1975 - 2010 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -308.059 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| External Debt (USD mn) | 29,185.2 Nov 2022 | monthly | Jan 2012 - Nov 2022 |
| External Debt: % of GDP (%) | 35.7 2021 | yearly | 1999 - 2021 |
| Forecast: Current Account Balance (USD bn) | -2.826 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -23,540.367 2021 | yearly | 2006 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 14.8 Dec 2022 | monthly | Dec 2005 - Dec 2022 |
| Non-Performing Loans (USD mn) | 1,207.603 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Money Supply M1 (USD mn) | 10,317.652 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Money Supply M2 (USD mn) | 15,758.219 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| M2 Growth (%) | 27.8 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Foreign Exchange Reserves (USD mn) | 5,867.6 Jun 2022 | monthly | Jan 1965 - Jun 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 7.169 Jun 2022 | quarterly | Dec 2006 - Jun 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.3 Jun 2022 | monthly | Mar 2005 - Jun 2022 |
| Gold Reserves (Metric Ton) | 1,000.000 2022 | yearly | 2008 - 2022 |
| Total Deposits (USD mn) | 18,061.392 Dec 2022 | monthly | Dec 2004 - Dec 2022 |
| Total Deposits Growth (%) | 31.4 Dec 2022 | monthly | Dec 2005 - Dec 2022 |
| Domestic Credit (USD mn) | 26,442.5 Dec 2022 | monthly | Jan 1967 - Dec 2022 |
| Domestic Credit Growth (%) | 33.8 Dec 2022 | monthly | Jan 1968 - Dec 2022 |
| Total Loans (USD mn) | 8,162.339 Dec 2022 | monthly | Dec 2011 - Dec 2022 |
| Total Loans Growth (%) | 30.19 Dec 2022 | monthly | Dec 2012 - Dec 2022 |
| Private Debt: % of Nominal GDP (%) | 12.92 Sep 2022 | quarterly | Dec 2013 - Sep 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | -23.1 Dec 2022 | monthly | Dec 2013 - Dec 2022 |
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