Domestic financing, monetary system credit (current LCU) in Ghana
Ghana: Domestic financing, monetary system credit (current LCU) was -583.83 million current LCU in 2010. ◆ Volatile
Domestic financing, monetary system credit in Ghana, 1974–2010
Source: World Bank country economists. Measured in current LCU.
Analysis
Ghana recorded -583.83 million current LCU for domestic financing, monetary system credit in 2010.
That represents a change of up 26.8% on the previous year and down 1,826.6% over ten years.
Over the whole period, domestic financing, monetary system credit in Ghana peaked at 1.26 billion current LCU in 2003 and was at its lowest, -1.19 billion current LCU, in 2007.
Ghana ranks 33rd of 49 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic financing, monetary system credit (current LCU) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1974 | 106,000 current LCU | — |
| 1975 | 311,000 current LCU | +193.4% |
| 1976 | 167,000 current LCU | -46.3% |
| 1977 | 43,000 current LCU | -74.3% |
| 1978 | 257,000 current LCU | +497.7% |
| 1979 | 176,000 current LCU | -31.5% |
| 1980 | 300,600 current LCU | +70.8% |
| 1981 | 247,100 current LCU | -17.8% |
| 1982 | -740,000 current LCU | -399.5% |
| 1983 | -1.12 million current LCU | +51.4% |
| 1984 | -2.14 million current LCU | +91.4% |
| 1985 | -3.73 million current LCU | +74.0% |
| 1986 | -5.07 million current LCU | +35.8% |
| 1987 | 10.25 million current LCU | -302.3% |
| 1988 | -2.21 million current LCU | -121.6% |
| 1989 | -4.43 million current LCU | +100.2% |
| 1990 | -6.65 million current LCU | +50.1% |
| 1991 | 22.64 million current LCU | -440.2% |
| 1992 | 52.79 million current LCU | +133.2% |
| 1993 | 34.99 million current LCU | -33.7% |
| 1994 | 129.00 million current LCU | +268.7% |
| 1995 | 231.90 million current LCU | +79.8% |
| 1996 | 114.26 million current LCU | -50.7% |
| 1997 | 116.14 million current LCU | +1.7% |
| 1998 | -96.01 million current LCU | -182.7% |
| 1999 | 164.04 million current LCU | -270.9% |
| 2000 | 33.81 million current LCU | -79.4% |
| 2001 | 51.87 million current LCU | +53.4% |
| 2002 | -324.22 million current LCU | -725.0% |
| 2003 | 1.26 billion current LCU | -487.1% |
| 2004 | 766.69 million current LCU | -38.9% |
| 2005 | 972.94 million current LCU | +26.9% |
| 2006 | 718.53 million current LCU | -26.1% |
| 2007 | -1.19 billion current LCU | -265.2% |
| 2008 | -1.05 billion current LCU | -11.8% |
| 2009 | -797.72 million current LCU | -23.8% |
| 2010 | -583.83 million current LCU | -26.8% |
Ghana compared with similar countries
- Ghana's -583.83 million current LCU is below the median for Sub-Saharan Africa, which is 100.00 million current LCU. (45 countries reporting)
- Ghana's -583.83 million current LCU is below the median for lower middle income countries, which is 100.00 million current LCU. (23 countries reporting)
Biggest year-on-year movements
Years where Domestic financing, monetary system credit (current LCU) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | -725.0% | 51.87 million current LCU | -324.22 million current LCU |
| 1978 | +497.7% | 43,000 current LCU | 257,000 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 176,667 current LCU | 43,000 current LCU | 311,000 current LCU | 6 |
| 1980s | -865,380 current LCU | -5.07 million current LCU | 10.25 million current LCU | 10 |
| 1990s | 76.31 million current LCU | -96.01 million current LCU | 231.90 million current LCU | 10 |
| 2000s | 44.36 million current LCU | -1.19 billion current LCU | 1.26 billion current LCU | 10 |
| 2010s | -583.83 million current LCU | -583.83 million current LCU | -583.83 million current LCU | 1 |
Countries ranked near Ghana
More science & technology data for Ghana
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 113.65 (2024)
- Mobile cellular subscriptions by country, per capita 1.14 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0005 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 39.13 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 146.72 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 15.02 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 17.2 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 14 (2023)
- Patent applications, nonresidents 14 (2023)
Frequently asked questions
- What is domestic financing, monetary system credit in Ghana?
- Domestic financing, monetary system credit in Ghana was -583.83 million current LCU in 2010, according to World Bank country economists.
- What is the highest domestic financing, monetary system credit recorded in Ghana?
- The highest recorded value was 1.26 billion current LCU in 2003.
- What is the lowest domestic financing, monetary system credit recorded in Ghana?
- The lowest recorded value was -1.19 billion current LCU in 2007.
- How does Ghana rank for domestic financing, monetary system credit?
- Ghana ranks 33rd out of 49 countries with data for 2010.
- Is domestic financing, monetary system credit rising or falling in Ghana?
- Over the last ten years it is down 1,826.6%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from World Bank country economists, published as part of Domestic financing, monetary system credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Domestic financing, monetary system credit. Data are in current local currency.