Net domestic credit in Ghana
Ghana: Net domestic credit was 269.34 billion current LCU in 2024. ◆ Volatile
Net domestic credit in Ghana, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Ghana recorded 269.34 billion current LCU for net domestic credit in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 13.4% on the previous year and up 453.8% over ten years.
Over the whole period, net domestic credit in Ghana peaked at 269.34 billion current LCU in 2024 and was at its lowest, -5,060 current LCU, in 1960.
Ghana ranks 114th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 28,701 current LCU | -5,060 current LCU | 56,165 current LCU | 10 |
| 1970s | 260,707 current LCU | 59,386 current LCU | 750,090 current LCU | 10 |
| 1980s | 10.60 million current LCU | 966,388 current LCU | 30.08 million current LCU | 10 |
| 1990s | 211.84 million current LCU | 33.63 million current LCU | 669.32 million current LCU | 10 |
| 2000s | 4.10 billion current LCU | 1.07 billion current LCU | 11.69 billion current LCU | 10 |
| 2010s | 53.31 billion current LCU | 14.41 billion current LCU | 99.95 billion current LCU | 10 |
| 2020s | 212.23 billion current LCU | 146.40 billion current LCU | 269.34 billion current LCU | 5 |
Countries ranked near Ghana
- 111 Guinea-Bissau 326.78 billion current LCU compare
- 112 Central African Republic 318.11 billion current LCU compare
- 113 Ireland 308.95 billion current LCU compare
- 115 Bhutan 244.31 billion current LCU compare
- 116 Cape Verde 195.38 billion current LCU compare
- 117 Nicaragua 188.32 billion current LCU compare
More financial sector data for Ghana
- Domestic credit to private sector 8.9% (2024)
- Claims on central government, etc. 12.8% (2024)
- Broad money 29.9% (2024)
- Monetary Sector credit to private sector 8.9% (2024)
- Net foreign assets 60.01 billion current LCU (2024)
- Total reserves in months of imports 1.64 (2024)
- Net migration -17,079 (2025)
- Domestic credit to private sector by banks 8.2% (2024)
- Official exchange rate 12.56 LCU per US$, period average (2025)
- Claims on central government 3.8% (2024)
Frequently asked questions
- What is net domestic credit in Ghana?
- Net domestic credit in Ghana was 269.34 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Ghana?
- The highest recorded value was 269.34 billion current LCU in 2024.
- What is the lowest net domestic credit recorded in Ghana?
- The lowest recorded value was -5,060 current LCU in 1960.
- How does Ghana rank for net domestic credit?
- Ghana ranks 114th out of 186 countries with data for 2024.
- Is net domestic credit rising or falling in Ghana?
- Over the last ten years it is up 453.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.