Total reserves in Ghana
Ghana: Total reserves was 4.47 billion includes gold, current US$ in 2024. ◆ Volatile
Latest (2024)
4.47 billion includes gold, current US$
Change on year
up 23.4%
World rank
110th
of 182 countries
All-time high
9.92 billion includes gold, current US$
in 2021
All-time low
42.58 million includes gold, current US$
in 1970
Years of data
65
1960–2024
Total reserves in Ghana, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
In 2024, total reserves in Ghana stood at 4.47 billion includes gold, current US$.
Compared with earlier readings it is up 23.4% on the previous year and down 19.6% over ten years.
Over the whole period, total reserves in Ghana peaked at 9.92 billion includes gold, current US$ in 2021 and was at its lowest, 42.58 million includes gold, current US$, in 1970.
That places Ghana 110th out of 182 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Ghana, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1960 | 277.93 million includes gold, current US$ | — |
| 1961 | 155.95 million includes gold, current US$ | -43.9% |
| 1962 | 159.61 million includes gold, current US$ | +2.3% |
| 1963 | 122.11 million includes gold, current US$ | -23.5% |
| 1964 | 122.72 million includes gold, current US$ | +0.5% |
| 1965 | 132.51 million includes gold, current US$ | +8.0% |
| 1966 | 111.13 million includes gold, current US$ | -16.1% |
| 1967 | 82.73 million includes gold, current US$ | -25.6% |
| 1968 | 97.00 million includes gold, current US$ | +17.3% |
| 1969 | 71.83 million includes gold, current US$ | -25.9% |
| 1970 | 42.58 million includes gold, current US$ | -40.7% |
| 1971 | 43.09 million includes gold, current US$ | +1.2% |
| 1972 | 104.04 million includes gold, current US$ | +141.4% |
| 1973 | 194.04 million includes gold, current US$ | +86.5% |
| 1974 | 101.33 million includes gold, current US$ | -47.8% |
| 1975 | 147.16 million includes gold, current US$ | +45.2% |
| 1976 | 113.30 million includes gold, current US$ | -23.0% |
| 1977 | 181.58 million includes gold, current US$ | +60.3% |
| 1978 | 326.66 million includes gold, current US$ | +79.9% |
| 1979 | 401.24 million includes gold, current US$ | +22.8% |
| 1980 | 329.58 million includes gold, current US$ | -17.9% |
| 1981 | 268.43 million includes gold, current US$ | -18.6% |
| 1982 | 314.34 million includes gold, current US$ | +17.1% |
| 1983 | 291.31 million includes gold, current US$ | -7.3% |
| 1984 | 437.21 million includes gold, current US$ | +50.1% |
| 1985 | 552.08 million includes gold, current US$ | +26.3% |
| 1986 | 623.97 million includes gold, current US$ | +13.0% |
| 1987 | 331.65 million includes gold, current US$ | -46.8% |
| 1988 | 310.35 million includes gold, current US$ | -6.4% |
| 1989 | 435.93 million includes gold, current US$ | +40.5% |
| 1990 | 309.31 million includes gold, current US$ | -29.0% |
| 1991 | 644.30 million includes gold, current US$ | +108.3% |
| 1992 | 411.56 million includes gold, current US$ | -36.1% |
| 1993 | 516.97 million includes gold, current US$ | +25.6% |
| 1994 | 689.27 million includes gold, current US$ | +33.3% |
| 1995 | 803.82 million includes gold, current US$ | +16.6% |
| 1996 | 930.27 million includes gold, current US$ | +15.7% |
| 1997 | 617.63 million includes gold, current US$ | -33.6% |
| 1998 | 456.70 million includes gold, current US$ | -26.1% |
| 1999 | 534.75 million includes gold, current US$ | +17.1% |
| 2000 | 308.90 million includes gold, current US$ | -42.2% |
| 2001 | 375.94 million includes gold, current US$ | +21.7% |
| 2002 | 636.06 million includes gold, current US$ | +69.2% |
| 2003 | 1.47 billion includes gold, current US$ | +131.1% |
| 2004 | 1.75 billion includes gold, current US$ | +19.0% |
