Changes in inventories in Ghana
Ghana: Changes in inventories was 131.77 million current US$ in 2024. ◆ Volatile
Changes in inventories in Ghana, 1967–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for changes in inventories in Ghana is 131.77 million current US$, measured in 2024.
That represents a change of down 34.4% on the previous year and down 67.5% over ten years.
Over the whole period, changes in inventories in Ghana peaked at 460.37 million current US$ in 2013 and was at its lowest, -94.03 million current US$, in 1993.
Ghana ranks 96th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1967 | 26.72 million current US$ | — |
| 1968 | 28.44 million current US$ | +6.4% |
| 1969 | 35.30 million current US$ | +24.1% |
| 1970 | 48.05 million current US$ | +36.1% |
| 1971 | 40.61 million current US$ | -15.5% |
| 1972 | -33.02 million current US$ | -181.3% |
| 1973 | 41.22 million current US$ | -224.9% |
| 1974 | 32.92 million current US$ | -20.1% |
| 1975 | 30.85 million current US$ | -6.3% |
| 1976 | -26.27 million current US$ | -185.2% |
| 1977 | 53.14 million current US$ | -302.3% |
| 1978 | 11.52 million current US$ | -78.3% |
| 1979 | -7.69 million current US$ | -166.8% |
| 1980 | -21.06 million current US$ | +173.8% |
| 1981 | -6.34 million current US$ | -69.9% |
| 1982 | -6.21 million current US$ | -2.0% |
| 1983 | 0 current US$ | -100.0% |
| 1984 | 1.06 million current US$ | — |
| 1985 | 1.83 million current US$ | +72.2% |
| 1986 | 3.81 million current US$ | +108.9% |
| 1987 | 3.74 million current US$ | -1.9% |
| 1988 | 2.94 million current US$ | -21.5% |
| 1989 | 2.78 million current US$ | -5.5% |
| 1990 | 3.40 million current US$ | +22.6% |
| 1991 | 3.67 million current US$ | +7.8% |
| 1992 | 4.11 million current US$ | +11.9% |
| 1993 | -94.03 million current US$ | -2389.8% |
| 1994 | 75.34 million current US$ | -180.1% |
| 1995 | -71.72 million current US$ | -195.2% |
| 1996 | 62.49 million current US$ | -187.1% |
| 1997 | 66.90 million current US$ | +7.1% |
| 1998 | 55.80 million current US$ | -16.6% |
| 1999 | 41.14 million current US$ | -26.3% |
| 2000 | 44.87 million current US$ | +9.1% |
| 2001 | -27.82 million current US$ | -162.0% |
| 2002 | 57.04 million current US$ | -305.0% |
| 2003 | 0 current US$ | -100.0% |
| 2004 | 0 current US$ | — |
| 2005 | 0 current US$ | — |
| 2006 | 0 current US$ | — |
| 2007 | 0 current US$ | — |
| 2008 | 0 current US$ | — |
| 2009 | 248.24 million current US$ | — |
| 2010 | 430.19 million current US$ | +73.3% |
| 2011 | 327.69 million current US$ | -23.8% |
| 2012 | 354.03 million current US$ | +8.0% |
| 2013 | 460.37 million current US$ | +30.0% |
| 2014 | 405.82 million current US$ | -11.8% |
| 2015 | 344.58 million current US$ | -15.1% |
| 2016 | 353.42 million current US$ | +2.6% |
| 2017 | 410.07 million current US$ | +16.0% |
| 2018 | 343.19 million current US$ | -16.3% |
| 2019 | 416.32 million current US$ | +21.3% |
| 2020 | 394.09 million current US$ | -5.3% |
| 2021 | 225.05 million current US$ | -42.9% |
| 2022 | 150.25 million current US$ | -33.2% |
| 2023 | 200.93 million current US$ | +33.7% |
| 2024 | 131.77 million current US$ | -34.4% |
Ghana compared with similar countries
- Ghana's 131.77 million current US$ is above the median for lower middle income countries, which is 17.39 million current US$, 7.6× the median. (43 countries reporting)
- Ghana's 131.77 million current US$ is above the median for Sub-Saharan Africa, which is 21.74 million current US$, 6.1× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | -2389.8% | 4.11 million current US$ | -94.03 million current US$ |
| 2002 | +305.0% | -27.82 million current US$ | 57.04 million current US$ |
| 1977 | +302.3% | -26.27 million current US$ | 53.14 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 30.15 million current US$ | 26.72 million current US$ | 35.30 million current US$ | 3 |
| 1970s | 19.13 million current US$ | -33.02 million current US$ | 53.14 million current US$ | 10 |
| 1980s | -1.75 million current US$ | -21.06 million current US$ | 3.81 million current US$ | 10 |
| 1990s | 14.71 million current US$ | -94.03 million current US$ | 75.34 million current US$ | 10 |
| 2000s | 32.23 million current US$ | -27.82 million current US$ | 248.24 million current US$ | 10 |
| 2010s | 384.57 million current US$ | 327.69 million current US$ | 460.37 million current US$ | 10 |
| 2020s | 220.42 million current US$ | 131.77 million current US$ | 394.09 million current US$ | 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is changes in inventories in Ghana?
- Changes in inventories in Ghana was 131.77 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Ghana?
- The highest recorded value was 460.37 million current US$ in 2013.
- What is the lowest changes in inventories recorded in Ghana?
- The lowest recorded value was -94.03 million current US$ in 1993.
- How does Ghana rank for changes in inventories?
- Ghana ranks 96th out of 186 countries with data for 2024.
- Is changes in inventories rising or falling in Ghana?
- Over the last ten years it is down 67.5%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (current US$). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.