Ghana: Financial markets development, depth
* indicates monthly or quarterly data series
Ghana |
Financial markets development, depth |
---|---|
Latest value | 0.081 |
Year | 2021 |
Measure | index points |
Data availability | 1980 - 2021 |
Average | 0.045 |
Min - Max | 0.006 - 0.104 |
Source | International Monetary Fund |
The latest value from 2021 is 0.081 index points, a decline from 0.097 index points in 2020. In comparison, the world average is 0.255 index points, based on data from 157 countries. Historically, the average for Ghana from 1980 to 2021 is 0.045 index points. The minimum value, 0.006 index points, was reached in 1983 while the maximum of 0.104 index points was recorded in 1994.
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Definition: Measures the depth (size) of financial markets using the principal component methodology with the following variables: Stock market capitalization to GDP; Stocks traded to GDP; International debt securities of government to GDP; Total debt securities of financial corporations to GDP; and Total debt securities of nonfinancial corporations to GDP. 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 |