Secondary income balance (credit less debit), Net (credits less) in Ghana
Ghana: Secondary income balance (credit less debit), Net (credits less) was 5.42 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Ghana, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Ghana is 5.42 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 33.1% on the previous year and up 169.7% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Ghana peaked at 5.42 billion in 2024 and was at its lowest, 1.46 billion, in 2016.
Ghana ranks 30th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.79 billion | — |
| 2006 | 2.25 billion | +25.3% |
| 2007 | 2.04 billion | -9.1% |
| 2008 | 2.21 billion | +8.2% |
| 2009 | 2.08 billion | -6.0% |
| 2010 | 2.32 billion | +11.8% |
| 2011 | 2.60 billion | +11.8% |
| 2012 | 2.41 billion | -7.4% |
| 2013 | 1.94 billion | -19.4% |
| 2014 | 2.01 billion | +3.6% |
| 2015 | 2.60 billion | +29.3% |
| 2016 | 1.46 billion | -43.9% |
| 2017 | 2.42 billion | +66.4% |
| 2018 | 2.58 billion | +6.6% |
| 2019 | 3.40 billion | +31.8% |
| 2020 | 3.73 billion | +9.7% |
| 2021 | 3.35 billion | -10.1% |
| 2022 | 3.55 billion | +5.8% |
| 2023 | 4.07 billion | +14.6% |
| 2024 | 5.42 billion | +33.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.08 billion | 1.79 billion | 2.25 billion | 5 |
| 2010s | 2.37 billion | 1.46 billion | 3.40 billion | 10 |
| 2020s | 4.03 billion | 3.35 billion | 5.42 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 secondary income balance (credit less debit), net (credits less) in Ghana?
- Secondary income balance (credit less debit), net (credits less) in Ghana was 5.42 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Ghana?
- The highest recorded value was 5.42 billion in 2024.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Ghana?
- The lowest recorded value was 1.46 billion in 2016.
- How does Ghana rank for secondary income balance (credit less debit), net (credits less)?
- Ghana ranks 30th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Ghana?
- Over the last ten years it is up 169.7%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Secondary income 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.