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 906.8%
World rank
36th
of 176 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: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of imports of goods and services in Ghana stood at 9.5%.
Compared with earlier readings it is up 906.8% on the previous year and up 166.1% 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 36th of 176 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 | % | 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% | -82.3% |
| 2014 | -14.4% | -734.8% |
| 2015 | 7.9% | -155.0% |
| 2016 | -1.1% | -113.7% |
| 2017 | 7.7% | -803.7% |
| 2018 | 5.0% | -35.3% |
| 2019 | 15.9% | +220.2% |
| 2020 | -8.8% | -155.3% |
| 2021 | 5.8% | -165.9% |
| 2022 | 1.4% | -76.0% |
| 2023 | -1.2% | -184.9% |
| 2024 | 9.5% | -906.8% |
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. (44 countries reporting)
- Ghana's 9.5% is above the median for Sub-Saharan Africa, which is 7.0%, 1.4× the median. (45 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
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 World Bank – processed by Our World in Data.
- 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 36th out of 176 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 166.1%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).