This table provides metadata for the actual indicator available from Ghana statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Ghana statistics, this table should be consulted for information on national methodology and other Ghana-specific metadata information.
| Goal |
Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all |
|---|---|
| Target |
Target 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all |
| Indicator |
Indicator 8.10.1: (a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adults |
| Series |
Number of automated teller machines (ATMs) per 100,000 adults [8.10.1] Number of commercial bank branches per 100,000 adults [8.10.1] |
| Definition and concepts |
Definition: Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated. Automated teller machines are computerized telecommunications devices that provide clients of a financial institution with access to financial transactions in a public place. |
| Unit of measure |
Per 100,000 population |
| Data sources |
Bank of Ghana (BoG), Annual Report 2019 |
| Data providers |
Bank of Ghana (BoG) |
| Rationale |
Access to and use of formal financial services is essential. Services such as savings, insurance, payments, credit and remittances allow people to manage their lives, plan and pay expenses, grow their businesses and improve their overall welfare. As banks remain one of the key institutions for access to formal financial services, having an accessible bank branch is an important initial point of access to financial services and therefore use of them. Bank branches are complemented by other important points of access such as automated teller machines of all formal financial institutions, which can extend financial services to remote locations. |
| Data availability and disaggregation |
There is no available disaggregation for this indicator. |
| References and Documentation | |
| Metadata last updated | Nov 12, 2022 |