Ghana M2 Growth
1991 - 2025 | Quarterly | % | CEIC Data
Key information about Ghana M2 Growth
- Ghana Money Supply M2 increased 30.3 % YoY in Jun 2025, compared with a growth of 34.5 % in the previous quarter
- Ghana Money Supply M2 growth data is updated quarterly, available from Mar 1991 to Jun 2025
- The data reached an all-time high of 59.2 % in Dec 1992 and a record low of 12.0 % in Dec 2021
CEIC calculates quarterly M2 Growth Rate from quarterly M2. Тhe Bank of Ghana provides M2 in local currency
View Ghana's M2 Growth from Mar 1991 to Jun 2025 in the chart:
What was Ghana's M2 Growth in Jun 2025?
Ghana Money Supply M2 increased 30.3 % YoY in Jun 2025, compared with a growth of 34.5 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 30.3 Jun 2025 | 34.5 Mar 2025 | 12.0 Dec 2021 | 59.2 Dec 1992 | % | quarterly | Mar 1991 - Jun 2025 |
M2 Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 14.5 Nov 2025 | monthly | Dec 1994 - Nov 2025 |
| Algeria (%) | 9.0 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Argentina (%) | 37.9 Sep 2025 | monthly | Jan 1991 - Sep 2025 |
| Armenia (%) | 22.1 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Australia (%) | 7.1 Nov 2025 | monthly | Mar 1966 - Nov 2025 |
| Austria (%) | 1.3 Nov 2025 | monthly | Sep 1998 - Nov 2025 |
| Azerbaijan (%) | 6.9 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Bahrain (%) | 1.7 Nov 2025 | monthly | Dec 1975 - Nov 2025 |
| Bangladesh (%) | 8.9 Nov 2025 | monthly | Jun 1987 - Nov 2025 |
| Belarus (%) | 26.3 Nov 2025 | monthly | Dec 1990 - Nov 2025 |
| Belgium (%) | 2.7 Nov 2025 | monthly | Dec 1997 - Nov 2025 |
| Bolivia (%) | 18.1 Sep 2025 | monthly | Dec 1988 - Sep 2025 |
| Bosnia and Herzegovina (%) | 9.8 Nov 2025 | monthly | Aug 1998 - Nov 2025 |
| Botswana (%) | -0.5 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| Brazil (%) | 11.6 Nov 2025 | monthly | Jan 1971 - Nov 2025 |
| Bulgaria (%) | 7.7 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Cambodia (%) | 14.6 Nov 2025 | monthly | Jan 1996 - Nov 2025 |
| Canada (%) | 5.2 Sep 2025 | monthly | Jan 1969 - Sep 2025 |
| Chile (%) | 2.5 Dec 2025 | monthly | Jan 1987 - Dec 2025 |
| China (%) | 8.0 Nov 2025 | monthly | Mar 1997 - Nov 2025 |
| Colombia (%) | 11.0 Nov 2025 | monthly | Dec 1980 - Nov 2025 |
| Croatia (%) | 7.7 Nov 2025 | monthly | Jun 1995 - Nov 2025 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 2.7 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
| Ecuador (%) | 13.5 Oct 2025 | monthly | Dec 2007 - Oct 2025 |
| Egypt (%) | 22.1 Nov 2025 | monthly | Jan 1997 - Nov 2025 |
| Estonia (%) | 4.5 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| European Union (%) | 3.2 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Finland (%) | 3.1 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| France (%) | 1.1 Nov 2025 | monthly | Dec 1978 - Nov 2025 |
| Georgia (%) | 17.9 Oct 2025 | monthly | Oct 1996 - Oct 2025 |
| Germany (%) | 3.5 Nov 2025 | monthly | Jan 1970 - Nov 2025 |
| Ghana (%) | 30.3 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Greece (%) | 3.6 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Hong Kong SAR, China (%) | 10.6 Oct 2025 | monthly | Dec 1981 - Oct 2025 |
| Hungary (%) | 5.8 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Iceland (%) | 6.0 Nov 2025 | monthly | Sep 1987 - Nov 2025 |
| India (%) | 11.3 Sep 2025 | monthly | Mar 1995 - Sep 2025 |
| Indonesia (%) | 8.3 Nov 2025 | monthly | Feb 1969 - Nov 2025 |
| Iran (%) | 32.4 Jun 2025 | monthly | Dec 2000 - Jun 2025 |
| Ireland (%) | 6.1 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Israel (%) | 6.6 Sep 2025 | monthly | Apr 1982 - Sep 2025 |
| Italy (%) | 2.6 Oct 2025 | monthly | Dec 1975 - Oct 2025 |
| Ivory Coast (%) | 22.4 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Japan (%) | 1.8 Nov 2025 | monthly | Jan 1968 - Nov 2025 |
