In 2023, mobile money transactions in Ghana yielded a total value of around 1.9 trillion Ghanaian cedis, roughly 121.2 billion U.S. dollars. This was a 79 percent increase from the previous year, continuing the rising trend visible since 2017. By comparison, the volume of MoMo transactions also steadily increased within that period.
Value of mobile money transactions in Ghana from 2017 to 2023
(in billion Ghanaian cedis)
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Bank of Ghana. (September 3, 2024). Value of mobile money transactions in Ghana from 2017 to 2023 (in billion Ghanaian cedis) [Graph]. In Statista. Retrieved May 02, 2025, from https://www.statista.com/statistics/1491373/annual-mobile-money-transaction-value-in-ghana/
Bank of Ghana. "Value of mobile money transactions in Ghana from 2017 to 2023 (in billion Ghanaian cedis)." Chart. September 3, 2024. Statista. Accessed May 02, 2025. https://www.statista.com/statistics/1491373/annual-mobile-money-transaction-value-in-ghana/
Bank of Ghana. (2024). Value of mobile money transactions in Ghana from 2017 to 2023 (in billion Ghanaian cedis). Statista. Statista Inc.. Accessed: May 02, 2025. https://www.statista.com/statistics/1491373/annual-mobile-money-transaction-value-in-ghana/
Bank of Ghana. "Value of Mobile Money Transactions in Ghana from 2017 to 2023 (in Billion Ghanaian Cedis)." Statista, Statista Inc., 3 Sep 2024, https://www.statista.com/statistics/1491373/annual-mobile-money-transaction-value-in-ghana/
Bank of Ghana, Value of mobile money transactions in Ghana from 2017 to 2023 (in billion Ghanaian cedis) Statista, https://www.statista.com/statistics/1491373/annual-mobile-money-transaction-value-in-ghana/ (last visited May 02, 2025)
Value of mobile money transactions in Ghana from 2017 to 2023 (in billion Ghanaian cedis) [Graph], Bank of Ghana, September 3, 2024. [Online]. Available: https://www.statista.com/statistics/1491373/annual-mobile-money-transaction-value-in-ghana/
