Number of banks rose 0% to 23.0 banks in Ghana in 2020, according to the National Central Bank.
Historically, number of banks in Ghana reached an all time high of 33.0 banks in 2017 and an all time low of 20.0 banks in 2004. When compared to Ghana's main peers, number of banks in Benin amounted to 14.0 banks, 28.0 banks in Ivory Coast and 14.0 banks in Togo in 2020.
Ghana has been ranked 74th within the group of 148 countries we follow in terms of number of banks, 6 places below the position seen 10 years ago.
Number of Banks | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Benin | banks | ... | ... | ... | 15.0 | 16.0 | 15.0 | 15.0 | 15.0 | |||||||||||||
Burkina Faso | banks | ... | ... | ... | 13.0 | 13.0 | 14.0 | 15.0 | 15.0 | |||||||||||||
Ghana | banks | ... | ... | ... | 29.0 | 30.0 | 33.0 | 30.0 | 23.0 | ... | ||||||||||||
Guinea | banks | ... | ... | ... | 15.0 | 16.0 | 16.0 | 16.0 | 16.0 | |||||||||||||
Ivory Coast | banks | ... | ... | ... | 26.0 | 27.0 | 28.0 | 27.0 | 27.0 | |||||||||||||
Liberia | banks | ... | ... | ... | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | ... | ||||||||||||
Mali | banks | ... | ... | ... | 14.0 | 13.0 | 13.0 | 14.0 | 14.0 | ... | ||||||||||||
Niger | banks | ... | ... | ... | 12.0 | 12.0 | 12.0 | 14.0 | 14.0 | |||||||||||||
Nigeria | banks | 19.0 | 20.0 | 21.0 | 21.0 | 22.0 | ||||||||||||||||
Togo | banks | ... | ... | ... | 13.0 | 13.0 | 13.0 | 13.0 | 13.0 |