2021 1: 68% of Ghanaians claimed financial balances putting country fifth in SSA - World Bank
Around 68% of grown-up Ghanaians own a financial balance - whether versatile cash or customary financial record - as of December 2021.
This spots Ghana at the fifth situation among 25 nations in Sub-Saharan Africa, yet first in West Africa.
As indicated by the 2021 World Bank Findex Report, 41% of grown-up Ghanaians had ledgers starting around 2014.
This shot up to 58% in 2017 and along these lines by 10% percent to 68 percent in 2021.
The report said Ghana, Cameroon Liberia, and Senegal were a few nations that saw essentially a 10 rate point development in versatile cash account possession beginning around 2017.
Nonetheless, the portion of grown-ups having financial balances in the nation has remained for the most part stale beginning around 2017.
"In Ghana, the portion of grown-ups having a record at a monetary foundation remained for the most part stale starting around 2017, yet versatile cash account possession expanded to 60% from 39% in 2017, supporting by and large record proprietorship by 11 rate focuses".
The report additionally said versatile cash accounts have turned into a significant strategy to set aside cash in Sub-Saharan Africa, where 15% of grown-ups use to store cash — about the very share that recoveries at a bank or comparable monetary establishment.
Likewise, more than 30% of grown-ups in Ghana, Kenya, and Uganda set aside cash in a versatile cash account. In the mean time, around 1-in-3 versatile cash account holders say they can't utilize their record without assistance. Ladies are 5 rate focuses almost certain than men to require help working their versatile cash accounts
In Sub-Saharan Africa, versatile cash reception kept on ascending somewhere in the range of 2017 and 2021, with the end goal that 33% of grown-ups now have a portable cash account — an offer multiple times bigger than the 10% worldwide normal of versatile cash account possession. Reception and use of portable cash administrations have spread past their starting points as a one individual to the next installment device, with the end goal that 3-out[1]of-4 versatile record proprietors in 2021 made or got something like one installment that was not one individual to another and 15% of grown-ups utilize their portable cash record to save.
The rundown of nations reviewed in 2021 incorporate Benin, Burkina Faso, Cameroon, Congo, Rep., Côte d'Ivoire, Gabon, Ghana, Guinea, Kenya, Liberia, Malawi, Mali, Mauritius, Mozambique, Namibia, Nigeria, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe.
TOP 10 COUNTRIES IN SUB-SAHARAN AFRICA WITH HIGHEST BANK ACCOUNT GROWTH
COUNTRYPERCENTAGE GROWTH (%)POSITION
Mauritius911st
South Africa852nd
Namibia813rd
Kenya794th
Ghana685th
Gabon666th
Uganda666th
Zimbabwe608th
Senegal589th
Liberia5210th
Tanzania5219th
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Around 68% of grown-up Ghanaians own a financial balance - whether versatile cash or customary financial record - as of December 2021.
This spots Ghana at the fifth situation among 25 nations in Sub-Saharan Africa, yet first in West Africa.
As indicated by the 2021 World Bank Findex Report, 41% of grown-up Ghanaians had ledgers starting around 2014.
This shot up to 58% in 2017 and along these lines by 10% percent to 68 percent in 2021.
The report said Ghana, Cameroon Liberia, and Senegal were a few nations that saw essentially a 10 rate point development in versatile cash account possession beginning around 2017.
Nonetheless, the portion of grown-ups having financial balances in the nation has remained for the most part stale beginning around 2017.
"In Ghana, the portion of grown-ups having a record at a monetary foundation remained for the most part stale starting around 2017, yet versatile cash account possession expanded to 60% from 39% in 2017, supporting by and large record proprietorship by 11 rate focuses".
The report additionally said versatile cash accounts have turned into a significant strategy to set aside cash in Sub-Saharan Africa, where 15% of grown-ups use to store cash — about the very share that recoveries at a bank or comparable monetary establishment.
Likewise, more than 30% of grown-ups in Ghana, Kenya, and Uganda set aside cash in a versatile cash account. In the mean time, around 1-in-3 versatile cash account holders say they can't utilize their record without assistance. Ladies are 5 rate focuses almost certain than men to require help working their versatile cash accounts
In Sub-Saharan Africa, versatile cash reception kept on ascending somewhere in the range of 2017 and 2021, with the end goal that 33% of grown-ups now have a portable cash account — an offer multiple times bigger than the 10% worldwide normal of versatile cash account possession. Reception and use of portable cash administrations have spread past their starting points as a one individual to the next installment device, with the end goal that 3-out[1]of-4 versatile record proprietors in 2021 made or got something like one installment that was not one individual to another and 15% of grown-ups utilize their portable cash record to save.
The rundown of nations reviewed in 2021 incorporate Benin, Burkina Faso, Cameroon, Congo, Rep., Côte d'Ivoire, Gabon, Ghana, Guinea, Kenya, Liberia, Malawi, Mali, Mauritius, Mozambique, Namibia, Nigeria, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe.
TOP 10 COUNTRIES IN SUB-SAHARAN AFRICA WITH HIGHEST BANK ACCOUNT GROWTH
COUNTRYPERCENTAGE GROWTH (%)POSITION
Mauritius911st
South Africa852nd
Namibia813rd
Kenya794th
Ghana685th
Gabon666th
Uganda666th
Zimbabwe608th
Senegal589th
Liberia5210th
Tanzania5219th
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