Ghana M2 Growth
1991 - 2024 | Quarterly | % | CEIC Data
Key information about Ghana M2 Growth
- Ghana Money Supply M2 increased 44.5 % YoY in Sep 2024, compared with a growth of 35.6 % in the previous quarter
- Ghana Money Supply M2 growth data is updated quarterly, available from Mar 1991 to Sep 2024
- The data reached an all-time high of 59.2 % in Dec 1992 and a record low of 12.0 % in Dec 2021
CEIC calculates quarterly M2 Growth Rate from quarterly M2. Тhe Bank of Ghana provides M2 in local currency
View Ghana's M2 Growth from Mar 1991 to Sep 2024 in the chart:
What was Ghana's M2 Growth in Sep 2024?
Ghana Money Supply M2 increased 44.5 % YoY in Sep 2024, compared with a growth of 35.6 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 44.5 Sep 2024 | 35.6 Jun 2024 | 12.0 Dec 2021 | 59.2 Dec 1992 | % | quarterly | Mar 1991 - Sep 2024 |
M2 Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 5.8 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
| Algeria (%) | 4.0 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Argentina (%) | 222.6 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Armenia (%) | 16.9 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Australia (%) | 5.5 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
| Austria (%) | 2.9 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
| Azerbaijan (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
| Bahrain (%) | 2.2 Nov 2024 | monthly | Dec 1975 - Nov 2024 |
| Bangladesh (%) | 8.0 Nov 2024 | monthly | Jun 1987 - Nov 2024 |
| Belarus (%) | 28.6 Dec 2024 | monthly | Dec 1990 - Dec 2024 |
| Belgium (%) | 6.9 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
| Bolivia (%) | 15.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
| Bosnia and Herzegovina (%) | 9.3 Dec 2024 | monthly | Aug 1998 - Dec 2024 |
| Botswana (%) | 7.7 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Brazil (%) | 11.6 Dec 2024 | monthly | Jan 1971 - Dec 2024 |
| Bulgaria (%) | 8.7 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
| Cambodia (%) | 16.8 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| Canada (%) | 5.8 Nov 2024 | monthly | Jan 1969 - Nov 2024 |
| Chile (%) | 5.1 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
| China (%) | 7.3 Dec 2024 | monthly | Mar 1997 - Dec 2024 |
| Colombia (%) | 8.6 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
| Croatia (%) | 4.2 Dec 2024 | monthly | Jun 1995 - Dec 2024 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 7.7 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
| Ecuador (%) | 10.6 Nov 2024 | monthly | Dec 2007 - Nov 2024 |
| Egypt (%) | 31.1 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Estonia (%) | 7.4 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
| European Union (%) | 3.1 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
| Finland (%) | -0.8 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
| France (%) | 0.4 Dec 2024 | monthly | Dec 1978 - Dec 2024 |
| Georgia (%) | 10.4 Dec 2024 | monthly | Oct 1996 - Dec 2024 |
| Germany (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Ghana (%) | 44.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Greece (%) | 2.5 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Hong Kong SAR, China (%) | 7.3 Dec 2024 | monthly | Dec 1981 - Dec 2024 |
| Hungary (%) | 7.7 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Iceland (%) | 12.9 Dec 2024 | monthly | Sep 1987 - Dec 2024 |
| India (%) | 7.9 Nov 2024 | monthly | Mar 1995 - Nov 2024 |
| Indonesia (%) | 4.4 Dec 2024 | monthly | Feb 1969 - Dec 2024 |
| Iran (%) | 26.8 Jun 2024 | monthly | Dec 2000 - Jun 2024 |
| Ireland (%) | 7.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Israel (%) | 9.3 Oct 2024 | monthly | Apr 1982 - Oct 2024 |
| Italy (%) | 3.6 Nov 2024 | monthly | Dec 1975 - Nov 2024 |
| Ivory Coast (%) | 4.6 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
| Japan (%) | 1.3 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Jordan (%) | 6.1 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
| Kazakhstan (%) | 19.7 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
| Kenya (%) | 7.0 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| South Korea (%) | 6.2 Nov 2024 | monthly | Jan 1971 - Nov 2024 |
| Kosovo (%) | 11.3 2023 | yearly | 2002 - 2023 |
| Kuwait (%) | 4.3 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Kyrgyzstan (%) | 31.5 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Laos (%) | 23.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Latvia (%) | 6.7 Dec 2024 | monthly | Jan 2015 - Dec 2024 |
| Lebanon (%) | 7.4 Nov 2024 | monthly | Dec 1980 - Nov 2024 |
| Lithuania (%) | 11.8 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
| Luxembourg (%) | 7.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Macau SAR, China (%) | 8.0 Dec 2024 | monthly | Jun 1985 - Dec 2024 |
| North Macedonia (%) | 6.5 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Malawi (%) | 36.0 Jun 2023 | monthly | Jan 1976 - Jun 2023 |
| Malaysia (%) | 3.7 Dec 2024 | monthly | Dec 1970 - Dec 2024 |
| Malta (%) | 5.6 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
| Mauritius (%) | 13.4 Nov 2024 | monthly | Jul 1977 - Nov 2024 |
| Mexico (%) | 14.3 Dec 2024 | monthly | Dec 1986 - Dec 2024 |
| Moldova (%) | 14.6 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Mongolia (%) | 15.2 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
