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. 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, depth - Recent values chart

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




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
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