Ghana: Financial markets development

* indicates monthly or quarterly data series
 Ghana

Financial markets development

 Latest value 0.104
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.074
 Min - Max 0.019 - 0.130
 Source International Monetary Fund
The latest value from 2021 is 0.104 index points, a decline from 0.112 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Ghana from 1980 to 2021 is 0.074 index points. The minimum value, 0.019 index points, was reached in 1983 while the maximum of 0.13 index points was recorded in 2019. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Ghana - Financial markets development - Recent values chart

Historical series
Ghana - Financial markets development - historical chart - 1980-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Financial development 0.178 2021 index points
 Financial institutions development 0.246 2021 index points
 Financial institutions development, depth 0.090 2021 index points
 Financial institutions development, access 0.185 2021 index points
 Financial institutions development, efficiency 0.469 2021 index points
 Financial markets development 0.104 2021 index points
 Financial markets development, depth 0.081 2021 index points
 Financial markets development, access 0.226 2021 index points
 Financial markets development, efficiency 0.004 2021 index points
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