| Montenegro (%) | 12.0 2023 | yearly | 2003 - 2023 |
| Morocco (%) | 8.1 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Mozambique (%) | 14.9 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
| Myanmar (%) | 15.9 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
| Nepal (%) | 10.2 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Netherlands (%) | 1.5 Dec 2024 | monthly | Dec 1957 - Dec 2024 |
| New Zealand (%) | 4.1 Dec 2024 | monthly | Mar 1989 - Dec 2024 |
| Nigeria (%) | 52.7 Nov 2024 | monthly | Nov 1993 - Nov 2024 |
| Norway (%) | 3.4 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
| Oman (%) | 11.0 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Pakistan (%) | 8.0 Dec 2024 | monthly | Jan 1989 - Dec 2024 |
| Palestinian Territory (%) | 7.1 Dec 2024 | monthly | Jul 2003 - Dec 2024 |
| Panama (%) | 8.4 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
| Paraguay (%) | 12.0 Dec 2024 | monthly | Dec 1989 - Dec 2024 |
| Peru (%) | 11.6 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Philippines (%) | 8.2 Nov 2024 | monthly | Dec 1989 - Nov 2024 |
| Poland (%) | 8.5 Nov 2024 | monthly | Dec 1997 - Nov 2024 |
| Portugal (%) | 6.7 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
| Qatar (%) | -0.6 Dec 2024 | monthly | Jan 1983 - Dec 2024 |
| Romania (%) | 11.3 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Russia (%) | 19.2 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
| Saudi Arabia (%) | 9.7 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Serbia (%) | 17.7 Dec 2024 | monthly | Aug 2002 - Dec 2024 |
| Singapore (%) | 6.7 Dec 2024 | monthly | Mar 2005 - Dec 2024 |
| Slovakia (%) | 5.4 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
| Slovenia (%) | 1.3 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| South Africa (%) | 6.1 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
| Spain (%) | 4.9 Dec 2024 | monthly | Jan 1963 - Dec 2024 |
| Sri Lanka (%) | 10.2 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Sudan (%) | 43.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
| Sweden (%) | 1.1 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Switzerland (%) | -10.4 Jun 2023 | monthly | Dec 1985 - Jun 2023 |
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Learn more about what we doGhana Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.5 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -305.529 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Tax Revenue (USD mn) | 776.284 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Tax Revenue: % of GDP (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
| Government Debt: % of GDP (%) | 72.3 2023 | yearly | 2006 - 2023 |
| Forecast: Government Expenditure (GHS bn) | 408.854 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (GHS bn) | 1,296.452 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (GHS bn) | 349.498 2029 | yearly | 1982 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 542.1 Oct 2024 | monthly | Mar 2005 - Oct 2024 |
| Total Exports (USD mn) | 1,842.1 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| Total Exports Growth (%) | 19.0 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
| Aluminum: Exports (USD th) | 103,616.725 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 11,448.519 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 382.361 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 1,300.0 Oct 2024 | monthly | Mar 2005 - Oct 2024 |
| Total Imports Growth (%) | 2.3 Oct 2024 | monthly | Mar 2006 - Oct 2024 |
| Imports: Medicament (USD th) | 158,976.676 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 83,941.840 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 40.580 Oct 2024 | monthly | Feb 1985 - Oct 2024 |
| Total Imports from USA (USD mn) | 98.074 Oct 2024 | monthly | Jun 1995 - Oct 2024 |
| Total Exports to China (USD mn) | 129.865 Oct 2024 | monthly | May 1995 - Oct 2024 |
| Total Imports from China (USD mn) | 388.099 Oct 2024 | monthly | Jun 1986 - Oct 2024 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 101.215 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 24.3 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
| Non-Performing Loans (USD mn) | 1,397.674 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Money Supply M1 (USD mn) | 9,768.702 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Money Supply M2 (USD mn) | 14,509.715 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| M2 Growth (%) | 44.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.820 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.4 Jan 2024 | monthly | Mar 2005 - Jan 2024 |
| Gold Reserves (Metric Ton) | 1,000.000 2024 | yearly | 2008 - 2024 |
| Total Deposits (USD mn) | 16,798.963 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Deposits Growth (%) | 38.9 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Domestic Credit (USD mn) | 18,658.7 Nov 2024 | monthly | Jan 1967 - Nov 2024 |
| Domestic Credit Growth (%) | 18.8 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
| Total Loans (USD mn) | 5,796.138 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans Growth (%) | 28.50 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 8.99 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 14.4 Aug 2024 | monthly | Dec 2013 - Aug 2024 |
More Indicators for Ghana
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