Merchandise trade as a proportion of GDP in Ghana
Ghana: Merchandise trade as a proportion of GDP was 43.1% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Ghana, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Ghana recorded 43.1% for merchandise trade as a proportion of gdp in 2024.
That represents a change of up 13.0% on the previous year and down 15.3% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Ghana peaked at 93.2% in 2000 and was at its lowest, 35.7%, in 2021.
That places Ghana 144th out of 218 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 93.2% | — |
| 2001 | 91.6% | -1.7% |
| 2002 | 74.1% | -19.1% |
| 2003 | 72.5% | -2.2% |
| 2004 | 73.5% | +1.3% |
| 2005 | 75.8% | +3.2% |
| 2006 | 50.2% | -33.8% |
| 2007 | 49.4% | -1.6% |
| 2008 | 54.2% | +9.8% |
| 2009 | 53.3% | -1.6% |
| 2010 | 58.6% | +10.0% |
| 2011 | 72.8% | +24.1% |
| 2012 | 75.9% | +4.3% |
| 2013 | 49.9% | -34.3% |
| 2014 | 50.9% | +2.0% |
| 2015 | 48.1% | -5.4% |
| 2016 | 42.9% | -10.9% |
| 2017 | 43.9% | +2.3% |
| 2018 | 41.7% | -4.8% |
| 2019 | 42.5% | +1.9% |
| 2020 | 38.4% | -9.7% |
| 2021 | 35.7% | -7.2% |
| 2022 | 43.2% | +21.0% |
| 2023 | 38.1% | -11.6% |
| 2024 | 43.1% | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 68.8% | 49.4% | 93.2% | 10 |
| 2010s | 52.7% | 41.7% | 75.9% | 10 |
| 2020s | 39.7% | 35.7% | 43.2% | 5 |
Countries ranked near Ghana
- 141 France 44.0% compare
- 142 Saudi Arabia 43.4% compare
- 143 Palau 43.1% compare
- 145 Somalia 42.8% compare
- 146 Côte d'Ivoire 42.6% compare
- 146 Côte d'Ivoire 42.6% 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)
- 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 merchandise trade as a proportion of gdp in Ghana?
- Merchandise trade as a proportion of gdp in Ghana was 43.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Ghana?
- The highest recorded value was 93.2% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in Ghana?
- The lowest recorded value was 35.7% in 2021.
- How does Ghana rank for merchandise trade as a proportion of gdp?
- Ghana ranks 144th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Ghana?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is falling.
- Where does this Ghana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).