Ghana: Private sector credit
* indicates monthly or quarterly data series
| Ghana |
Private sector credit, billion currency units |
|---|---|
| Latest value | 70 |
| Reference | December 2022 |
| Measure | billion Ghanaian cedi |
| Source | Bank of Ghana |
For that indicator, we provide data for Ghana from December 2008 to December 2022. The average value for Ghana during that period was 27.94 billion Ghanaian cedi with a minimum of 4.88 billion Ghanaian cedi in December 2008 and a maximum of 81.85 billion Ghanaian cedi in November 2022.
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Measure: billion Ghanaian cedi
Source: Bank of Ghana
Source: Bank of Ghana
Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.