Goods balance (credit less debit), Net (credits less debits) in Ghana
Ghana: Goods balance (credit less debit), Net (credits less debits) was 3.77 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Ghana, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Ghana is 3.77 billion, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 121.0% on the previous year and up 372.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Ghana peaked at 3.77 billion in 2024 and was at its lowest, -5.00 billion, in 2008.
Ghana ranks 45th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.55 billion | — |
| 2006 | -3.03 billion | +18.9% |
| 2007 | -3.89 billion | +28.6% |
| 2008 | -5.00 billion | +28.4% |
| 2009 | -2.21 billion | -55.9% |
| 2010 | -2.96 billion | +34.2% |
| 2011 | -3.05 billion | +3.0% |
| 2012 | -4.21 billion | +38.0% |
| 2013 | -3.85 billion | -8.6% |
| 2014 | -1.38 billion | -64.1% |
| 2015 | -3.14 billion | +127.3% |
| 2016 | -1.77 billion | -43.6% |
| 2017 | 1.19 billion | -166.9% |
| 2018 | 1.81 billion | +52.4% |
| 2019 | 2.26 billion | +24.8% |
| 2020 | 2.04 billion | -9.5% |
| 2021 | 1.10 billion | -46.2% |
| 2022 | 2.47 billion | +125.2% |
| 2023 | 1.71 billion | -31.0% |
| 2024 | 3.77 billion | +121.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.33 billion | -5.00 billion | -2.21 billion | 5 |
| 2010s | -1.51 billion | -4.21 billion | 2.26 billion | 10 |
| 2020s | 2.22 billion | 1.10 billion | 3.77 billion | 5 |
Countries ranked near Ghana
More financial sector data for Ghana
- Net domestic credit (current LCU), per capita 7,823 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 3.23 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 13.42 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 9.84 million SDR (2023)
- Gold reserves at market value 431.95 million SDR (2023)
- Reserves excluding gold, foreign exchange 3.34 billion SDR (2024)
- Reserves excluding gold 3.43 billion SDR (2024)
- Total reserves (gold at market value) 3.43 billion SDR (2024)
- Total reserves (gold at national valuation) 5.36 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 155.67 SDR per person (2024)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Ghana?
- Goods balance (credit less debit), net (credits less debits) in Ghana was 3.77 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Ghana?
- The highest recorded value was 3.77 billion in 2024.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Ghana?
- The lowest recorded value was -5.00 billion in 2008.
- How does Ghana rank for goods balance (credit less debit), net (credits less debits)?
- Ghana ranks 45th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Ghana?
- Over the last ten years it is up 372.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.