Total reserves minus gold in Ghana
Ghana: Total reserves minus gold was 4.47 billion current US$ in 2024. ◆ Volatile
Latest (2024)
4.47 billion current US$
Change on year
up 46.9%
World rank
108th
of 182 countries
All-time high
9.41 billion current US$
in 2021
All-time low
36.11 million current US$
in 1971
Years of data
65
1960–2024
Total reserves minus gold in Ghana, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
Ghana recorded 4.47 billion current US$ for total reserves minus gold in 2024.
Compared with earlier readings it is up 46.9% on the previous year and down 14.4% over ten years.
Over the whole period, total reserves minus gold in Ghana peaked at 9.41 billion current US$ in 2021 and was at its lowest, 36.11 million current US$, in 1971.
That places Ghana 108th out of 182 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 272.23 million current US$ | — |
| 1961 | 150.33 million current US$ | -44.8% |
| 1962 | 154.00 million current US$ | +2.4% |
| 1963 | 116.50 million current US$ | -24.4% |
| 1964 | 117.10 million current US$ | +0.5% |
| 1965 | 126.89 million current US$ | +8.4% |
| 1966 | 105.50 million current US$ | -16.9% |
| 1967 | 77.10 million current US$ | -26.9% |
| 1968 | 90.30 million current US$ | +17.1% |
| 1969 | 66.20 million current US$ | -26.7% |
| 1970 | 36.60 million current US$ | -44.7% |
| 1971 | 36.11 million current US$ | -1.3% |
| 1972 | 93.66 million current US$ | +159.4% |
| 1973 | 176.08 million current US$ | +88.0% |
| 1974 | 71.49 million current US$ | -59.4% |
| 1975 | 124.72 million current US$ | +74.4% |
| 1976 | 91.74 million current US$ | -26.4% |
| 1977 | 148.59 million current US$ | +62.0% |
| 1978 | 277.16 million current US$ | +86.5% |
| 1979 | 289.11 million current US$ | +4.3% |
| 1980 | 180.44 million current US$ | -37.6% |
| 1981 | 145.60 million current US$ | -19.3% |
| 1982 | 138.89 million current US$ | -4.6% |
| 1983 | 144.81 million current US$ | +4.3% |
| 1984 | 301.56 million current US$ | +108.2% |
| 1985 | 478.50 million current US$ | +58.7% |
| 1986 | 512.96 million current US$ | +7.2% |
| 1987 | 195.13 million current US$ | -62.0% |
| 1988 | 221.32 million current US$ | +13.4% |
| 1989 | 347.31 million current US$ | +56.9% |
| 1990 | 218.84 million current US$ | -37.0% |
| 1991 | 550.25 million current US$ | +151.4% |
| 1992 | 319.91 million current US$ | -41.9% |
| 1993 | 409.68 million current US$ | +28.1% |
| 1994 | 583.87 million current US$ | +42.5% |
| 1995 | 697.47 million current US$ | +19.5% |
| 1996 | 828.73 million current US$ | +18.8% |
| 1997 | 537.82 million current US$ | -35.1% |
| 1998 | 376.98 million current US$ | -29.9% |
| 1999 | 453.77 million current US$ | +20.4% |
| 2000 | 232.06 million current US$ | -48.9% |
| 2001 | 298.24 million current US$ | +28.5% |
| 2002 | 539.75 million current US$ | +81.0% |
| 2003 | 1.35 billion current US$ | +150.6% |
| 2004 | 1.63 billion current US$ | +20.2% |
| 2005 | 1.75 billion current US$ | +7.8% |
| 2006 | 2.09 billion current US$ | +19.2% |
| 2007 | 1.98 billion current US$ | -5.1% |
| 2008 | 1.77 billion current US$ | -10.8% |
| 2009 | 3.39 billion current US$ | +91.3% |
| 2010 | 4.76 billion current US$ | +40.7% |
| 2011 | 5.48 billion current US$ | +15.1% |
| 2012 | 5.37 billion current US$ | -2.1% |
| 2013 | 5.25 billion current US$ | -2.2% |
| 2014 | 5.22 billion current US$ | -0.5% |
| 2015 | 5.44 billion current US$ | +4.2% |
| 2016 | 5.54 billion current US$ | +1.8% |
| 2017 | 6.65 billion current US$ | +19.9% |
| 2018 | 5.93 billion current US$ | -10.8% |
| 2019 | 7.14 billion current US$ | +20.2% |
| 2020 | 7.35 billion current US$ | +3.0% |
| 2021 | 9.41 billion current US$ | +27.9% |
| 2022 | 4.70 billion current US$ | -50.1% |
| 2023 | 3.04 billion current US$ | -35.2% |
| 2024 | 4.47 billion current US$ | +46.9% |
Ghana compared with similar countries
- Ghana's 4.47 billion current US$ is above the median for lower middle income countries, which is 3.82 billion current US$, 1.2× the median. (42 countries reporting)
- Ghana's 4.47 billion current US$ is above the median for Sub-Saharan Africa, which is 1.17 billion current US$, 3.8× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 127.61 million current US$ | 66.20 million current US$ | 272.23 million current US$ | 10 |
| 1970s | 134.53 million current US$ | 36.11 million current US$ | 289.11 million current US$ | 10 |
| 1980s | 266.65 million current US$ | 138.89 million current US$ | 512.96 million current US$ | 10 |
| 1990s | 497.73 million current US$ | 218.84 million current US$ | 828.73 million current US$ | 10 |
| 2000s | 1.50 billion current US$ | 232.06 million current US$ | 3.39 billion current US$ | 10 |
| 2010s | 5.68 billion current US$ | 4.76 billion current US$ | 7.14 billion current US$ | 10 |
| 2020s | 5.79 billion current US$ | 3.04 billion current US$ | 9.41 billion current US$ | 5 |
Countries ranked near Ghana
- 105 North Macedonia 4.84 billion current US$ compare
- 106 Bahrain 4.61 billion current US$ compare
- 107 El Salvador 4.56 billion current US$ compare
- 109 Tajikistan 4.31 billion current US$ compare
- 110 Croatia 4.22 billion current US$ compare
- 111 Zambia 4.09 billion 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is total reserves minus gold in Ghana?
- Total reserves minus gold in Ghana was 4.47 billion current US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Ghana?
- The highest recorded value was 9.41 billion current US$ in 2021.
- What is the lowest total reserves minus gold recorded in Ghana?
- The lowest recorded value was 36.11 million current US$ in 1971.
- How does Ghana rank for total reserves minus gold?
- Ghana ranks 108th out of 182 countries with data for 2024.
- Is total reserves minus gold rising or falling in Ghana?
- Over the last ten years it is down 14.4%. 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 minus gold (current US$). Statizoid updates them automatically from the source API.
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About this data
This series includes external assets (excluding 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.