Value of imported goods and services, annual growth rate in Ghana
Ghana: Value of imported goods and services, annual growth rate was 9.52 % change on previous year in 2024. ◆ Volatile
Value of imported goods and services, annual growth rate in Ghana, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ghana recorded 9.52 % change on previous year for value of imported goods and services, annual growth rate in 2024.
Compared with earlier readings it is up 906.4% on the previous year and up 166.0% over ten years.
Over the whole period, value of imported goods and services, annual growth rate in Ghana peaked at 40.08 % change on previous year in 2011 and was at its lowest, -14.41 % change on previous year, in 2014.
Ghana ranks 40th of 170 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imported goods and services, annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 21.68 % change on previous year | — |
| 2008 | 24.63 % change on previous year | +13.6% |
| 2009 | -12.55 % change on previous year | -151.0% |
| 2010 | 26.7 % change on previous year | -312.7% |
| 2011 | 40.08 % change on previous year | +50.1% |
| 2012 | 12.79 % change on previous year | -68.1% |
| 2013 | 2.27 % change on previous year | -82.2% |
| 2014 | -14.41 % change on previous year | -734.0% |
| 2015 | 7.93 % change on previous year | -155.0% |
| 2016 | -1.09 % change on previous year | -113.8% |
| 2017 | 7.67 % change on previous year | -801.1% |
| 2018 | 4.96 % change on previous year | -35.3% |
| 2019 | 15.88 % change on previous year | +220.0% |
| 2020 | -8.78 % change on previous year | -155.3% |
| 2021 | 5.79 % change on previous year | -165.9% |
| 2022 | 1.39 % change on previous year | -75.9% |
| 2023 | -1.18 % change on previous year | -184.7% |
| 2024 | 9.52 % change on previous year | -906.4% |
Ghana compared with similar countries
- Ghana's 9.52 % change on previous year is above the median for lower middle income countries, which is 4.55 % change on previous year, 2.1× the median. (43 countries reporting)
- Ghana's 9.52 % change on previous year is above the median for Sub-Saharan Africa, which is 3.91 % change on previous year, 2.4× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.25 % change on previous year | -12.55 % change on previous year | 24.63 % change on previous year | 3 |
| 2010s | 10.28 % change on previous year | -14.41 % change on previous year | 40.08 % change on previous year | 10 |
| 2020s | 1.35 % change on previous year | -8.78 % change on previous year | 9.52 % change on previous year | 5 |
Countries ranked near Ghana
- 37 Tunisia 10.09 % change on previous year compare
- 38 Oman 9.72 % change on previous year compare
- 39 Switzerland 9.7 % change on previous year compare
- 41 Ireland 9.48 % change on previous year compare
- 42 Lithuania 9.27 % change on previous year compare
- 43 Gabon 9.09 % change on previous year 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 value of imported goods and services, annual growth rate in Ghana?
- Value of imported goods and services, annual growth rate in Ghana was 9.52 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest value of imported goods and services, annual growth rate recorded in Ghana?
- The highest recorded value was 40.08 % change on previous year in 2011.
- What is the lowest value of imported goods and services, annual growth rate recorded in Ghana?
- The lowest recorded value was -14.41 % change on previous year in 2014.
- How does Ghana rank for value of imported goods and services, annual growth rate?
- Ghana ranks 40th out of 170 countries with data for 2024.
- Is value of imported goods and services, annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 166.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Value of imported goods and services, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Value of imported goods and services. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value of imported goods and services National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value of imported goods and services. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.