Current account balance as a proportion of GDP in Ghana
Ghana: Current account balance as a proportion of GDP was 2.0% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Ghana, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Ghana stood at 2.0%. That is the highest value across all 25 years on record.
The figure is up 323.9% on the previous year and up 130.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Ghana peaked at 2.0% in 2024 and was at its lowest, -11.9%, in 2012.
That places Ghana 66th out of 204 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -7.8% | — |
| 2001 | -8.0% | +3.7% |
| 2002 | -1.7% | -78.8% |
| 2003 | 1.3% | -178.1% |
| 2004 | -6.6% | -598.8% |
| 2005 | -10.3% | +54.7% |
| 2006 | -5.1% | -50.8% |
| 2007 | -9.6% | +89.5% |
| 2008 | -11.6% | +21.1% |
| 2009 | -7.3% | -37.2% |
| 2010 | -8.5% | +17.2% |
| 2011 | -9.0% | +5.5% |
| 2012 | -11.9% | +32.2% |
| 2013 | -9.1% | -23.7% |
| 2014 | -6.8% | -25.6% |
| 2015 | -5.7% | -15.5% |
| 2016 | -5.0% | -11.7% |
| 2017 | -3.3% | -34.3% |
| 2018 | -3.0% | -8.3% |
| 2019 | -2.7% | -10.3% |
| 2020 | -3.0% | +11.8% |
| 2021 | -2.8% | -7.5% |
| 2022 | -2.3% | -17.3% |
| 2023 | -0.9% | -60.9% |
| 2024 | 2.0% | -323.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.7% | -11.6% | 1.3% | 10 |
| 2010s | -6.5% | -11.9% | -2.7% | 10 |
| 2020s | -1.4% | -3.0% | 2.0% | 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)
- Gross capital formation (current US$), annual growth rate 1.19 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.099 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 239.51 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 30.38 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 1.41 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,401 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 13.04 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1667 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Ghana?
- Current account balance as a proportion of gdp in Ghana was 2.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Ghana?
- The highest recorded value was 2.0% in 2024.
- What is the lowest current account balance as a proportion of gdp recorded in Ghana?
- The lowest recorded value was -11.9% in 2012.
- How does Ghana rank for current account balance as a proportion of gdp?
- Ghana ranks 66th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Ghana?
- Over the last ten years it is up 130.2%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).