Net secondary income (Net current transfers from abroad) in Ghana
Ghana: Net secondary income (Net current transfers from abroad) was 12.07 billion current LCU in 2017. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Ghana, 1967–2017
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2017, net secondary income (net current transfers from abroad) in Ghana stood at 12.07 billion current LCU.
Compared with earlier readings it is down 1.4% on the previous year and up 531.8% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Ghana peaked at 12.24 billion current LCU in 2016 and was at its lowest, -8,200 current LCU, in 1983.
Ghana ranks 87th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1967 | -1,300 current LCU | — |
| 1968 | -1,600 current LCU | +23.1% |
| 1969 | -1,300 current LCU | -18.8% |
| 1970 | -1,000 current LCU | -23.1% |
| 1971 | -900 current LCU | -10.0% |
| 1972 | -400 current LCU | -55.6% |
| 1973 | -900 current LCU | +125.0% |
| 1974 | -600 current LCU | -33.3% |
| 1975 | 4,600 current LCU | -866.7% |
| 1976 | -1,000 current LCU | -121.7% |
| 1977 | -2,100 current LCU | +110.0% |
| 1978 | -2,900 current LCU | +38.1% |
| 1979 | -1,800 current LCU | -37.9% |
| 1980 | -3,200 current LCU | +77.8% |
| 1981 | -7,200 current LCU | +125.0% |
| 1982 | -2,600 current LCU | -63.9% |
| 1983 | -8,200 current LCU | +215.4% |
| 1984 | 445,800 current LCU | -5536.6% |
| 1985 | 248,300 current LCU | -44.3% |
| 1986 | 650,900 current LCU | +162.1% |
| 1987 | 2.96 million current LCU | +355.3% |
| 1988 | 3.49 million current LCU | +17.7% |
| 1989 | 5.46 million current LCU | +56.4% |
| 1990 | 6.59 million current LCU | +20.7% |
| 1991 | 8.07 million current LCU | +22.5% |
| 1992 | 11.14 million current LCU | +38.0% |
| 1993 | 33.57 million current LCU | +201.3% |
| 1994 | 45.16 million current LCU | +34.5% |
| 1995 | 62.81 million current LCU | +39.1% |
| 1996 | 78.87 million current LCU | +25.6% |
| 1997 | 114.75 million current LCU | +45.5% |
| 1998 | 171.64 million current LCU | +49.6% |
| 1999 | 165.55 million current LCU | -3.5% |
| 2000 | 354.36 million current LCU | +114.1% |
| 2001 | 618.32 million current LCU | +74.5% |
| 2002 | 664.55 million current LCU | +7.5% |
| 2003 | 964.86 million current LCU | +45.2% |
| 2004 | 1.54 billion current LCU | +59.7% |
| 2005 | 1.52 billion current LCU | -1.2% |
| 2006 | 1.64 billion current LCU | +7.8% |
| 2007 | 1.91 billion current LCU | +16.5% |
| 2008 | 2.34 billion current LCU | +22.4% |
| 2009 | 2.95 billion current LCU | +26.0% |
| 2010 | 3.32 billion current LCU | +12.7% |
| 2011 | 3.93 billion current LCU | +18.2% |
| 2012 | 4.32 billion current LCU | +10.0% |
| 2013 | 3.79 billion current LCU | -12.3% |
| 2014 | 5.90 billion current LCU | +55.5% |
| 2015 | 9.60 billion current LCU | +62.9% |
| 2016 | 12.24 billion current LCU | +27.5% |
| 2017 | 12.07 billion current LCU | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -1,400 current LCU | -1,600 current LCU | -1,300 current LCU | 3 |
| 1970s | -700 current LCU | -2,900 current LCU | 4,600 current LCU | 10 |
| 1980s | 1.32 million current LCU | -8,200 current LCU | 5.46 million current LCU | 10 |
| 1990s | 69.81 million current LCU | 6.59 million current LCU | 171.64 million current LCU | 10 |
| 2000s | 1.45 billion current LCU | 354.36 million current LCU | 2.95 billion current LCU | 10 |
| 2010s | 6.90 billion current LCU | 3.32 billion current LCU | 12.24 billion current LCU | 8 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 21.22 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 11.73 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 38,201 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6389 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,081 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.75 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Ghana?
- Net secondary income (net current transfers from abroad) in Ghana was 12.07 billion current LCU in 2017, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Ghana?
- The highest recorded value was 12.24 billion current LCU in 2016.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Ghana?
- The lowest recorded value was -8,200 current LCU in 1983.
- How does Ghana rank for net secondary income (net current transfers from abroad)?
- Ghana ranks 87th out of 202 countries with data for 2017.
- Is net secondary income (net current transfers from abroad) rising or falling in Ghana?
- Over the last ten years it is up 531.8%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.