Ghana: Listed domestic companies, total

Key figures

Over five years it is unchanged at from 31 in 2020. Since 1993 it is up 106.67% from 15 in 1993 (2.29% a year on average, compounded). The World Bank has no value for 5 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2025, Ghana's listed domestic companies, total rose 3.3% on 2024 (from 30 to 31).

Across the 25 yearly changes before that (1994 to 2024), the average change was +2.4% and a typical year strayed about 5.6% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 13.3% in 1994 and the biggest yearly fall was 6.5% in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Ghana had the 56th highest value of the 64 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Ghana in the 2025 ranking

• Bahrain — 53rd of 64: 39
• Azerbaijan — 54th of 64: 36
• Malta — 55th of 64: 35
• Luxembourg — 57th of 64: 28
• Czechia — 58th of 64: 26
• Botswana — 59th of 64: 23

What this measures

Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

Limitations: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

Regional and income-group figures are computed by the World Bank as a sum.

All 28 values

Listed domestic companies, total in nearby economies

• Botswana — 23 (2025)
• Côte d'Ivoire — 46 (2020)
• Kenya — 59 (2025)
• Mauritius — 92 (2025)
• Namibia — 12 (2024)
• Nigeria — 165 (2025)
• Seychelles — 15 (2025)
• South Africa — 212 (2025)
• Tanzania — 22 (2025)
• Zambia — 20 (2025)

More financial sector data for Ghana

• Domestic credit to private sector by banks (% of GDP) — 7.25% (2025)
• Net domestic credit (current LCU) — 274.47 billion (2025)
• Net foreign assets (current LCU) — 90.73 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 7.91% (2025)
• Broad money (current LCU) — 414.51 billion (2025)
• Broad money (% of GDP) — 28.9% (2025)
• Broad money to total reserves ratio — 2.72 (2025)
• Claims on central government, etc. (% of GDP) — 10.6% (2025)
• Domestic credit to private sector (% of GDP) — 7.91% (2025)
• GDP deflator (base year varies by country)

Reading data like this

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Questions people ask

What is Ghana's listed domestic companies, total?

31 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1993?

It is up 106.67% from 15 in 1993 (2.29% a year on average, compounded). The highest value was 33 in 2019 and the lowest 15 in 1993.

How does Ghana rank?

56th highest of 64 economies with data for 2025.

Is the latest change in listed domestic companies, total unusual for Ghana?

In 2025, Ghana's listed domestic companies, total rose 3.3% on 2024 (from 30 to 31). Across the 25 yearly changes before that (1994 to 2024), the average change was +2.4% and a typical year strayed about 5.6% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator CM.MKT.LDOM.NO, licensed CC BY 4.0. Original source: World Federation of Exchanges database, World Federation of Exchanges (WFE) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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