Ghana: Private sector credit

* indicates monthly or quarterly data series
The most recent value is 113.74 billion Ghanaian cedi as of March 2026, an increase compared to the previous value of 108.24 billion Ghanaian cedi. Historically, the average for Ghana from December 2008 to March 2026 is 39.17 billion Ghanaian cedi. The minimum of 4.88 billion Ghanaian cedi was recorded in December 2008, while the maximum of 113.74 billion Ghanaian cedi was reached in March 2026. 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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  • Measure: billion Ghanaian cedi
  • 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.
  • Source: Bank of Ghana

Recent values Ghana: Private sector credit, billion currency units
2026  Mar 113.74
2026  Feb 108.24
2026  Jan 109.4
2025  Dec 93.59
2025  Nov 110.23
2025  Oct 103.1
2025  Sep 101.16
2025  Aug 89.37


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Other resources:

All indicators for Ghana

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Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

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 Related indicators Latest Reference Measure
 Inflation 14.2 2025 percent
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 USD exchange rate 11.4891 9/2026 Local Currency Units per USD
 Money supply (broad money) 406.12 3/2026 billion
 Consumer Price Index (CPI) 270.8415 6/2026 index points
 Inflation, monthly 0.25 6/2026 percent
 Inflation, annual 5.26 6/2026 percent
 Private sector credit 113.74 3/2026 billion
 Deposit interest rate 10.50 3/2026 percent
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