Goods balance (credit less debit), Percent of GDP (Balance of) in Ghana
Ghana: Goods balance (credit less debit), Percent of GDP (Balance of) was 13.65 in 2027. ◆ Volatile
Goods balance (credit less debit), Percent of GDP (Balance of) in Ghana, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, goods balance (credit less debit), percent of gdp (balance of) in Ghana stood at 13.65.
The figure is down 4.3% on the previous year and up 594.4% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Ghana peaked at 14.26 in 2026 and was at its lowest, -12.1, in 2008.
Ghana ranks 5th of 45 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Percent of GDP (Balance of) in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -6.72 | — |
| 2001 | -8.4 | +24.9% |
| 2002 | -4.54 | -45.9% |
| 2003 | -3.57 | -21.5% |
| 2004 | -7.32 | +105.2% |
| 2005 | -9.64 | +31.6% |
| 2006 | -9.78 | +1.5% |
| 2007 | -10.66 | +9.0% |
| 2008 | -12.1 | +13.5% |
| 2009 | -5.94 | -50.9% |
| 2010 | -6.52 | +9.7% |
| 2011 | -5.69 | -12.7% |
| 2012 | -7.55 | +32.6% |
| 2013 | -6.12 | -18.9% |
| 2014 | -2.53 | -58.7% |
| 2015 | -6.36 | +151.4% |
| 2016 | -3.17 | -50.1% |
| 2017 | 1.97 | -162.0% |
| 2018 | 2.69 | +36.9% |
| 2019 | 3.3 | +22.7% |
| 2020 | 2.92 | -11.6% |
| 2021 | 1.38 | -52.7% |
| 2022 | 3.35 | +142.3% |
| 2023 | 2.12 | -36.7% |
| 2024 | 4.53 | +113.7% |
| 2025 | 11.9 | +162.8% |
| 2026 | 14.26 | +19.8% |
| 2027 | 13.65 | -4.3% |
Ghana compared with similar countries
- Ghana's 13.65 is above the median for Sub-Saharan Africa, which is -2.52. (45 countries reporting)
- Ghana's 13.65 is above the median for lower middle income countries, which is -1.5. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.87 | -12.1 | -3.57 | 10 |
| 2010s | -3 | -7.55 | 3.3 | 10 |
| 2020s | 6.76 | 1.38 | 14.26 | 8 |
Countries ranked near Ghana
- 2 South Sudan 27.91 compare
- 3 Burkina Faso 17.96 compare
- 4 Congo 14.47 compare
- 6 Angola 11.18 compare
- 7 Gabon 11.05 compare
- 8 Democratic Republic of Congo 10.76 compare
More financial sector data for Ghana
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.61 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.61 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in Ghana?
- Goods balance (credit less debit), percent of gdp (balance of) in Ghana was 13.65 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Ghana?
- The highest recorded value was 14.26 in 2026.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Ghana?
- The lowest recorded value was -12.1 in 2008.
- How does Ghana rank for goods balance (credit less debit), percent of gdp (balance of)?
- Ghana ranks 5th out of 45 countries with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Ghana?
- Over the last ten years it is up 594.4%. 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), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.