Financial soundness indicators in Ghana
Ghana: Financial soundness indicators was 5.0% in 2024. ▲ Rising
Financial soundness indicators in Ghana, 2008–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for financial soundness indicators in Ghana is 5.0%, measured in 2024.
Compared with earlier readings it is down 6.8% on the previous year and down 17.2% 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 10th out of 150 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Financial soundness indicators in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 3.3% | — |
| 2009 | 2.9% | -12.6% |
| 2010 | 3.9% | +35.1% |
| 2011 | 3.9% | +0.8% |
| 2012 | 5.0% | +28.1% |
| 2013 | 6.3% | +27.0% |
| 2014 | 6.1% | -3.5% |
| 2015 | 4.5% | -25.6% |
| 2016 | 3.8% | -16.8% |
| 2017 | 3.7% | -2.4% |
| 2018 | 3.5% | -3.8% |
| 2019 | 4.0% | +13.0% |
| 2020 | 4.3% | +8.5% |
| 2021 | 4.6% | +5.3% |
| 2022 | 3.2% | -30.6% |
| 2023 | 5.4% | +70.7% |
| 2024 | 5.0% | -6.8% |
Ghana compared with similar countries
- Ghana's 5.0% is above the median for lower middle income countries, which is 2.6%, 2.0× the median. (32 countries reporting)
- Ghana's 5.0% is above the median for Sub-Saharan Africa, which is 3.3%, 1.5× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | 2.9% | 3.3% | 2 |
| 2010s | 4.5% | 3.5% | 6.3% | 10 |
| 2020s | 4.5% | 3.2% | 5.4% | 5 |
Countries ranked near Ghana
More reference data data for Ghana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2805 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.69 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1989 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.69 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.9405 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9478 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 8.22 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.64 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.08 (2050)
Frequently asked questions
- What is financial soundness indicators in Ghana?
- Financial soundness indicators in Ghana was 5.0% in 2024, 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 10th out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in Ghana?
- Over the last ten years it is down 17.2%. 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.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).