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 67th out of 205 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% |
Ghana compared with similar countries
- Ghana's 2.0% is above the median for lower middle income countries, which is -0.8%. (43 countries reporting)
- Ghana's 2.0% is above the median for Sub-Saharan Africa, which is -4.1%. (40 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) 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 |
|---|---|---|---|
| 2004 | -598.8% | 1.3% | -6.6% |
| 2024 | +323.9% | -0.9% | 2.0% |
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
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
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 67th out of 205 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).