As of 2021, microfinance service facilities were available to 18.8 percent of urban communities in Ghana. For rural localities, only 1.2 percent of them had access to such facilities. In the second quarter of 2021, finance and insurance in Ghana made considerable contributions to the country's GDP.
Availability of microfinance service facilities in rural and urban areas of Ghana as of 2021
The source notes that localities with a population of more than 5,000 are classified as urban. It adds the following information:
"Locality: an inhabited geographical area with a defined boundary and distinct name. eg.- a hamlet, village, town, city, and other such type of population clusters."
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Ghana Statistical Service. (September 22, 2021). Availability of microfinance service facilities in rural and urban areas of Ghana as of 2021 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1278580/availability-of-microfinance-facilities-in-ghana-by-area/
Ghana Statistical Service. "Availability of microfinance service facilities in rural and urban areas of Ghana as of 2021." Chart. September 22, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1278580/availability-of-microfinance-facilities-in-ghana-by-area/
Ghana Statistical Service. (2021). Availability of microfinance service facilities in rural and urban areas of Ghana as of 2021. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1278580/availability-of-microfinance-facilities-in-ghana-by-area/
Ghana Statistical Service. "Availability of Microfinance Service Facilities in Rural and Urban Areas of Ghana as of 2021." Statista, Statista Inc., 22 Sep 2021, https://www.statista.com/statistics/1278580/availability-of-microfinance-facilities-in-ghana-by-area/
Ghana Statistical Service, Availability of microfinance service facilities in rural and urban areas of Ghana as of 2021 Statista, https://www.statista.com/statistics/1278580/availability-of-microfinance-facilities-in-ghana-by-area/ (last visited August 24, 2024)
Availability of microfinance service facilities in rural and urban areas of Ghana as of 2021 [Graph], Ghana Statistical Service, September 22, 2021. [Online]. Available: https://www.statista.com/statistics/1278580/availability-of-microfinance-facilities-in-ghana-by-area/