Ghana - M2 Money Supply Growth 2023
37.41%
+5.38pp from 2022
Ghana's m2 money supply growth was 37.41% in 2023, increased +5.38pp from 32.03% in 2022. This was the 115th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Haiti | -9.64% | -130.6% |
| 2nd | Burkina Faso | -2.88% | -222.2% |
| 3rd | United Kingdom | -2.63% | -130.6% |
| 4th | St. Kitts and Nevis | -1.85% | -149.6% |
| 5th | Sweden | -1.28% | -144.6% |
| 6th | Mali | -1.13% | -110.5% |
| 7th | Guinea-Bissau | -1.10% | -131.3% |
| 8th | Niger | -0.92% | -107.8% |
| 9th | Dominica | -0.45% | 64.2% |
| 10th | Benin | -0.39% | -103.0% |
| 11th | Norway | 0.43% | -92.2% |
| 12th | Aruba | 0.79% | -76.3% |
| 13th | Barbados | 0.94% | -82.5% |
| 14th | Kuwait | 1.01% | -84.4% |
| 15th | Macao SAR, China | 1.10% | -75.0% |
| 16th | Qatar | 1.14% | -93.4% |
| 17th | Uruguay | 1.34% | 178.0% |
| 18th | Grenada | 1.36% | -86.2% |
| 19th | Trinidad and Tobago | 1.40% | -25.3% |
| 20th | United States | 1.78% | 310.8% |
| 21st | Thailand | 1.95% | -49.7% |
| 22nd | Tonga | 1.99% | -44.8% |
| 23rd | Jordan | 2.09% | -61.2% |
| 24th | Japan | 2.16% | -4.9% |
| 25th | Albania | 2.35% | -51.8% |
| 26th | Chile | 2.61% | -31.1% |
| 27th | Brunei Darussalam | 2.69% | 114.9% |
| 28th | Timor-Leste | 2.71% | -68.5% |
| 29th | Côte d'Ivoire | 3.33% | -63.0% |
| 30th | Antigua and Barbuda | 3.34% | -27.3% |
| 31st | Indonesia | 3.50% | -58.1% |
| 32nd | Mozambique | 3.55% | -59.4% |
| 33rd | New Zealand | 3.56% | 94.5% |
| 34th | Hungary | 3.62% | -57.2% |
| 35th | St. Vincent and the Grenadines | 3.77% | 1,971.3% |
| 36th | Hong Kong SAR, China | 3.87% | 18.4% |
| 37th | Korea | 3.89% | -2.7% |
| 38th | Morocco | 3.91% | -51.2% |
| 39th | Australia | 3.93% | -49.8% |
| 40th | Israel | 4.64% | -20.0% |
| 41st | Denmark | 4.81% | -51.0% |
| 42nd | Costa Rica | 4.97% | 311.2% |
| 43rd | Ecuador | 5.22% | -48.5% |
| 44th | Azerbaijan | 5.25% | -77.8% |
| 45th | Seychelles | 5.73% | 846.9% |
| 46th | Malaysia | 5.83% | 45.9% |
| 47th | North Macedonia | 5.89% | 11.7% |
| 48th | Vanuatu | 5.95% | -18.8% |
| 49th | Algeria | 5.99% | -58.2% |
| 50th | São Tomé and Principe | 5.99% | -33.7% |
| 51st | Bhutan | 6.00% | -43.1% |
| 52nd | Guatemala | 6.06% | -13.5% |
| 53rd | Colombia | 6.08% | -41.6% |
| 54th | Solomon Islands | 6.13% | 16.4% |
| 55th | Cabo Verde | 6.27% | 8.1% |
| 56th | Togo | 6.68% | -56.5% |
| 57th | West Bank and Gaza | 6.80% | 5,544.2% |
| 58th | Maldives | 6.98% | 15.7% |
| 59th | Bangladesh | 7.01% | -6.5% |
| 60th | Mauritius | 7.27% | 38.2% |
| 61st | Iraq | 7.54% | -62.9% |
| 62nd | South Africa | 7.59% | -12.1% |
| 63rd | Bosnia and Herzegovina | 7.67% | 40.3% |
| 64th | Djibouti | 7.68% | 554.4% |
| 65th | Belize | 8.21% | 136.0% |
| 66th | Madagascar | 8.23% | -40.1% |
| 67th | Iceland | 8.32% | -6.2% |
| 68th | Poland | 8.54% | 62.7% |
| 69th | Bulgaria | 8.70% | -34.1% |
| 70th | Paraguay | 8.71% | 111.2% |
| 71st | Equatorial Guinea | 8.73% | -60.3% |
| 72nd | Fiji | 8.76% | 72.4% |
| 73rd | El Salvador | 8.88% | 91.1% |
| 74th | Tunisia | 8.95% | -2.0% |
