Ghana: Private sector credit

* indicates monthly or quarterly data series
The most recent value is 95.54 billion Ghanaian cedi as of December 2024, a decline compared to the previous value of 95.69 billion Ghanaian cedi. Historically, the average for Ghana from December 2008 to December 2024 is 34.49 billion Ghanaian cedi. The minimum of 4.88 billion Ghanaian cedi was recorded in December 2008, while the maximum of 95.69 billion Ghanaian cedi was reached in November 2024. Click on the following link to see the values of: Private sector credit around the world.
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* indicates monthly or quarterly data series

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Recent values Ghana: Private sector credit, billion currency units
2024  Dec 95.54
2024  Nov 95.69
2024  Oct 94.48
2024  Sep 91.53
2024  Aug 86.68
2024  Jul 84.77
2024  Jun 84.48
2024  May 81.29


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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.

 Related indicators Latest Reference Measure
 Inflation 38.1 2023 percent
 Exchange rate regimes 6 2022 index points
 USD exchange rate 15.3715 4/2025 Local Currency Units per USD
 Money supply (broad money) 329.74 12/2024 billion
 Consumer Price Index (CPI) 256.5000 3/2025 index points
 Inflation, monthly 0.23 3/2025 percent
 Inflation, annual 22.43 3/2025 percent
 Private sector credit 95.54 12/2024 billion
 Deposit interest rate 11.00 12/2024 percent
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