Ghana Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Ghana's gross savings was 12.79% in 2025, ranked 133rd globally. This represents a 8.8% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Ghana's gross savings stood at 12.79% in 2025, a decline of +1.23% from 2024. The IMF projects 12.79% by 2025. Ghana ranked 133rd globally.
Ghana’s gross savings ratio has fallen markedly since its post‑structural adjustment high of 22.87 percent in 2004, slipping to an all‑time trough of 3.88 percent in 2011 before modestly recovering to 12.79 percent in 2025, placing the country 133rd in the world. Over the 51‑year series the indicator averages well below the regional median, and the 2025 figure is slightly higher than the peer‑group average of Mali (13.22 percent), Costa Rica (12.70 percent) and Eswatini (13.31 percent). The steep decline after 2004 reflects a combination of fiscal deficits, external debt service pressures and lower private sector investment, while the partial rebound after 2011 coincides with improved commodity prices and tighter macro‑financial management. Continued diversification of exports and sustained reforms in public finance will be crucial to lift the savings ratio further and narrow the gap with its peers.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 17.42% | - | - |
| 2029* IMF | 16.35% | - | - |
| 2028* IMF | 15.26% | - | - |
| 2027* IMF | 14.83% | - | - |
| 2026* IMF | 14.69% | - | - |
| 2025* IMF | 12.79% | - | - |
| 2025 | 12.79% | −1.23% | #133 |
| 2024 | 14.02% | +5.47% | #136 |
| 2023 | 7.95% | −5.73% | #165 |
| 2022 | 18.71% | +3.41% | #118 |
| 2021 | 15.60% | −1.14% | #145 |
| 2020 | 21.08% | +3.69% | #93 |
| 2019 | 17.59% | −1.61% | #134 |
| 2018 | 20.00% | +3.15% | #109 |
| 2017 | 15.86% | −4.89% | #136 |
| 2016 | 18.64% | −4.26% | #118 |
| 2015 | 21.10% | +0.77% | #96 |
| 2014 | 18.24% | +2.58% | #116 |
| 2013 | 15.19% | −7.65% | #130 |
| 2012 | 5.27% | −11.76% | #171 |
| 2011 | 3.88% | −36.18% | #173 |
Detected Pattern
Analysis
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Ghana's gross savings was 12.79% in 2025. Ranked 133rd globally. This represents a 8.8% decrease from the previous year.
Ghana's gross savings peaked at 22.87% in 2004.
The lowest gross savings in Ghana was 3.88% in 2011.
Ghana ranks 133rd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Ghana's gross savings is projected to reach 12.79% by 2025 based on IMF projection.
The gross savings of Ghana in 2025 was 12.79%. This ranks 133rd in the world.
Cite this page
@misc{historysaid_ghana_gross-savings,
title = {Ghana Gross Savings},
url = {https://historysaid.com/ghana/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}