Bank Deposits Statistics in Ghana (2026)
As of 2024, outstanding bank deposits in Ghana was 23.5% of GDP, per IMF Financial Access Survey data. Down from 24.2% of GDP in 2023 to 23.5% of GDP in 2024 (−0.7 percentage points). Ghana ranks #25 of 40 economies in Sub-Saharan Africa on this measure, and #151 of 172 globally.
Key Statistics
- Latest value (2024)
- 23.5% of GDP (2024)
- Bank Deposits in Ghana as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- −0.7 pp (2024)
- Down from 24.2% of GDP in 2023 to 23.5% of GDP in 2024 (−0.7 percentage points).
- Earliest value in this dataset (2004)
- 9.8% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 9.8% of GDP in 2004 to 23.5% of GDP in 2024.
- Peak value (2020)
- 26.5% of GDP (2020)
- Highest value in the available series; the 2024 value is 23.5% of GDP.
- Rank in Sub-Saharan Africa
- #25 of 40 (2024)
- Ghana ranks 25 of 40 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #151 of 172 (2024)
- Ghana ranks 151 of 172 countries with data globally.
- Sub-Saharan Africa average
- 39.2% of GDP (2024)
- Ghana (23.5% of GDP) is below the average of 39.2% of GDP across the 40 countries in Sub-Saharan Africa with data.
- Internet use in Ghana (2024)
- 72.2% (2024)
- 72.2% of the population in Ghana used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 34.4 million (2024)
- Ghana had a population of 34.4 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 23.5% | −0.7 pp |
| 2023 | 24.2% | −1.5 pp |
| 2022 | 25.7% | −0.5 pp |
| 2021 | 26.2% | −0.3 pp |
| 2020 | 26.5% | +3.1 pp |
| 2019 | 23.4% | +1.3 pp |
| 2018 | 22.1% | −0.0 pp |
| 2017 | 22.1% | −1.4 pp |
| 2016 | 23.5% | +1.0 pp |
| 2015 | 22.5% | +2.0 pp |
| 2014 | 20.4% | +1.7 pp |
| 2013 | 18.7% | −0.5 pp |
| 2012 | 19.2% | +1.8 pp |
| 2011 | 17.5% | +1.2 pp |
| 2010 | 16.3% | +0.9 pp |
| 2009 | 15.4% | +0.8 pp |
| 2008 | 14.6% | +2.1 pp |
| 2007 | 12.6% | +1.3 pp |
| 2006 | 11.3% | +1.9 pp |
| 2005 | 9.3% | −0.5 pp |
| 2004 | 9.8% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in Ghana?
Outstanding bank deposits in Ghana stood at 23.5% of GDP in 2024, according to IMF Financial Access Survey data.
How recent is the bank deposits data for Ghana?
The most recent observation is from 2024. IMF Financial Access Survey data is reported with a lag, so 2024 is the latest available year for Ghana.
Where does the bank deposits data for Ghana come from?
The data comes from the IMF Financial Access Survey (indicator OUTD_COMBANK.POGDP). The latest observation for Ghana is from 2024; the snapshot was retrieved on 2026-06-10.
How has bank deposits in Ghana changed over time?
IMF Financial Access Survey data show a rise from 9.8% of GDP in 2004 to 23.5% of GDP in 2024.
How does Ghana compare with other countries in Sub-Saharan Africa?
Ghana ranks 25 of 40 countries in Sub-Saharan Africa with data, with 23.5% of GDP versus a regional average of 39.2% of GDP (latest values per country).
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .