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 8.10.2: Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider |
| Series |
Number of active mobile money accounts Number of registered mobile money accounts |
| Definition and concepts |
Definition: This indicator reports on the percentage of adults (ages 15+) who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or personally using a mobile money service in the past 12 months. Concepts: Account at a financial institution includes respondents who report having an account at a bank or at another type of financial institution, such as a credit union, microfinance institution, cooperative, or the post office (if applicable), or having a debit card in their own name. In addition, it includes respondents who report receiving wages, government transfers, or payments for agricultural products into an account at a financial institution in the past 12 months; paying utility bills or school fees from an account at a financial institution in the past 12 months; or receiving wages or government transfers into a card in the past 12 months. Mobile money account includes respondents who report personally using GSM Association (GSMA) Mobile Money for the Unbanked (MMU) services in the past 12 months to pay bills or to send or receive money. In addition, it includes respondents who report receiving wages, government transfers, or payments for agricultural products through a mobile phone in the past 12 months. |
| Unit of measure |
Million mobile money accounts |
| Data sources |
Bank of Ghana (BoG) Payment Systems Oversight Annual Report, 2018 Bank of Ghana (BoG) Economic and Financial Data, 2021 |
| Data providers |
Bank of Ghana (BoG) |
| Rationale |
Access to formal financial services such as savings, insurance, payments, credit and remittances is essential to the ability of people—regardless of income level, gender, age, education or where they live— to manage their lives, build their futures, and grow their businesses. Having access to an account is an important starting point for people to access a range of financial services. |
| Data availability and disaggregation |
There is no available disaggregation for this indicator. |
| References and Documentation |
https://unstats.un.org/sdgs/metadata/files/Metadata-08-10-02.pdf |
| Metadata last updated | Nov 12, 2022 |