Net foreign assets in Ghana
Ghana: Net foreign assets was 60.01 billion current LCU in 2024. ◆ Volatile
Net foreign assets in Ghana, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net foreign assets in Ghana stood at 60.01 billion current LCU. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 303.0% on the previous year and up 582.9% over ten years.
Over the whole period, net foreign assets in Ghana peaked at 60.01 billion current LCU in 2024 and was at its lowest, -11.35 billion current LCU, in 2022.
That places Ghana 113th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 21,140 current LCU | — |
| 1961 | 12,170 current LCU | -42.4% |
| 1962 | 10,960 current LCU | -9.9% |
| 1963 | 7,070 current LCU | -35.5% |
| 1964 | 5,280 current LCU | -25.3% |
| 1965 | -410 current LCU | -107.8% |
| 1966 | -2,390 current LCU | +482.9% |
| 1967 | -5,051 current LCU | +111.4% |
| 1968 | -6,360 current LCU | +25.9% |
| 1969 | -8,218 current LCU | +29.2% |
| 1970 | -3,195 current LCU | -61.1% |
| 1971 | -4,239 current LCU | +32.7% |
| 1972 | 8,581 current LCU | -302.4% |
| 1973 | 19,055 current LCU | +122.0% |
| 1974 | -1,929 current LCU | -110.1% |
| 1975 | 10,603 current LCU | -649.8% |
| 1976 | -650.82 current LCU | -106.1% |
| 1977 | 1,451 current LCU | -323.0% |
| 1978 | 18,191 current LCU | +1153.6% |
| 1979 | 6,846 current LCU | -62.4% |
| 1980 | -16,622 current LCU | -342.8% |
| 1981 | -57,951 current LCU | +248.7% |
| 1982 | -35,459 current LCU | -38.8% |
| 1983 | -931,096 current LCU | +2525.8% |
| 1984 | -2.33 million current LCU | +150.5% |
| 1985 | -4.01 million current LCU | +71.7% |
| 1986 | -6.64 million current LCU | +65.6% |
| 1987 | -15.18 million current LCU | +128.8% |
| 1988 | -19.29 million current LCU | +27.0% |
| 1989 | -26.38 million current LCU | +36.8% |
| 1990 | -26.59 million current LCU | +0.8% |
| 1991 | -1.42 million current LCU | -94.7% |
| 1992 | -12.22 million current LCU | +761.2% |
| 1993 | -11.37 million current LCU | -6.9% |
| 1994 | 12.04 million current LCU | -205.8% |
| 1995 | 36.29 million current LCU | +201.5% |
| 1996 | 57.74 million current LCU | +59.1% |
| 1997 | 78.82 million current LCU | +36.5% |
| 1998 | 86.25 million current LCU | +9.4% |
| 1999 | 2.69 million current LCU | -96.9% |
| 2000 | -58.74 million current LCU | -2281.4% |
| 2001 | 81.82 million current LCU | -239.3% |
| 2002 | 352.29 million current LCU | +330.6% |
| 2003 | 933.47 million current LCU | +165.0% |
| 2004 | 1.25 billion current LCU | +34.0% |
| 2005 | 1.48 billion current LCU | +18.4% |
| 2006 | 2.09 billion current LCU | +41.1% |
| 2007 | 2.43 billion current LCU | +16.5% |
| 2008 | 2.52 billion current LCU | +3.4% |
| 2009 | 3.52 billion current LCU | +39.8% |
| 2010 | 5.41 billion current LCU | +53.8% |
| 2011 | 7.31 billion current LCU | +35.1% |
| 2012 | 6.93 billion current LCU | -5.2% |
| 2013 | 5.38 billion current LCU | -22.4% |
| 2014 | 8.79 billion current LCU | +63.4% |
| 2015 | 11.39 billion current LCU | +29.6% |
| 2016 | 15.49 billion current LCU | +36.0% |
| 2017 | 20.14 billion current LCU | +30.0% |
| 2018 | 13.67 billion current LCU | -32.1% |
| 2019 | 20.99 billion current LCU | +53.6% |
| 2020 | 16.36 billion current LCU | -22.1% |
| 2021 | 6.73 billion current LCU | -58.8% |
| 2022 | -11.35 billion current LCU | -268.5% |
| 2023 | 14.89 billion current LCU | -231.2% |
| 2024 | 60.01 billion current LCU | +303.0% |
Ghana compared with similar countries
- Ghana's 60.01 billion current LCU is below the median for lower middle income countries, which is 256.19 billion current LCU, 23% of the median. (46 countries reporting)
- Ghana's 60.01 billion current LCU is below the median for Sub-Saharan Africa, which is 241.93 billion current LCU, 25% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | -2525.8% | -35,459 current LCU | -931,096 current LCU |
| 2000 | -2281.4% | 2.69 million current LCU | -58.74 million current LCU |
| 1978 | +1153.6% | 1,451 current LCU | 18,191 current LCU |
| 1992 | -761.2% | -1.42 million current LCU | -12.22 million current LCU |
| 1975 | +649.8% | -1,929 current LCU | 10,603 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3,419 current LCU | -8,218 current LCU | 21,140 current LCU | 10 |
| 1970s | 5,471 current LCU | -4,239 current LCU | 19,055 current LCU | 10 |
| 1980s | -7.49 million current LCU | -26.38 million current LCU | -16,622 current LCU | 10 |
| 1990s | 22.22 million current LCU | -26.59 million current LCU | 86.25 million current LCU | 10 |
| 2000s | 1.46 billion current LCU | -58.74 million current LCU | 3.52 billion current LCU | 10 |
| 2010s | 11.55 billion current LCU | 5.38 billion current LCU | 20.99 billion current LCU | 10 |
| 2020s | 17.33 billion current LCU | -11.35 billion current LCU | 60.01 billion current LCU | 5 |
Countries ranked near Ghana
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 net foreign assets in Ghana?
- Net foreign assets in Ghana was 60.01 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Ghana?
- The highest recorded value was 60.01 billion current LCU in 2024.
- What is the lowest net foreign assets recorded in Ghana?
- The lowest recorded value was -11.35 billion current LCU in 2022.
- How does Ghana rank for net foreign assets?
- Ghana ranks 113th out of 187 countries with data for 2024.
- Is net foreign assets rising or falling in Ghana?
- Over the last ten years it is up 582.9%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net foreign assets (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.