Ghana: Money supply (broad money)
* indicates monthly or quarterly data series
The most recent value is 329.74 billion Ghanaian cedi as of December 2024, an increase compared to the previous value of 326.17 billion Ghanaian cedi. Historically, the average for Ghana from November 2017 to December 2024 is 146.84 billion Ghanaian cedi. The minimum of 63.7 billion Ghanaian cedi was recorded in November 2017, while the maximum of 329.74 billion Ghanaian cedi was reached in December 2024.
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* indicates monthly or quarterly data series
- Measure: billion Ghanaian cedi
- Source: Bank of Ghana
| Recent values | Ghana: Money supply, billion currency units |
|---|---|
| 2024 Dec | 329.74 |
| 2024 Nov | 326.17 |
| 2024 Oct | 324.75 |
| 2024 Sep | 311.18 |
| 2024 Aug | 294.29 |
| 2024 Jul | 287.68 |
| 2024 Jun | 281.04 |
| 2024 May | 276.09 |
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Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 38.1 | 2023 | percent |
| Exchange rate regimes | 6 | 2022 | index points |
| USD exchange rate | 15.5034 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 329.74 | 12/2024 | billion |
| Consumer Price Index (CPI) | 255.9000 | 2/2025 | index points |
| Inflation, monthly | 1.31 | 2/2025 | percent |
| Inflation, annual | 23.15 | 2/2025 | percent |
| Private sector credit | 95.54 | 12/2024 | billion |
| Deposit interest rate | 11.00 | 12/2024 | percent |