| 2005 | 1.90 billion includes gold, current US$ | +8.4% |
| 2006 | 2.27 billion includes gold, current US$ | +19.6% |
| 2007 | 2.22 billion includes gold, current US$ | -2.2% |
| 2008 | 2.01 billion includes gold, current US$ | -9.2% |
| 2009 | 3.69 billion includes gold, current US$ | +83.3% |
| 2010 | 5.16 billion includes gold, current US$ | +39.7% |
| 2011 | 5.91 billion includes gold, current US$ | +14.6% |
| 2012 | 5.84 billion includes gold, current US$ | -1.3% |
| 2013 | 5.59 billion includes gold, current US$ | -4.2% |
| 2014 | 5.56 billion includes gold, current US$ | -0.4% |
| 2015 | 5.74 billion includes gold, current US$ | +3.2% |
| 2016 | 5.87 billion includes gold, current US$ | +2.2% |
| 2017 | 7.02 billion includes gold, current US$ | +19.6% |
| 2018 | 6.29 billion includes gold, current US$ | -10.3% |
| 2019 | 7.56 billion includes gold, current US$ | +20.1% |
| 2020 | 7.88 billion includes gold, current US$ | +4.2% |
| 2021 | 9.92 billion includes gold, current US$ | +25.8% |
| 2022 | 5.21 billion includes gold, current US$ | -47.5% |
| 2023 | 3.62 billion includes gold, current US$ | -30.4% |
| 2024 | 4.47 billion includes gold, current US$ | +23.4% |
Ghana compared with similar countries
- Ghana's 4.47 billion includes gold, current US$ is above the median for lower middle income countries, which is 4.39 billion includes gold, current US$, 1.0× the median. (42 countries reporting)
- Ghana's 4.47 billion includes gold, current US$ is above the median for Sub-Saharan Africa, which is 1.30 billion includes gold, current US$, 3.4× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 133.35 million includes gold, current US$ | 71.83 million includes gold, current US$ | 277.93 million includes gold, current US$ | 10 |
| 1970s | 165.50 million includes gold, current US$ | 42.58 million includes gold, current US$ | 401.24 million includes gold, current US$ | 10 |
| 1980s | 389.48 million includes gold, current US$ | 268.43 million includes gold, current US$ | 623.97 million includes gold, current US$ | 10 |
| 1990s | 591.46 million includes gold, current US$ | 309.31 million includes gold, current US$ | 930.27 million includes gold, current US$ | 10 |
| 2000s | 1.66 billion includes gold, current US$ | 308.90 million includes gold, current US$ | 3.69 billion includes gold, current US$ | 10 |
| 2010s | 6.05 billion includes gold, current US$ | 5.16 billion includes gold, current US$ | 7.56 billion includes gold, current US$ | 10 |
| 2020s | 6.22 billion includes gold, current US$ | 3.62 billion includes gold, current US$ | 9.92 billion includes gold, current US$ | 5 |
Countries ranked near Ghana
- 107 Cameroon 5.06 billion includes gold, current US$ compare
- 108 Tanzania 5.05 billion includes gold, current US$ compare
- 109 El Salvador 4.82 billion includes gold, current US$ compare
- 111 Tajikistan 4.31 billion includes gold, current US$ compare
- 112 Croatia 4.22 billion includes gold, current US$ compare
- 113 Zambia 4.09 billion includes gold, current US$ 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)
- 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is total reserves in Ghana?
- Total reserves in Ghana was 4.47 billion includes gold, current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Ghana?
- The highest recorded value was 9.92 billion includes gold, current US$ in 2021.
- What is the lowest total reserves recorded in Ghana?
- The lowest recorded value was 42.58 million includes gold, current US$ in 1970.
- How does Ghana rank for total reserves?
- Ghana ranks 110th out of 182 countries with data for 2024.
- Is total reserves rising or falling in Ghana?
- Over the last ten years it is down 19.6%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.