Bank or similar financial institution account, out of laborforce in Ghana

Ghana: Bank or similar financial institution account, out of laborforce was 12.3% in 2024. ▼ Falling

Latest (2024)
12.3%
Change on year
down 42.0%
World rank
92nd
of 98 countries
All-time high
32.3%
in 2017
All-time low
12.3%
in 2024
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Ghana, 2011–2024

01020302011201720242011: 19.4 % age 15+2014: 30.6 % age 15+2017: 32.3 % age 15+2021: 21.3 % age 15+2024: 12.3 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

Ghana recorded 12.3% for bank or similar financial institution account, out of laborforce in 2024. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 42.0% on the previous year and down 59.7% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Ghana peaked at 32.3% in 2017 and was at its lowest, 12.3%, in 2024.

Ghana ranks 92nd of 98 countries on this measure, in the bottom quarter.

Bank or similar financial institution account, out of laborforce in Ghana, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Ghana, 2011 to 2024.
Year % age 15+ Change
2011 19.4%
2014 30.6% +57.4%
2017 32.3% +5.7%
2021 21.3% -34.2%
2024 12.3% -42.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 27.4% 19.4% 32.3% 3
2020s 16.8% 12.3% 21.3% 2

Countries ranked near Ghana

  1. 89 Nicaragua 15.9% compare
  2. 90 Tanzania, United Republic of 15.0% compare
  3. 91 Zimbabwe 13.0% compare
  4. 93 Cameroon 11.9% compare
  5. 94 Sierra Leone 11.7% compare
  6. 95 Lebanon 10.9% compare

See the full ranking of 110 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Ghana?
Bank or similar financial institution account, out of laborforce in Ghana was 12.3% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Ghana?
The highest recorded value was 32.3% in 2017.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Ghana?
The lowest recorded value was 12.3% in 2024.
How does Ghana rank for bank or similar financial institution account, out of laborforce?
Ghana ranks 92nd out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Ghana?
Over the last ten years it is down 59.7%. The long-run trend across the full record is falling.
Where does this Ghana data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Ghana. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/ghana/

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About this data

Indicator
Bank or similar financial institution account, out of laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed