Total FDI inflows — Value US$ in Ghana

Ghana: Total FDI inflows — Value US$ was 1,354 million USD in 2023. ◆ Volatile

Latest (2023)
1,354 million USD
Change on year
down 10.4%
World rank
83rd
of 191 countries
All-time high
3,880 million USD
in 2019
All-time low
14.8 million USD
in 1990
Years of data
34
1990–2023

Total FDI inflows — Value US$ in Ghana, 1990–2023

01.0k2.0k3.0k4.0k1990200620231990: 14.8 million USD1991: 20 million USD1992: 22.5 million USD1993: 125 million USD1994: 233 million USD1995: 106.5 million USD1996: 120 million USD1997: 81.8 million USD1998: 167.4 million USD1999: 243.7 million USD2000: 114.9 million USD2001: 89.3 million USD2002: 58.9 million USD2003: 110 million USD2004: 139.3 million USD2005: 145 million USD2006: 636 million USD2007: 855.4 million USD2008: 1.2k million USD2009: 2.9k million USD2010: 2.5k million USD2011: 3.2k million USD2012: 3.3k million USD2013: 3.2k million USD2014: 3.4k million USD2015: 3.2k million USD2016: 3.5k million USD2017: 3.3k million USD2018: 3.0k million USD2019: 3.9k million USD2020: 1.9k million USD2021: 2.6k million USD2022: 1.5k million USD2023: 1.4k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for total fdi inflows — value us$ in Ghana is 1,354 million USD, measured in 2023.

That represents a change of down 10.4% on the previous year and down 58.0% over ten years.

Over the whole period, total fdi inflows — value us$ in Ghana peaked at 3,880 million USD in 2019 and was at its lowest, 14.8 million USD, in 1990.

That places Ghana 83rd out of 191 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Total FDI inflows — Value US$ in Ghana, year by year

Annual values for Total FDI inflows — Value US$ in Ghana, 1990 to 2023.
Year million USD Change
1990 14.8 million USD —
1991 20 million USD +35.1%
1992 22.5 million USD +12.5%
1993 125 million USD +455.6%
1994 233 million USD +86.4%
1995 106.5 million USD -54.3%
1996 120 million USD +12.7%
1997 81.8 million USD -31.8%
1998 167.4 million USD +104.6%
1999 243.7 million USD +45.6%
2000 114.9 million USD -52.9%
2001 89.3 million USD -22.3%
2002 58.9 million USD -34.0%
2003 110.02 million USD +86.8%
2004 139.27 million USD +26.6%
2005 144.97 million USD +4.1%
2006 636.01 million USD +338.7%
2007 855.4 million USD +34.5%
2008 1,220 million USD +42.7%
2009 2,897 million USD +137.4%
2010 2,527 million USD -12.8%
2011 3,237 million USD +28.1%
2012 3,293 million USD +1.7%
2013 3,226 million USD -2.0%
2014 3,357 million USD +4.1%
2015 3,192 million USD -4.9%
2016 3,485 million USD +9.2%
2017 3,255 million USD -6.6%
2018 2,989 million USD -8.2%
2019 3,880 million USD +29.8%
2020 1,876 million USD -51.7%
2021 2,613 million USD +39.3%
2022 1,511 million USD -42.2%
2023 1,354 million USD -10.4%

Ghana compared with similar countries

  • Ghana's 1,354 million USD is above the median for lower middle income countries, which is 626.47 million USD, 2.2× the median. (41 countries reporting)
  • Ghana's 1,354 million USD is above the median for Sub-Saharan Africa, which is 535.74 million USD, 2.5× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Total FDI inflows — Value US$ in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1993 +455.6% 22.5 million USD 125 million USD
2006 +338.7% 144.97 million USD 636.01 million USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 113.47 million USD 14.8 million USD 243.7 million USD 10
2000s 626.63 million USD 58.9 million USD 2,897 million USD 10
2010s 3,244 million USD 2,527 million USD 3,880 million USD 10
2020s 1,838 million USD 1,354 million USD 2,613 million USD 4

Countries ranked near Ghana

  1. 80 Kenya 1,504 million USD compare
  2. 81 Bahamas 1,459 million USD compare
  3. 82 Turkmenistan 1,378 million USD compare
  4. 84 Nicaragua 1,230 million USD compare
  5. 85 Algeria 1,216 million USD compare
  6. 86 Latvia 1,212 million USD compare

See the full ranking of 239 places →

More economy & growth data for Ghana

All data for Ghana →

Frequently asked questions

What is total fdi inflows — value us$ in Ghana?
Total fdi inflows — value us$ in Ghana was 1,354 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest total fdi inflows — value us$ recorded in Ghana?
The highest recorded value was 3,880 million USD in 2019.
What is the lowest total fdi inflows — value us$ recorded in Ghana?
The lowest recorded value was 14.8 million USD in 1990.
How does Ghana rank for total fdi inflows — value us$?
Ghana ranks 83rd out of 191 countries with data for 2023.
Is total fdi inflows — value us$ rising or falling in Ghana?
Over the last ten years it is down 58.0%. The long-run trend across the full record is volatile.
Where does this Ghana data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total FDI inflows — Value US$. Statizoid updates them automatically from the source API.

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Total FDI inflows — Value US$ in Ghana. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 26 September 2026, from https://economy.statizoid.com/stat/total-fdi-inflows-value-us/ghana/

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About this data

Indicator
Total FDI inflows — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
239 places, 7,713 data points, 1990–2023
Last refreshed

FDI is an investment which aims to acquire a lasting management influence (10 percent or more of the voting stock) in an enterprise operating in a foreign economy. FDI may be undertaken by individuals, as well as business entities. The foreign direct investor most often is aiming to gain access to natural resources, to markets, to labour supply, to technology, to ensure security of supplies or to control the quality of a certain product. FDI can be decomposed into two types of investments: mergers and acquisitions (MA) and greenfield investments. The latter type results in the creation of new entities and the setting up of offices, buildings, plants or factories from scratch in a foreign economy. FDI is the sum of equity capital, reinvested earnings and other FDI capital. Equity capital comprises equity in branches, all shares in subsidiaries and associates (except non-participating, preferred shares that are treated as debt securities and are included under other FDI capital) and other contributions such as the provision of machinery. Reinvested earnings consist of the direct investor's share (in proportion to equity participation) of earnings not distributed by the direct investment enterprise. Other FDI capital (loans) includes the borrowing and lending of funds, including debt securities and trade credits between direct investors and direct investment enterprises. FDI inflows and outflows are important for tracking the direct investment conditions each year. Outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. It represents transactions affecting the investment in enterprises resident abroad. Whereas, Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. It represents transactions affecting the investment in enterprises of a specific industry resident in the reporting economy.