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Broad Money (Local Currency) rose 28.4% to GHS 121 bil in Ghana in 2020

Broad Money (Local Currency) (GHS bil), 2020
Economy | Ghana | February 1, 2023
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Broad money rose 28.4% to GHS 121 bil in Ghana in 2020, according to the National Statistical Office.

Historically, broad money in Ghana reached an all time high of GHS 121 bil in 2020 and an all time low of GHS < 0.001 bil in 1960. When compared to Ghana's main peers, broad money in Benin amounted to XOF 2,752 bil, XOF 13,043 bil in Ivory Coast and XOF 2,013 bil in Togo in 2020.

Ghana has been ranked 94th within the group of 121 countries we follow in terms of broad money, 30 places above the position seen 10 years ago.

Broad Money (Local Currency) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Benin XOF bil 1,966 2,086 2,090 2,112 2,213
Burkina Faso XOF bil 2,085 2,490 2,781 3,367 3,718
Ghana GHS bil 37.5 47.1 57.7 67.0 77.5
Guinea GNF bil 14,408 16,368 18,475 21,599 23,722
Ivory Coast XOF bil 5,986 7,072 7,853 8,575 9,724
Liberia LRD bil 0.616 0.669 0.615 0.680 0.701 ... ...
Mali XOF bil 1,884 2,079 2,303 2,402 2,744
Niger XOF bil 1,065 1,113 1,210 1,150 1,126
Nigeria NGN bil 20,452 21,288 28,084 28,474 32,740
Togo XOF bil 1,058 1,277 1,436 1,579 1,726