Merchandise trade to GDP ratio in Ghana
Ghana: Merchandise trade to GDP ratio was 89.2% in 2011. ◆ Volatile
Merchandise trade to GDP ratio in Ghana, 1960–2011
Source: World Bank country economists. Measured in %.
Analysis
The most recent figure for merchandise trade to gdp ratio in Ghana is 89.2%, measured in 2011.
Compared with earlier readings it is up 26.2% on the previous year and down 19.0% over ten years.
Over the whole period, merchandise trade to gdp ratio in Ghana peaked at 116.0% in 2000 and was at its lowest, 6.3%, in 1982.
That places Ghana 19th out of 53 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise trade to GDP ratio in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 63.6% | — |
| 1961 | 62.6% | -1.6% |
| 1962 | 52.7% | -15.8% |
| 1963 | 48.6% | -7.7% |
| 1964 | 43.8% | -10.0% |
| 1965 | 43.8% | +0.2% |
| 1966 | 34.2% | -21.9% |
| 1967 | 37.3% | +9.0% |
| 1968 | 41.1% | +10.2% |
| 1969 | 40.1% | -2.6% |
| 1970 | 44.0% | +9.9% |
| 1971 | 36.0% | -18.2% |
| 1972 | 35.9% | -0.2% |
| 1973 | 37.8% | +5.4% |
| 1974 | 40.1% | +6.0% |
| 1975 | 37.8% | -5.8% |
| 1976 | 31.8% | -16.0% |
| 1977 | 22.0% | -30.6% |
| 1978 | 18.0% | -18.1% |
| 1979 | 22.4% | +24.1% |
| 1980 | 17.6% | -21.3% |
| 1981 | 10.1% | -42.8% |
| 1982 | 6.3% | -37.3% |
| 1983 | 11.5% | +82.7% |
| 1984 | 18.8% | +63.0% |
| 1985 | 24.2% | +28.9% |
| 1986 | 36.7% | +51.4% |
| 1987 | 45.8% | +24.9% |
| 1988 | 42.2% | -7.9% |
| 1989 | 41.1% | -2.7% |
| 1990 | 42.7% | +4.0% |
| 1991 | 42.5% | -0.6% |
| 1992 | 46.0% | +8.3% |
| 1993 | 56.7% | +23.2% |
| 1994 | 62.0% | +9.4% |
| 1995 | 57.4% | -7.4% |
| 1996 | 72.2% | +25.7% |
| 1997 | 85.4% | +18.3% |
| 1998 | 80.6% | -5.6% |
| 1999 | 81.7% | +1.4% |
| 2000 | 116.0% | +42.0% |
| 2001 | 110.0% | -5.2% |
| 2002 | 97.5% | -11.4% |
| 2003 | 97.3% | -0.2% |
| 2004 | 99.7% | +2.4% |
| 2005 | 98.2% | -1.5% |
| 2006 | 65.9% | -32.8% |
| 2007 | 65.4% | -0.9% |
| 2008 | 69.5% | +6.4% |
| 2009 | 71.6% | +3.0% |
| 2010 | 70.6% | -1.3% |
| 2011 | 89.2% | +26.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.8% | 34.2% | 63.6% | 10 |
| 1970s | 32.6% | 18.0% | 44.0% | 10 |
| 1980s | 25.5% | 6.3% | 45.8% | 10 |
| 1990s | 62.7% | 42.5% | 85.4% | 10 |
| 2000s | 89.1% | 65.4% | 116.0% | 10 |
| 2010s | 79.9% | 70.6% | 89.2% | 2 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1011 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 329.19 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 1.27 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 4,134 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0752 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 244.78 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 649.98 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 37.37 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade to gdp ratio in Ghana?
- Merchandise trade to gdp ratio in Ghana was 89.2% in 2011, according to World Bank country economists.
- What is the highest merchandise trade to gdp ratio recorded in Ghana?
- The highest recorded value was 116.0% in 2000.
- What is the lowest merchandise trade to gdp ratio recorded in Ghana?
- The lowest recorded value was 6.3% in 1982.
- How does Ghana rank for merchandise trade to gdp ratio?
- Ghana ranks 19th out of 53 countries with data for 2011.
- Is merchandise trade to gdp ratio rising or falling in Ghana?
- Over the last ten years it is down 19.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from World Bank country economists, published as part of Merchandise trade to GDP ratio (%). Statizoid updates them automatically from the source API.
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About this data
Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars and from the national accounts.