Annual growth of imports of goods and services in Ghana
Ghana: Annual growth of imports of goods and services was 9.5% in 2024. ◆ Volatile
Latest (2024)
9.5%
Change on year
up 906.5%
World rank
38th
of 186 countries
All-time high
40.1%
in 2011
All-time low
-14.4%
in 2014
Years of data
18
2007–2024
Annual growth of imports of goods and services in Ghana, 2007–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of imports of goods and services in Ghana is 9.5%, measured in 2024.
That represents a change of up 906.5% on the previous year and up 166.0% over ten years.
Over the whole period, annual growth of imports of goods and services in Ghana peaked at 40.1% in 2011 and was at its lowest, -14.4%, in 2014.
Ghana ranks 38th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 21.7% | — |
| 2008 | 24.6% | +13.6% |
| 2009 | -12.6% | -151.0% |
| 2010 | 26.7% | -312.7% |
| 2011 | 40.1% | +50.1% |
| 2012 | 12.8% | -68.1% |
| 2013 | 2.3% | -82.2% |
| 2014 | -14.4% | -734.1% |
| 2015 | 7.9% | -155.0% |
| 2016 | -1.1% | -113.8% |
| 2017 | 7.7% | -801.3% |
| 2018 | 5.0% | -35.3% |
| 2019 | 15.9% | +220.0% |
| 2020 | -8.8% | -155.3% |
| 2021 | 5.8% | -166.0% |
| 2022 | 1.4% | -75.9% |
| 2023 | -1.2% | -184.7% |
| 2024 | 9.5% | -906.5% |
Ghana compared with similar countries
- Ghana's 9.5% is above the median for lower middle income countries, which is 3.6%, 2.6× the median. (40 countries reporting)
- Ghana's 9.5% is above the median for Sub-Saharan Africa, which is 5.0%, 1.9× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.3% | -12.6% | 24.6% | 3 |
| 2010s | 10.3% | -14.4% | 40.1% | 10 |
| 2020s | 1.3% | -8.8% | 9.5% | 5 |
Countries ranked near Ghana
- 35 Central African Republic 9.9% compare
- 36 Oman 9.7% compare
- 37 Uganda 9.5% compare
- 39 Micronesia 9.4% compare
- 40 Georgia 9.2% compare
- 41 United Republic of Tanzania 9.2% compare
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Ghana?
- Annual growth of imports of goods and services in Ghana was 9.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Ghana?
- The highest recorded value was 40.1% in 2011.
- What is the lowest annual growth of imports of goods and services recorded in Ghana?
- The lowest recorded value was -14.4% in 2014.
- How does Ghana rank for annual growth of imports of goods and services?
- Ghana ranks 38th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Ghana?
- Over the last ten years it is up 166.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
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