Trade as a share of GDP in Ghana
Ghana: Trade as a share of GDP was 69.0% in 2024. ▲ Rising
Latest (2024)
69.0%
Change on year
up 7.1%
World rank
120th
of 191 countries
All-time high
116.0%
in 2000
All-time low
6.3%
in 1982
Years of data
65
1960–2024
Trade as a share of GDP in Ghana, 1960–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, trade as a share of gdp in Ghana stood at 69.0%.
Compared with earlier readings it is up 7.1% on the previous year and up 8.0% over ten years.
Over the whole period, trade as a share of gdp in Ghana peaked at 116.0% in 2000 and was at its lowest, 6.3%, in 1982.
Ghana ranks 120th of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Trade as a share of GDP in Ghana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 63.6% | — |
| 1961 | 62.6% | -1.7% |
| 1962 | 52.7% | -15.8% |
| 1963 | 48.6% | -7.7% |
| 1964 | 43.8% | -10.0% |
| 1965 | 43.9% | +0.2% |
| 1966 | 34.3% | -21.9% |
| 1967 | 37.4% | +9.1% |
| 1968 | 41.2% | +10.2% |
| 1969 | 40.1% | -2.7% |
| 1970 | 44.0% | +9.9% |
| 1971 | 36.0% | -18.3% |
| 1972 | 35.9% | -0.2% |
| 1973 | 37.8% | +5.4% |
| 1974 | 40.1% | +6.0% |
| 1975 | 37.8% | -5.8% |
| 1976 | 31.7% | -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 | 64.5% | -34.3% |
| 2007 | 65.4% | +1.3% |
| 2008 | 69.5% | +6.4% |
| 2009 | 71.6% | +3.0% |
| 2010 | 75.4% | +5.3% |
| 2011 | 86.3% | +14.5% |
| 2012 | 93.2% | +8.0% |
| 2013 | 60.8% | -34.8% |
| 2014 | 63.8% | +5.1% |
| 2015 | 76.5% | +19.9% |
| 2016 | 67.9% | -11.3% |
| 2017 | 70.5% | +3.9% |
| 2018 | 68.0% | -3.7% |
| 2019 | 76.8% | +13.0% |
| 2020 | 66.6% | -13.3% |
| 2021 | 62.7% | -5.8% |
| 2022 | 70.1% | +11.8% |
| 2023 | 64.4% | -8.2% |
| 2024 | 69.0% | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.8% | 34.3% | 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 | 89.0% | 64.5% | 116.0% | 10 |
| 2010s | 73.9% | 60.8% | 93.2% | 10 |
| 2020s | 66.6% | 62.7% | 70.1% | 5 |
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 US$), annual growth 37.1 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.934 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 3,042 current US$ per person (2025)
- 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)
Frequently asked questions
- What is trade as a share of gdp in Ghana?
- Trade as a share of gdp in Ghana was 69.0% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Ghana?
- The highest recorded value was 116.0% in 2000.
- What is the lowest trade as a share of gdp recorded in Ghana?
- The lowest recorded value was 6.3% in 1982.
- How does Ghana rank for trade as a share of gdp?
- Ghana ranks 120th out of 191 countries with data for 2024.
- Is trade as a share of gdp rising or falling in Ghana?
- Over the last ten years it is up 8.0%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Trade in goods and services as a share of GDP, shown as a percentage.