External balance on goods and services (current LCU), annual growth in Ghana
Ghana: External balance on goods and services (current LCU), annual growth was 280.23 % change on previous year in 2024. ◆ Volatile
Latest (2024)
280.23 % change on previous year
Change on year
up 606.7%
World rank
4th
of 192 countries
All-time high
280.23 % change on previous year
in 2024
All-time low
-825.6 % change on previous year
in 1984
Years of data
63
1961–2024
External balance on goods and services (current LCU), annual growth in Ghana, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external balance on goods and services (current lcu), annual growth in Ghana is 280.23 % change on previous year, measured in 2024. That is the highest value across all 63 years on record.
The figure is up 606.7% on the previous year and up 5,679.2% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Ghana peaked at 280.23 % change on previous year in 2024 and was at its lowest, -825.6 % change on previous year, in 1984.
That places Ghana 4th out of 192 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -52.38 % change on previous year | — |
| 1962 | 56.25 % change on previous year | -207.4% |
| 1963 | -64.29 % change on previous year | -214.3% |
| 1964 | 28.99 % change on previous year | -145.1% |
| 1965 | -187.75 % change on previous year | -747.8% |
| 1966 | 46.1 % change on previous year | -124.6% |
| 1967 | 50 % change on previous year | +8.5% |
| 1968 | 78.95 % change on previous year | +57.9% |
| 1969 | -50 % change on previous year | -163.3% |
| 1970 | -158.33 % change on previous year | +216.7% |
| 1971 | -261.29 % change on previous year | +65.0% |
| 1972 | 238.39 % change on previous year | -191.2% |
| 1973 | 14.19 % change on previous year | -94.0% |
| 1974 | -191.53 % change on previous year | -1449.4% |
| 1975 | 130.25 % change on previous year | -168.0% |
| 1976 | -144.9 % change on previous year | -211.2% |
| 1977 | -431.82 % change on previous year | +198.0% |
| 1978 | -138.46 % change on previous year | -67.9% |
| 1979 | 107.17 % change on previous year | -177.4% |
| 1981 | -39.66 % change on previous year | -137.0% |
| 1982 | 174.76 % change on previous year | -540.6% |
| 1983 | -358.77 % change on previous year | -305.3% |
| 1984 | -825.6 % change on previous year | +130.1% |
| 1985 | -36.48 % change on previous year | -95.6% |
| 1986 | -80.8 % change on previous year | +121.5% |
| 1987 | -167.32 % change on previous year | +107.1% |
| 1988 | -26.99 % change on previous year | -83.9% |
| 1989 | -74.31 % change on previous year | +175.3% |
| 1990 | -59.99 % change on previous year | -19.3% |
| 1991 | -20.59 % change on previous year | -65.7% |
| 1992 | -55.66 % change on previous year | +170.3% |
| 1993 | -93.44 % change on previous year | +67.9% |
| 1994 | 4.32 % change on previous year | -104.6% |
| 1995 | -9.14 % change on previous year | -311.7% |
| 1996 | -38.47 % change on previous year | +321.1% |
| 1997 | -221 % change on previous year | +474.4% |
| 1998 | 23.44 % change on previous year | -110.6% |
| 1999 | -62.4 % change on previous year | -366.2% |
| 2000 | -38.67 % change on previous year | -38.0% |
| 2001 | -48.85 % change on previous year | +26.3% |
| 2002 | 19.66 % change on previous year | -140.2% |
| 2003 | -75.96 % change on previous year | -486.4% |
| 2004 | -59.68 % change on previous year | -21.4% |
| 2005 | -46.08 % change on previous year | -22.8% |
| 2006 | -18.23 % change on previous year | -60.4% |
| 2007 | -29.89 % change on previous year | +63.9% |
| 2008 | -55.53 % change on previous year | +85.7% |
| 2009 | 18.9 % change on previous year | -134.0% |
| 2010 | -58.81 % change on previous year | -411.2% |
| 2011 | 1.74 % change on previous year | -103.0% |
| 2012 | -26.19 % change on previous year | -1604.8% |
| 2013 | -31.13 % change on previous year | +18.9% |
| 2014 | 4.85 % change on previous year | -115.6% |
| 2015 | -38.95 % change on previous year | -903.3% |
| 2016 | 25.83 % change on previous year | -166.3% |
| 2017 | 39.09 % change on previous year | +51.3% |
| 2018 | 55.93 % change on previous year | +43.1% |
| 2019 | -112.15 % change on previous year | -300.5% |
| 2020 | -101.21 % change on previous year | -9.7% |
| 2021 | 13.19 % change on previous year | -113.0% |
| 2022 | 59.67 % change on previous year | +352.5% |
| 2023 | -55.31 % change on previous year | -192.7% |
| 2024 | 280.23 % change on previous year | -606.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -10.46 % change on previous year | -187.75 % change on previous year | 78.95 % change on previous year | 9 |
| 1970s | -83.63 % change on previous year | -431.82 % change on previous year | 238.39 % change on previous year | 10 |
| 1980s | -159.46 % change on previous year | -825.6 % change on previous year | 174.76 % change on previous year | 9 |
| 1990s | -53.29 % change on previous year | -221 % change on previous year | 23.44 % change on previous year | 10 |
| 2000s | -33.43 % change on previous year | -75.96 % change on previous year | 19.66 % change on previous year | 10 |
| 2010s | -13.98 % change on previous year | -112.15 % change on previous year | 55.93 % change on previous year | 10 |
| 2020s | 39.31 % change on previous year | -101.21 % change on previous year | 280.23 % change on previous year | 5 |
Countries ranked near Ghana
- 1 Mongolia 696.41 % change on previous year compare
- 2 Côte d'Ivoire 596.58 % change on previous year compare
- 3 Cambodia 282.21 % change on previous year compare
- 5 Burkina Faso 269.55 % change on previous year compare
- 6 Finland 259.63 % change on previous year compare
- 7 Estonia 234.5 % change on previous year 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 9.52 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3476 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 840.84 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 239.87 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 25.38 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.67 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 8,702 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 6.78 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Ghana?
- External balance on goods and services (current lcu), annual growth in Ghana was 280.23 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Ghana?
- The highest recorded value was 280.23 % change on previous year in 2024.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Ghana?
- The lowest recorded value was -825.6 % change on previous year in 1984.
- How does Ghana rank for external balance on goods and services (current lcu), annual growth?
- Ghana ranks 4th out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Ghana?
- Over the last ten years it is up 5,679.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.