Ghana: bank credit to private sector as a share of GDP 2022

The credit granted to the private sector by commercial banks as share of GDP in Ghana decreased by 0.7 percentage points (-5.82 percent) in 2022 in comparison to the previous year. This marks the lowest share during the observed period.
Domestic credit to the private sector by banks is defined as the financial resources directed towards the private sector from corporations receiving deposits (excluding banks). These resources can be provided in the form of loans, nonequity security purchases or trade credits.

Find more statistics on other topics about Ghana with key insights such as domestic credit to the private sector as a share of GDP.

Domestic credit provided by banks to the private sector as a share of the Gross Domestic Product (GDP) in Ghana from 2011 to 2022

Characteristic	Domestic credit as a share of GDP
2022	11.35%
2021	12.02%
2020	12.09%
2019	13.04%
2018	12.78%
2017	15.14%
2016	16.53%
2015	17.12%
2014	15.74%
2013	14.54%
2012	17.16%
2011	16.53%

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Release date

March 2024

More information

Region

Ghana

Survey time period

2011 to 2022

Supplementary notes

According to the source, domestic credit to private sector refers 'to financial resources provided to the private sector by financial corporations, such as through loans, purchases of non-equity securities, and trade credits and other accounts receivable, that establish a claim for repayment'.

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