Broad money to total reserves ratio in Ghana

Ghana: Broad money to total reserves ratio was 6.66 ratio in 2023. ▲ Rising

Latest (2023)
6.66 ratio
Change on year
up 48.3%
World rank
29th
of 152 countries
All-time high
6.66 ratio
in 2023
All-time low
1.61 ratio
in 2003
Years of data
24
2000–2023

Broad money to total reserves ratio in Ghana, 2000–2023

2462000201120232000: 4.5 ratio2001: 4.5 ratio2002: 3.3 ratio2003: 1.6 ratio2004: 1.7 ratio2005: 1.8 ratio2006: 2.1 ratio2007: 2.9 ratio2008: 3.9 ratio2009: 2 ratio2010: 1.9 ratio2011: 2 ratio2012: 2.1 ratio2013: 2.5 ratio2014: 2.3 ratio2015: 2.2 ratio2016: 2.5 ratio2017: 2.2 ratio2018: 2.7 ratio2019: 2.4 ratio2020: 2.7 ratio2021: 2.5 ratio2022: 4.5 ratio2023: 6.7 ratio

Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.

Analysis

In 2023, broad money to total reserves ratio in Ghana stood at 6.66 ratio. That is the highest value across all 24 years on record.

That represents a change of up 48.3% on the previous year and up 169.6% over ten years.

Over the whole period, broad money to total reserves ratio in Ghana peaked at 6.66 ratio in 2023 and was at its lowest, 1.61 ratio, in 2003.

Ghana ranks 29th of 152 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.83 ratio 1.61 ratio 4.54 ratio 10
2010s 2.28 ratio 1.85 ratio 2.69 ratio 10
2020s 4.11 ratio 2.54 ratio 6.66 ratio 4

Countries ranked near Ghana

  1. 26 South Sudan 7.05 ratio compare
  2. 27 Sri Lanka 6.92 ratio compare
  3. 28 Brazil 6.8 ratio compare
  4. 30 Maldives 6.52 ratio compare
  5. 31 Vietnam 6.51 ratio compare
  6. 32 Chile 6.13 ratio compare

See the full ranking of 152 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is broad money to total reserves ratio in Ghana?
Broad money to total reserves ratio in Ghana was 6.66 ratio in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest broad money to total reserves ratio recorded in Ghana?
The highest recorded value was 6.66 ratio in 2023.
What is the lowest broad money to total reserves ratio recorded in Ghana?
The lowest recorded value was 1.61 ratio in 2003.
How does Ghana rank for broad money to total reserves ratio?
Ghana ranks 29th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Ghana?
Over the last ten years it is up 169.6%. The long-run trend across the full record is rising.
Where does this Ghana data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Broad money to total reserves ratio
Unit
ratio
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 3,350 data points, 2000–2023
Last refreshed

Broad money to total reserves ratio