Volume of remittances (in United States dollars) … total in Ghana
Ghana: Volume of remittances (in United States dollars) … total was 3.7% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Ghana, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Ghana stood at 3.7%.
Compared with earlier readings it is up 20.7% on the previous year and up 0.2% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Ghana peaked at 10.1% in 2015 and was at its lowest, 0.4%, in 2010.
Ghana ranks 77th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) … total in Ghana, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.7% | — |
| 2001 | 0.9% | +32.9% |
| 2002 | 0.7% | -18.3% |
| 2003 | 0.9% | +20.8% |
| 2004 | 0.9% | +8.7% |
| 2005 | 0.9% | -0.5% |
| 2006 | 0.5% | -45.4% |
| 2007 | 0.5% | -6.2% |
| 2008 | 0.4% | -7.0% |
| 2009 | 0.4% | -0.1% |
| 2010 | 0.4% | -4.0% |
| 2011 | 5.4% | +1186.1% |
| 2012 | 5.2% | -3.8% |
| 2013 | 3.0% | -43.2% |
| 2014 | 3.7% | +23.8% |
| 2015 | 10.1% | +174.5% |
| 2016 | 5.3% | -47.3% |
| 2017 | 5.9% | +10.3% |
| 2018 | 5.2% | -10.6% |
| 2019 | 5.9% | +13.3% |
| 2020 | 6.1% | +3.4% |
| 2021 | 2.5% | -59.9% |
| 2022 | 2.9% | +17.0% |
| 2023 | 3.0% | +5.8% |
| 2024 | 3.7% | +20.7% |
Ghana compared with similar countries
- Ghana's 3.7% is below the median for lower middle income countries, which is 6.1%, 60% of the median. (43 countries reporting)
- Ghana's 3.7% is above the median for Sub-Saharan Africa, which is 2.9%, 1.3× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) … total in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +1186.1% | 0.4% | 5.4% |
| 2015 | +174.5% | 3.7% | 10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | 0.4% | 0.9% | 10 |
| 2010s | 5.0% | 0.4% | 10.1% | 10 |
| 2020s | 3.6% | 2.5% | 6.1% | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Ghana?
- Volume of remittances (in united states dollars) as a proportion of in Ghana was 3.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Ghana?
- The highest recorded value was 10.1% in 2015.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Ghana?
- The lowest recorded value was 0.4% in 2010.
- How does Ghana rank for volume of remittances (in united states dollars) as a proportion of?
- Ghana ranks 77th out of 205 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Ghana?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
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