| Jordan (%) | 5.7 Oct 2025 | monthly | Jan 1991 - Oct 2025 |
| Kazakhstan (%) | 15.6 Nov 2025 | monthly | Dec 1994 - Nov 2025 |
| Kenya (%) | 11.2 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| South Korea (%) | 4.9 Oct 2025 | monthly | Jan 1971 - Oct 2025 |
| Kosovo (%) | 12.4 2024 | yearly | 2002 - 2024 |
| Kuwait (%) | 3.3 Nov 2025 | monthly | Jan 1995 - Nov 2025 |
| Kyrgyzstan (%) | 50.5 Sep 2025 | monthly | Jan 1995 - Sep 2025 |
| Laos (%) | 15.7 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Latvia (%) | 7.6 Nov 2025 | monthly | Jan 2015 - Nov 2025 |
| Lebanon (%) | 33.9 Sep 2025 | monthly | Dec 1980 - Sep 2025 |
| Lithuania (%) | 8.4 Oct 2025 | monthly | Dec 1994 - Oct 2025 |
| Luxembourg (%) | 5.7 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Macau SAR, China (%) | 6.8 Nov 2025 | monthly | Jun 1985 - Nov 2025 |
| North Macedonia (%) | 11.7 Nov 2025 | monthly | Jan 2004 - Nov 2025 |
| Malawi (%) | 51.0 Sep 2025 | monthly | Jan 1976 - Sep 2025 |
| Malaysia (%) | 3.9 Nov 2025 | monthly | Dec 1970 - Nov 2025 |
| Malta (%) | 3.9 Nov 2025 | monthly | Jan 2009 - Nov 2025 |
| Mauritius (%) | 8.9 Nov 2025 | monthly | Jul 1977 - Nov 2025 |
| Mexico (%) | 7.6 Nov 2025 | monthly | Dec 1986 - Nov 2025 |
| Moldova (%) | 12.9 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Mongolia (%) | 10.5 Nov 2025 | monthly | Dec 1997 - Nov 2025 |
| Montenegro (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Morocco (%) | 9.1 Oct 2025 | monthly | Jan 1986 - Oct 2025 |
| Mozambique (%) | 11.9 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Myanmar (%) | 20.0 Mar 2025 | quarterly | Dec 2002 - Mar 2025 |
| Nepal (%) | 12.5 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Netherlands (%) | 2.9 Nov 2025 | monthly | Dec 1957 - Nov 2025 |
| New Zealand (%) | 4.5 Nov 2025 | monthly | Mar 1989 - Nov 2025 |
| Nigeria (%) | 12.8 Nov 2025 | monthly | Apr 1991 - Nov 2025 |
| Norway (%) | 5.5 Nov 2025 | monthly | Dec 1993 - Nov 2025 |
| Oman (%) | 4.3 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Pakistan (%) | 14.4 Nov 2025 | monthly | Jan 1989 - Nov 2025 |
| Palestinian Territory (%) | 15.8 Nov 2025 | monthly | Jul 2003 - Nov 2025 |
| Panama (%) | 9.7 Sep 2025 | monthly | Dec 2003 - Sep 2025 |
| Paraguay (%) | 13.2 Nov 2025 | monthly | Dec 1989 - Nov 2025 |
| Peru (%) | 5.3 Nov 2025 | monthly | Jan 1993 - Nov 2025 |
| Philippines (%) | 8.8 Oct 2025 | monthly | Dec 1989 - Oct 2025 |
| Poland (%) | 10.6 Nov 2025 | monthly | Dec 1997 - Nov 2025 |
| Portugal (%) | 6.0 Oct 2025 | monthly | Dec 1980 - Oct 2025 |
| Qatar (%) | 1.2 Nov 2025 | monthly | Jan 1983 - Nov 2025 |
| Romania (%) | 6.6 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| Russia (%) | 13.0 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Saudi Arabia (%) | 6.6 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Serbia (%) | 11.0 Nov 2025 | monthly | Aug 2002 - Nov 2025 |
| Singapore (%) | 6.1 Nov 2025 | monthly | Mar 2005 - Nov 2025 |
| Slovakia (%) | 4.7 Nov 2025 | monthly | Dec 2001 - Nov 2025 |
| Slovenia (%) | 6.5 Nov 2025 | monthly | Jan 2008 - Nov 2025 |
| South Africa (%) | 7.8 Nov 2025 | monthly | Mar 1966 - Nov 2025 |
| Spain (%) | 4.7 Nov 2025 | monthly | Jan 1963 - Nov 2025 |
| Sri Lanka (%) | 10.8 Sep 2025 | monthly | Jan 1995 - Sep 2025 |
| Sudan (%) | 82.3 Nov 2025 | monthly | Dec 2004 - Nov 2025 |
| Sweden (%) | 3.2 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Switzerland (%) | 16.2 Oct 2025 | monthly | Dec 1985 - Oct 2025 |
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Learn more about what we doGhana Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.5 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Consolidated Fiscal Balance (USD mn) | -386.239 Jul 2025 | monthly | Jan 2008 - Jul 2025 |
| Tax Revenue (USD mn) | 1,324.882 Jul 2025 | monthly | Jan 2008 - Jul 2025 |
