Financial and insurance activities (banking), value added in Ghana
Ghana: Financial and insurance activities (banking), value added was 799.00 million constant LCU in 2011. ▲ Rising
Financial and insurance activities (banking), value added in Ghana, 2006–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
The most recent figure for financial and insurance activities (banking), value added in Ghana is 799.00 million constant LCU, measured in 2011. That is the highest value across all 6 years on record.
The figure is up 1.0% on the previous year and up 69.0% over ten years.
Ghana ranks 23rd of 31 countries on this measure, in the middle of the range.
Financial and insurance activities (banking), value added in Ghana, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2006 | 472.86 million constant LCU | — |
| 2007 | 559.77 million constant LCU | +18.4% |
| 2008 | 620.12 million constant LCU | +10.8% |
| 2009 | 677.94 million constant LCU | +9.3% |
| 2010 | 791.00 million constant LCU | +16.7% |
| 2011 | 799.00 million constant LCU | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 582.67 million constant LCU | 472.86 million constant LCU | 677.94 million constant LCU | 4 |
| 2010s | 795.00 million constant LCU | 791.00 million constant LCU | 799.00 million constant LCU | 2 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 649.98 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 37.37 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2925 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 952.81 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 21.47 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 3.67 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 11,964 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.3 % change on previous year (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Ghana?
- Financial and insurance activities (banking), value added in Ghana was 799.00 million constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Ghana?
- The highest recorded value was 799.00 million constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Ghana?
- The lowest recorded value was 472.86 million constant LCU in 2006.
- How does Ghana rank for financial and insurance activities (banking), value added?
- Ghana ranks 23rd out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Ghana?
- Over the last ten years it is up 69.0%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.