Total reserves includes gold (% of GDP) in Ghana
Ghana: Total reserves includes gold (% of GDP) was 15.1% in 2011. ▲ Rising
Total reserves includes gold in Ghana, 1960–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in % of GDP.
Analysis
In 2011, total reserves includes gold in Ghana stood at 15.1%.
That represents a change of down 5.9% on the previous year and up 113.3% over ten years.
Over the whole period, total reserves includes gold in Ghana peaked at 22.8% in 1960 and was at its lowest, 1.8%, in 1971.
That places Ghana 25th out of 53 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Total reserves includes gold (% of GDP) in Ghana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 22.8% | — |
| 1961 | 12.0% | -47.5% |
| 1962 | 13.1% | +9.8% |
| 1963 | 13.6% | +3.3% |
| 1964 | 7.2% | -46.6% |
| 1965 | 5.6% | -22.2% |
| 1966 | 5.2% | -7.3% |
| 1967 | 4.7% | -9.4% |
| 1968 | 5.8% | +22.9% |
| 1969 | 3.7% | -37.1% |
| 1970 | 1.9% | -47.5% |
| 1971 | 1.8% | -7.3% |
| 1972 | 4.9% | +176.3% |
| 1973 | 7.9% | +59.8% |
| 1974 | 3.5% | -55.5% |
| 1975 | 5.2% | +49.6% |
| 1976 | 4.1% | -21.8% |
| 1977 | 5.7% | +39.0% |
| 1978 | 8.9% | +56.7% |
| 1979 | 10.0% | +11.9% |
| 1980 | 7.4% | -25.7% |
| 1981 | 6.4% | -14.3% |
| 1982 | 7.8% | +22.5% |
| 1983 | 7.2% | -7.8% |
| 1984 | 9.9% | +38.0% |
| 1985 | 12.3% | +23.7% |
| 1986 | 10.9% | -11.1% |
| 1987 | 6.5% | -40.0% |
| 1988 | 6.0% | -8.6% |
| 1989 | 8.3% | +39.0% |
| 1990 | 5.3% | -36.7% |
| 1991 | 9.8% | +85.8% |
| 1992 | 6.4% | -34.3% |
| 1993 | 8.7% | +35.0% |
| 1994 | 12.7% | +46.1% |
| 1995 | 12.4% | -1.7% |
| 1996 | 13.4% | +7.9% |
| 1997 | 9.0% | -33.2% |
| 1998 | 6.1% | -31.9% |
| 1999 | 6.9% | +13.5% |
| 2000 | 6.2% | -10.5% |
| 2001 | 7.1% | +14.1% |
| 2002 | 10.3% | +45.8% |
| 2003 | 19.3% | +86.7% |
| 2004 | 19.7% | +2.3% |
| 2005 | 17.7% | -10.3% |
| 2006 | 11.1% | -37.1% |
| 2007 | 9.0% | -19.4% |
| 2008 | 7.1% | -21.2% |
| 2009 | 14.2% | +101.3% |
| 2010 | 16.0% | +12.8% |
| 2011 | 15.1% | -5.9% |
Ghana compared with similar countries
- Ghana's 15.1% is above the median for lower middle income countries, which is 15.0%, 1.0× the median. (24 countries reporting)
- Ghana's 15.1% is above the median for Sub-Saharan Africa, which is 14.3%, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.4% | 3.7% | 22.8% | 10 |
| 1970s | 5.4% | 1.8% | 10.0% | 10 |
| 1980s | 8.3% | 6.0% | 12.3% | 10 |
| 1990s | 9.1% | 5.3% | 13.4% | 10 |
| 2000s | 12.2% | 6.2% | 19.7% | 10 |
| 2010s | 15.6% | 15.1% | 16.0% | 2 |
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 total reserves includes gold in Ghana?
- Total reserves includes gold in Ghana was 15.1% in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest total reserves includes gold recorded in Ghana?
- The highest recorded value was 22.8% in 1960.
- What is the lowest total reserves includes gold recorded in Ghana?
- The lowest recorded value was 1.8% in 1971.
- How does Ghana rank for total reserves includes gold?
- Ghana ranks 25th out of 53 countries with data for 2011.
- Is total reserves includes gold rising or falling in Ghana?
- Over the last ten years it is up 113.3%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Total reserves includes gold (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.