Value of imported goods as a share of GDP in Ghana
Ghana: Value of imported goods as a share of GDP was 22.4% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Ghana, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Ghana recorded 22.4% for value of imported goods as a share of gdp in 2024.
The figure is up 10.3% on the previous year and down 23.7% over ten years.
Over the whole period, value of imported goods as a share of gdp in Ghana peaked at 58.2% in 2001 and was at its lowest, 7.7%, in 1991.
That places Ghana 146th out of 201 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Value of imported goods as a share of GDP in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 25.1% | — |
| 1961 | 27.4% | +8.9% |
| 1962 | 22.3% | -18.7% |
| 1963 | 20.8% | -6.6% |
| 1964 | 17.3% | -16.9% |
| 1965 | 19.5% | +12.8% |
| 1966 | 15.1% | -22.5% |
| 1967 | 16.0% | +5.7% |
| 1968 | 15.9% | -0.2% |
| 1969 | 15.7% | -1.6% |
| 1970 | 16.2% | +3.7% |
| 1971 | 14.7% | -9.4% |
| 1972 | 11.8% | -19.8% |
| 1973 | 12.2% | +3.2% |
| 1974 | 23.6% | +94.0% |
| 1975 | 23.9% | +1.0% |
| 1976 | 25.7% | +7.6% |
| 1977 | 27.4% | +6.8% |
| 1978 | 21.3% | -22.2% |
| 1979 | 17.7% | -16.8% |
| 1980 | 22.6% | +27.2% |
| 1981 | 26.3% | +16.7% |
| 1982 | 22.9% | -13.2% |
| 1983 | 16.3% | -28.6% |
| 1984 | 11.1% | -32.2% |
| 1985 | 15.1% | +36.5% |
| 1986 | 12.6% | -16.7% |
| 1987 | 18.8% | +49.3% |
| 1988 | 15.3% | -18.9% |
| 1989 | 19.9% | +30.5% |
| 1990 | 26.9% | +35.1% |
| 1991 | 7.7% | -71.5% |
| 1992 | 32.5% | +324.7% |
| 1993 | 33.9% | +4.3% |
| 1994 | 37.2% | +9.7% |
| 1995 | 38.8% | +4.1% |
| 1996 | 45.6% | +17.7% |
| 1997 | 48.4% | +6.1% |
| 1998 | 45.5% | -6.1% |
| 1999 | 41.8% | -8.0% |
| 2000 | 57.3% | +36.8% |
| 2001 | 58.2% | +1.7% |
| 2002 | 43.4% | -25.4% |
| 2003 | 41.9% | -3.5% |
| 2004 | 45.4% | +8.4% |
| 2005 | 45.4% | +0.1% |
| 2006 | 25.5% | -43.9% |
| 2007 | 29.3% | +15.0% |
| 2008 | 29.8% | +1.5% |
| 2009 | 24.7% | -16.9% |
| 2010 | 25.0% | +1.2% |
| 2011 | 32.0% | +28.1% |
| 2012 | 32.9% | +2.7% |
| 2013 | 20.3% | -38.2% |
| 2014 | 29.4% | +44.6% |
| 2015 | 28.5% | -3.1% |
| 2016 | 22.0% | -22.7% |
| 2017 | 21.1% | -4.3% |
| 2018 | 17.5% | -17.1% |
| 2019 | 15.3% | -12.5% |
| 2020 | 20.4% | +33.2% |
| 2021 | 22.4% | +10.0% |
| 2022 | 24.8% | +10.6% |
| 2023 | 20.3% | -17.9% |
| 2024 | 22.4% | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.5% | 15.1% | 27.4% | 10 |
| 1970s | 19.5% | 11.8% | 27.4% | 10 |
| 1980s | 18.1% | 11.1% | 26.3% | 10 |
| 1990s | 35.8% | 7.7% | 48.4% | 10 |
| 2000s | 40.1% | 24.7% | 58.2% | 10 |
| 2010s | 24.4% | 15.3% | 32.9% | 10 |
| 2020s | 22.1% | 20.3% | 24.8% | 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 value of imported goods as a share of gdp in Ghana?
- Value of imported goods as a share of gdp in Ghana was 22.4% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Ghana?
- The highest recorded value was 58.2% in 2001.
- What is the lowest value of imported goods as a share of gdp recorded in Ghana?
- The lowest recorded value was 7.7% in 1991.
- How does Ghana rank for value of imported goods as a share of gdp?
- Ghana ranks 146th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Ghana?
- Over the last ten years it is down 23.7%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).