| Tax Revenue: % of GDP (%) | 15.1 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Government Debt: % of GDP (%) | 61.8 2024 | yearly | 2006 - 2024 |
| Forecast: Government Expenditure (GHS bn) | 515.173 2030 | yearly | 1980 - 2030 |
| Forecast: Government Net Debt (GHS bn) | 1,249.811 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (GHS bn) | 449.164 2030 | yearly | 1982 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,084.1 Oct 2025 | monthly | Mar 2005 - Oct 2025 |
| Total Exports (USD mn) | 1,909.0 Aug 2025 | monthly | Jan 2010 - Aug 2025 |
| Total Exports Growth (%) | 68.4 Oct 2025 | monthly | Jan 2011 - Oct 2025 |
| Aluminum: Exports (USD th) | 89,599.170 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 14,051.656 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 627.649 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 1,731.9 Oct 2025 | monthly | Mar 2005 - Oct 2025 |
| Total Imports Growth (%) | 32.1 Oct 2025 | monthly | Mar 2006 - Oct 2025 |
| Imports: Medicament (USD th) | 219,248.874 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 133,353.690 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 31.072 Sep 2025 | monthly | Feb 1985 - Sep 2025 |
| Total Imports from USA (USD mn) | 97.131 Sep 2025 | monthly | Jun 1995 - Sep 2025 |
| Total Exports to China (USD mn) | 136.736 Sep 2025 | monthly | May 1995 - Sep 2025 |
| Total Imports from China (USD mn) | 347.508 Sep 2025 | monthly | Jun 1986 - Sep 2025 |
| Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 101.215 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -10.0 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Current Account Balance (USD mn) | 239.0 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 4.4 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 524.9 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 2.0 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | -61.216 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -0.2 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -53.3 2024 | yearly | 1975 - 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -49.184 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| External Debt (USD mn) | 29,110.3 Jun 2025 | monthly | Jan 2012 - Jun 2025 |
| External Debt: % of GDP (%) | 34.4 2024 | yearly | 1999 - 2024 |
| Forecast: Current Account Balance (USD bn) | 0.197 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | -27,118.991 2024 | yearly | 2006 - 2024 |
| Imports (USD mn) | 1,731.926 Oct 2025 | monthly | Mar 2005 - Oct 2025 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 19.5 Oct 2025 | monthly | Dec 2005 - Oct 2025 |
| Non-Performing Loans (USD mn) | 2,008.748 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Money Supply M1 (USD mn) | 16,642.008 Jun 2025 | quarterly | Mar 1990 - Jun 2025 |
| Money Supply M2 (USD mn) | 25,721.726 Jun 2025 | quarterly | Mar 1990 - Jun 2025 |
| M2 Growth (%) | 30.3 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.623 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.4 Jan 2024 | monthly | Mar 2005 - Jan 2024 |
| Gold Reserves (Metric Ton) | 1,000.000 2024 | yearly | 2008 - 2024 |
| Total Deposits (USD mn) | 24,675.872 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Total Deposits Growth (%) | 8.5 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Domestic Credit (USD mn) | 22,480.6 May 2025 | monthly | Jan 1967 - May 2025 |
| Domestic Credit Growth (%) | -9.1 May 2025 | monthly | Jan 1968 - May 2025 |
| Total Loans (USD mn) | 8,145.191 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Total Loans Growth (%) | 10.52 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Private Debt: % of Nominal GDP (%) | 6.78 Mar 2025 | quarterly | Dec 2006 - Mar 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 14.8 Oct 2025 | monthly | Dec 2013 - Oct 2025 |
More Indicators for Ghana
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