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GDP Growth Rate -> The Gambia -> June 2021* 3.8% | GDP Growth Rate -> Ghana -> June 2021* 2.4% | GDP Growth Rate -> Guinea -> June 2021* 5.5% | GDP Growth Rate -> Liberia -> June 2021* 3.4% | GDP Growth Rate -> Nigeria -> June 2021* 1.3% | GDP Growth Rate -> Sierra Leone -> June 2021* 2.7% |

Welcome

Welcome to the official statistics database of the West Africa Monetary Institute (WAMI). WAMI, an institution of the West African Monetary Zone (WAMZ) was established in 2001 by the Authority of Heads of State and Government of five West African Member States with a mission to undertake technical preparations of establishing the West African Central Bank (WACB) and the introduction of a single currency. Our primary objective is to provide you with relevant and timely updated information on the activities of the West African Monetary Zone in pursuit of the regional integration agenda. It is also our desire to provide high quality analytical and statistical tools to help you to obtain comparable statistics relating to the WAMZ member countries and related agencies.

Inflation Rate (End Period), June-2021*

5.3

Gambia

9.0

Ghana

9.5

Guinea

12.0

Liberia

10.3

Nigeria

15.2

S'Leone

Broad Money Change (%) June-2021*

-11.1

Gambia

2.4

Ghana

35.5

Guinea

13.4

Liberia

15.5

Nigeria

-8.5

S'Leone

Reserve Money Growth (%) June-2021*

-5.6

Gambia

35.7

Ghana

37.1

Guinea

11.2

Liberia

22.7

Nigeria

-17.8

S'Leone

Inflation Rate (End Period), December-2021*

3.47

Gambia

3.56

Ghana

4.66

Guinea

12.88

Liberia

5.76

Nigeria

2.54

S'Leone

End Period Inflation Rate (End Period)

Inflation is the rate of increase in prices over a given period of time. Inflation is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.

Public Debt-to-GDP Ratio (in percent)

The debt-to-GDP ratio is a measure comparing a country's public debt to its gross domestic product (GDP). This data table compares debt-to-GDP ratio of the six member countries over a period of time.

External Reserves External Reserves

Foreign exchange reserves are assets held on reserve by a monetary authority in foreign currencies. These reserves are used to back liabilities and influence monetary policy.

Financing of Fiscal deficit (as % of previous year''s tax rev)

A fiscal deficit is a shortfall in a government's income compared with its spending. It is calculated as a percentage of gross domestic product (GDP), or simply as total dollars spent in excess of income.