| 75th | Gambia, The | 9.27% | 19.8% |
| 76th | Botswana | 9.35% | 37.8% |
| 77th | Comoros | 9.36% | 26.8% |
| 78th | Senegal | 9.61% | -55.5% |
| 79th | Congo, Republic of | 9.64% | 7.9% |
| 80th | Czechia | 9.73% | 59.4% |
| 81st | China | 9.85% | -15.6% |
| 82nd | Romania | 10.50% | 53.5% |
| 83rd | Uganda | 10.66% | 42.1% |
| 84th | Honduras | 10.97% | -11.5% |
| 85th | St. Lucia | 10.98% | 170.7% |
| 86th | Mexico | 11.02% | 50.4% |
| 87th | Kosovo | 11.28% | -3.4% |
| 88th | Kazakhstan | 11.68% | -16.2% |
| 89th | Jamaica | 11.86% | 39.2% |
| 90th | Montenegro | 11.97% | -47.8% |
| 91st | Uzbekistan | 12.16% | -59.7% |
| 92nd | Cambodia | 12.54% | 53.1% |
| 93rd | Serbia | 12.66% | 84.6% |
| 94th | Samoa | 13.68% | 86.5% |
| 95th | Tanzania | 14.06% | 20.8% |
| 96th | Dominican Republic | 14.48% | 160.1% |
| 97th | Nepal | 14.56% | 90.5% |
| 98th | Brazil | 14.69% | 15.2% |
| 99th | Georgia | 14.93% | 35.3% |
| 100th | Burundi | 15.45% | -58.4% |
| 101st | Pakistan | 16.25% | 119.3% |
| 102nd | Armenia | 17.40% | 8.0% |
| 103rd | Moldova | 18.32% | 247.5% |
| 104th | United Arab Emirates | 18.74% | 108.3% |
| 105th | Suriname | 19.62% | -58.1% |
| 106th | Kenya | 19.87% | 164.0% |
| 107th | Egypt, Arab Republic of | 19.92% | -26.6% |
| 108th | Guyana | 22.09% | 42.5% |
| 109th | Ukraine | 23.01% | 10.8% |
| 110th | Zambia | 24.58% | 0.3% |
| 111th | Rwanda | 24.76% | 8.1% |
| 112th | Mongolia | 26.83% | 315.0% |
| 113th | Malawi | 32.23% | -16.9% |
| 114th | Sierra Leone | 32.83% | -21.4% |
| 115th | Ghana | 37.41% | 16.8% |
| 116th | Angola | 37.76% | 2,772.4% |
| 117th | Tajikistan | 50.64% | 769.9% |
| 118th | South Sudan | 63.40% | -30.2% |
| 119th | Türkiye | 69.94% | 15.9% |
| 120th | Argentina | 158.55% | 80.8% |
| 121st | Zimbabwe | 708.93% | 80.9% |
FAQ
What was Ghana's m2 money supply growth in 2023?▾
Ghana's m2 money supply growth in 2023 was 37.41%. This ranked 115th globally.
How did Ghana's m2 money supply growth change in 2023?▾
Ghana's m2 money supply growth increased by 16.8% in 2023 compared to 2022.
Which country had the highest m2 money supply growth in 2023?▾
Zimbabwe had the highest m2 money supply growth in 2023 at 708.93%.
What is the m2 money supply growth of Ghana in 2023?▾
The m2 money supply growth of Ghana in 2023 was 37.41%. This ranked 115th globally.
How does 2023 compare to 2022 for Ghana's m2 money supply growth?▾
Ghana's m2 money supply growth went from 32.03% in 2022 to 37.41% in 2023, a 16.8% increase.
HistorySaid - pattern alert
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically: 128 occurrences, 35 successful (27%). View full analysis →
Related
2022
All years
Full ranking 2023
Lending Rate
Deposit Rate
Real Interest Rate
Credit to GDP
Non-Performing Loans
Peak: 1978
Lowest: 1967
M2 Money Supply Growth 1990s
M2 Money Supply Growth 2000s
M2 Money Supply Growth 2010s
M2 Money Supply Growth 2020s
Highest ever
Lowest ever
Average
vs Egypt, Arab Republic of
vs Vanuatu
vs Zimbabwe
vs Côte d'Ivoire
African Union M2 Money Supply Growth
Global Ranking