Trade in Ghana
Ghana: Trade was 69.0% in 2024. ▲ Rising
Trade in Ghana, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for trade in Ghana is 69.0%, measured in 2024.
The figure is up 7.1% on the previous year and up 8.0% over ten years.
Over the whole period, trade in Ghana peaked at 116.0% in 2000 and was at its lowest, 6.3%, in 1982.
Ghana ranks 121st of 192 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 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)
- Services, value added (current US$), annual growth rate 34.7 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4287 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,396 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 19.1 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 5.38 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 17,535 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 8.12 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.293 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in Ghana?
- Trade in Ghana was 69.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Ghana?
- The highest recorded value was 116.0% in 2000.
- What is the lowest trade recorded in Ghana?
- The lowest recorded value was 6.3% in 1982.
- How does Ghana rank for trade?
- Ghana ranks 121st out of 192 countries with data for 2024.
- Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.