Business Bank Credit Access Statistics in Ghana (2026)
21.9% of firms in Ghana had a bank loan or line of credit in 2023, World Bank World Development Indicators data show. Down from 23.3% in 2013 to 21.9% in 2023 (−1.5 percentage points). Ghana ranks #21 of 45 economies in Sub-Saharan Africa on this measure, and #100 of 145 globally.
Key Statistics
- Latest value (2023)
- 21.9% (2023)
- Business Bank Credit Access in Ghana as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2013
- −1.5 pp (2023)
- Down from 23.3% in 2013 to 21.9% in 2023 (−1.5 percentage points).
- Earliest value in this dataset (2007)
- 22.2% (2007)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 22.2% in 2007 to 21.9% in 2023.
- Peak value (2013)
- 23.3% (2013)
- Highest value in the available series; the 2023 value is 21.9%.
- Rank in Sub-Saharan Africa
- #21 of 45 (2023)
- Ghana ranks 21 of 45 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #100 of 145 (2023)
- Ghana ranks 100 of 145 countries with data globally.
- Sub-Saharan Africa average
- 23% (2023)
- Ghana (21.9%) is below the average of 23% across the 45 countries in Sub-Saharan Africa with data.
- Firms using banks to finance working capital (% of firms) (2023)
- 26% (2023)
- Related indicator from World Bank World Development Indicators.
- Firms using banks to finance investment (% of firms) (2023)
- 14.1% (2023)
- Related indicator from World Bank World Development Indicators.
- 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, 2007–2023
| Year | % of firms | Change |
|---|---|---|
| 2023 | 21.9% | −1.5 pp |
| 2013 | 23.3% | +1.2 pp |
| 2007 | 22.2% | — |
Frequently asked questions
What share of firms in Ghana had a bank loan or line of credit?
21.9% of firms in Ghana had a bank loan or line of credit in 2023, according to World Bank World Development Indicators data.
Where does Ghana rank globally on business bank credit access?
Ghana ranks 100 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
When did business bank credit access in Ghana peak?
The highest value in the available series was 23.3% in 2013; the latest (2023) value is 21.9%.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKL.ZS, 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 .