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:

Ghana Domestic Credit Growth

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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Ghana Key Series

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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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