Financial soundness indicators in Ghana

Ghana: Financial soundness indicators was 5.4% in 2023. ▲ Rising

Latest (2023)
5.4%
Change on year
up 70.7%
World rank
5th
of 146 countries
All-time high
6.3%
in 2013
All-time low
2.9%
in 2009
Years of data
16
2008–2023

Financial soundness indicators in Ghana, 2008–2023

02462008201520232008: 3.3 %2009: 2.9 %2010: 3.9 %2011: 3.9 %2012: 5 %2013: 6.3 %2014: 6.1 %2015: 4.5 %2016: 3.8 %2017: 3.7 %2018: 3.5 %2019: 4 %2020: 4.3 %2021: 4.6 %2022: 3.2 %2023: 5.4 %

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

Analysis

The most recent figure for financial soundness indicators in Ghana is 5.4%, measured in 2023.

Compared with earlier readings it is up 70.7% on the previous year and down 14.3% over ten years.

Over the whole period, financial soundness indicators in Ghana peaked at 6.3% in 2013 and was at its lowest, 2.9%, in 2009.

That places Ghana 5th out of 146 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.1% 2.9% 3.3% 2
2010s 4.5% 3.5% 6.3% 10
2020s 4.4% 3.2% 5.4% 4

Countries ranked near Ghana

  1. 2 Argentina 8.2% compare
  2. 3 Solomon Islands 6.5% compare
  3. 4 Ukraine 6.1% compare
  4. 6 Kazakhstan 5.2% compare
  5. 7 Rwanda 5.1% compare
  6. 8 Maldives 5.1% compare

See the full ranking of 146 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is financial soundness indicators in Ghana?
Financial soundness indicators in Ghana was 5.4% in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Ghana?
The highest recorded value was 6.3% in 2013.
What is the lowest financial soundness indicators recorded in Ghana?
The lowest recorded value was 2.9% in 2009.
How does Ghana rank for financial soundness indicators?
Ghana ranks 5th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Ghana?
Over the last ten years it is down 14.3%. 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 Financial soundness indicators. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)