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Ghana

Ghana Money and quasi money Stats

Definitions

  • M2 > Current LCU: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency."
  • M2 as % of GDP: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS)."
  • M2 to total > Reserves ratio: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices."
STAT AMOUNT DATE RANK HISTORY
M2 > Current LCU 4 billion 2006 136th out of 155
M2 as % of GDP 29.17% 2006 102nd out of 151
M2 to total > Reserves ratio 1.93 2006 100th out of 149

SOURCES: International Monetary Fund, International Financial Statistics and data files.; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

Citation

"Ghana Money and quasi money Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Ghana/Economy/Financial-sector/Monetary-holdings/Liabilities/Money-and-quasi-money