Total reserves in months of imports, annual growth rate in Ghana
Ghana: Total reserves in months of imports, annual growth rate was 13.18 % change on previous year in 2024. ◆ Volatile
Total reserves in months of imports, annual growth rate in Ghana, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ghana recorded 13.18 % change on previous year for total reserves in months of imports, annual growth rate in 2024.
The figure is up 149.9% on the previous year and down 6.0% over ten years.
Over the whole period, total reserves in months of imports, annual growth rate in Ghana peaked at 98.71 % change on previous year in 2009 and was at its lowest, -56.72 % change on previous year, in 1987.
Ghana ranks 57th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in months of imports, annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | -28.62 % change on previous year | — |
| 1977 | 37.61 % change on previous year | -231.4% |
| 1978 | 89.21 % change on previous year | +137.2% |
| 1979 | 20.66 % change on previous year | -76.8% |
| 1980 | -27.1 % change on previous year | -231.2% |
| 1981 | -22.95 % change on previous year | -15.3% |
| 1982 | 72.8 % change on previous year | -417.2% |
| 1983 | 15.85 % change on previous year | -78.2% |
| 1984 | 33.7 % change on previous year | +112.7% |
| 1985 | 7.78 % change on previous year | -76.9% |
| 1986 | -0.4473 % change on previous year | -105.8% |
| 1987 | -56.72 % change on previous year | +12580.1% |
| 1988 | -10.82 % change on previous year | -80.9% |
| 1989 | 38.78 % change on previous year | -458.4% |
| 1990 | -36.77 % change on previous year | -194.8% |
| 1991 | 88.86 % change on previous year | -341.7% |
| 1992 | -43.48 % change on previous year | -148.9% |
| 1993 | 8.75 % change on previous year | -120.1% |
| 1994 | 44.06 % change on previous year | +403.3% |
| 1995 | 8.69 % change on previous year | -80.3% |
| 1996 | 3.13 % change on previous year | -64.0% |
| 1997 | -36.27 % change on previous year | -1259.2% |
| 1998 | -48.72 % change on previous year | +34.3% |
| 1999 | 9.65 % change on previous year | -119.8% |
| 2000 | -32.27 % change on previous year | -434.2% |
| 2001 | 14.29 % change on previous year | -144.3% |
| 2002 | 77.93 % change on previous year | +445.3% |
| 2003 | 86.55 % change on previous year | +11.1% |
| 2004 | -7.74 % change on previous year | -108.9% |
| 2005 | -11.04 % change on previous year | +42.5% |
| 2006 | -3.46 % change on previous year | -68.7% |
| 2007 | -21.05 % change on previous year | +508.8% |
| 2008 | -24.83 % change on previous year | +18.0% |
| 2009 | 98.71 % change on previous year | -497.6% |
| 2010 | 12.37 % change on previous year | -87.5% |
| 2011 | -19.71 % change on previous year | -259.4% |
| 2012 | -15.18 % change on previous year | -23.0% |
| 2013 | -4.04 % change on previous year | -73.4% |
| 2014 | 14.02 % change on previous year | -447.1% |
| 2015 | -2.36 % change on previous year | -116.8% |
| 2016 | 3.47 % change on previous year | -247.1% |
| 2017 | 4.49 % change on previous year | +29.2% |
| 2018 | -18.57 % change on previous year | -513.9% |
| 2019 | 6.34 % change on previous year | -134.1% |
| 2020 | 13.91 % change on previous year | +119.5% |
| 2021 | 18.84 % change on previous year | +35.4% |
| 2022 | -49.82 % change on previous year | -364.4% |
| 2023 | -26.4 % change on previous year | -47.0% |
| 2024 | 13.18 % change on previous year | -149.9% |
Ghana compared with similar countries
- Ghana's 13.18 % change on previous year is above the median for lower middle income countries, which is 7.27 % change on previous year, 1.8× the median. (42 countries reporting)
- Ghana's 13.18 % change on previous year is above the median for Sub-Saharan Africa, which is 7.3 % change on previous year, 1.8× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Total reserves in months of imports, annual growth rate 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 |
|---|---|---|---|
| 1987 | -12580.1% | -0.4473 % change on previous year | -56.72 % change on previous year |
| 1997 | -1259.2% | 3.13 % change on previous year | -36.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.72 % change on previous year | -28.62 % change on previous year | 89.21 % change on previous year | 4 |
| 1980s | 5.09 % change on previous year | -56.72 % change on previous year | 72.8 % change on previous year | 10 |
| 1990s | -0.2087 % change on previous year | -48.72 % change on previous year | 88.86 % change on previous year | 10 |
| 2000s | 17.71 % change on previous year | -32.27 % change on previous year | 98.71 % change on previous year | 10 |
| 2010s | -1.92 % change on previous year | -19.71 % change on previous year | 14.02 % change on previous year | 10 |
| 2020s | -6.06 % change on previous year | -49.82 % change on previous year | 18.84 % change on previous year | 5 |
Countries ranked near Ghana
- 54 Argentina 14.08 % change on previous year compare
- 55 Türkiye 13.75 % change on previous year compare
- 56 Montenegro 13.67 % change on previous year compare
- 58 Cayman Islands 12.65 % change on previous year compare
- 59 Morocco 12.64 % change on previous year compare
- 60 Uruguay 12.2 % change on previous year 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 total reserves in months of imports, annual growth rate in Ghana?
- Total reserves in months of imports, annual growth rate in Ghana was 13.18 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest total reserves in months of imports, annual growth rate recorded in Ghana?
- The highest recorded value was 98.71 % change on previous year in 2009.
- What is the lowest total reserves in months of imports, annual growth rate recorded in Ghana?
- The lowest recorded value was -56.72 % change on previous year in 1987.
- How does Ghana rank for total reserves in months of imports, annual growth rate?
- Ghana ranks 57th out of 177 countries with data for 2024.
- Is total reserves in months of imports, annual growth rate rising or falling in Ghana?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Total reserves in months of imports, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Total reserves in months of imports. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Total reserves in months of imports International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Total reserves in months of imports. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.