Figure 1
A bar graph compares the agricultural share of total non-performing loans (NPLs) and the NPL ratio differential in Ghana from 2015 to 2022. The horizontal axis represents the years from 2015 to 2022. The left vertical axis represents the agricultural share of total NPLs in percent, ranging from 0 to 35 percent. The right vertical axis represents the NPL ratio differential in percentage points, ranging from 4 to 11 percentage points. The blue bars represent the agricultural share of total NPLs, while the red dashed line represents the NPL ratio differential. The data shows an increasing trend in the agricultural share of total NPLs from 2015 to 2018, peaking at around 32 percent in 2018, followed by a decline to around 22 percent in 2022. The NPL ratio differential also shows an increasing trend from 2015 to 2020, peaking at around 10 percentage points in 2020, followed by a decline to around 8 percentage points in 2022.Agricultural NPL share and sectoral risk differential in Ghana (2015–2022). Note: Bars represent the share of agricultural non-performing loans (NPLs) in total banking-sector NPLs (left axis). The dashed line shows the differential between agricultural and aggregate NPL ratios, measured in percentage points (right axis), capturing relative sectoral credit risk intensity. Source: Author's construction based on data from the Research Department of BoG (2015–2022)