Ghana Current Account Balance: % of GDP
Key information about Ghana Current Account Balance: % of GDP
- Ghana Current Account surplus accounted for 0.2 % of the country's Nominal GDP in Sep 2023, compared with a 1.3 % surplus in the previous quarter.
- Ghana Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2006 to Sep 2023, with an average value of -5.6 %.
- The data reached an all-time high of 3.2 % in Mar 2006 and a record low of -17.7 % in Dec 2011.
CEIC calculates quarterly Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Bank of Ghana provides Current Account Balance in USD based on BPM5. Ghana Statistical Service provides Nominal GDP in local currency based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions. Current Account Balance as % of Nominal GDP prior to Q1 2013 is calculated from Current Account Balance based on BPM5 and Nominal GDP based on SNA 1993.
Key information about Ghana Current Account Balance: % of GDP
- In the latest reports of Ghana, Current Account recorded a surplus of 217.8 USD mn in Dec 2023.
- Foreign Direct Investment (FDI) increased by 324.8 USD mn in Dec 2022.
- Ghana Direct Investment Abroad expanded by 2.7 USD mn in Dec 2022.
- Its Foreign Portfolio Investment fell by 308.1 USD mn in Dec 2021.
- The country's Nominal GDP was reported at 19.3 USD bn in Sep 2023.
View Ghana's Current Account Balance: % of GDP from Mar 2006 to Sep 2023 in the chart:
What was Ghana's Current Account Balance: % of GDP in Sep 2023?
Ghana Current Account surplus accounted for 0.2 % of the country's Nominal GDP in Sep 2023, compared with a 1.3 % surplus in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
0.2 Sep 2023 | 1.3 Jun 2023 | -17.7 Dec 2011 | 3.2 Mar 2006 | % | quarterly | Mar 2006 - Sep 2023 |
Current Account Balance: % of GDP by Country Comparison
Buy Selected Data
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 6.6 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
Algeria (%) | 1.6 Jun 2023 | quarterly | Mar 2007 - Jun 2023 |
Argentina (%) | -2.2 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Armenia (%) | 2.7 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Australia (%) | 1.8 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
Austria (%) | 1.7 Sep 2023 | quarterly | Mar 1970 - Sep 2023 |
Azerbaijan (%) | 8.9 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Bahrain (%) | 15.2 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
Bangladesh (%) | -0.5 2023 | yearly | 1998 - 2023 |
Belarus (%) | -1.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Belgium (%) | 1.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Bolivia (%) | -6.2 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Bosnia and Herzegovina (%) | -2.8 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Botswana (%) | -16.3 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Brazil (%) | -2.6 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
Bulgaria (%) | -3.1 Dec 2023 | quarterly | Sep 1999 - Dec 2023 |
Cambodia (%) | -1.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Canada (%) | -0.2 Dec 2023 | quarterly | Mar 1957 - Dec 2023 |
Chile (%) | -4.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
China (%) | 1.2 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
Colombia (%) | -2.3 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Croatia (%) | -5.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Cyprus (%) | -11.2 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Czech Republic (%) | 0.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Denmark (%) | 12.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Ecuador (%) | 1.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Egypt (%) | 1.3 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (%) | 0.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
European Union (%) | 2.2 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Finland (%) | 1.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
France (%) | -0.9 Mar 2024 | quarterly | Mar 1997 - Mar 2024 |
Georgia (%) | -6.8 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Germany (%) | 7.1 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
Ghana (%) | 0.2 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
Greece (%) | -12.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Hong Kong SAR, China (%) | 9.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Hungary (%) | -1.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Iceland (%) | -2.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
India (%) | -1.2 Dec 2023 | quarterly | Jun 2004 - Dec 2023 |
Indonesia (%) | 0.9 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
Iran (%) | 0.6 2023 | yearly | 1997 - 2023 |
Ireland (%) | -0.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Israel (%) | 9.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Italy (%) | 1.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Ivory Coast (%) | -6.3 2022 | yearly | 1975 - 2022 |
Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
Jordan (%) | 3.0 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Kazakhstan (%) | -2.2 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
Kenya (%) | -2.3 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
South Korea (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
Kosovo (%) | -15.4 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Kuwait (%) | 37.2 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
Kyrgyzstan (%) | -60.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (%) | -3.0 2022 | yearly | 1984 - 2022 |
Latvia (%) | -1.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Lebanon (%) | -4.4 2020 | yearly | 2002 - 2020 |
Lithuania (%) | 4.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Luxembourg (%) | 7.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Macau SAR, China (%) | 11.4 2022 | yearly | 2002 - 2022 |
North Macedonia (%) | -3.0 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Malawi (%) | -14.2 2021 | yearly | 1977 - 2021 |
Malaysia (%) | 0.1 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Malta (%) | 0.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Mauritius (%) | -3.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Mexico (%) | 2.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Moldova (%) | -11.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Mongolia (%) | -4.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Montenegro (%) | -24.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Morocco (%) | -0.5 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
Mozambique (%) | -37.4 2022 | yearly | 1980 - 2022 |
Nepal (%) | -1.3 2023 | yearly | 2001 - 2023 |
Netherlands (%) | 8.5 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
New Zealand (%) | -6.7 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
Nigeria (%) | 1.9 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
Norway (%) | 17.2 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
Oman (%) | -4.9 2021 | yearly | 1980 - 2021 |
Pakistan (%) | -1.0 2023 | yearly | 1977 - 2023 |
Palestinian Territory (%) | -16.1 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
Panama (%) | -18.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Paraguay (%) | -1.2 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Peru (%) | 2.3 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Philippines (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
Poland (%) | 1.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Portugal (%) | -0.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Qatar (%) | 15.6 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
Romania (%) | -7.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Russia (%) | 2.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Saudi Arabia (%) | 1.6 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Serbia (%) | -5.5 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Singapore (%) | 19.5 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
Slovakia (%) | -3.6 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Slovenia (%) | 3.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
South Africa (%) | -2.3 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Spain (%) | 2.2 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Sri Lanka (%) | 1.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
Sweden (%) | 7.1 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Switzerland (%) | 7.6 Dec 2023 | quarterly | Mar 1983 - Dec 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doGhana Key Series
Buy Selected Data
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.6 Jun 2023 | quarterly | Dec 2008 - Jun 2023 |
Consolidated Fiscal Balance (USD mn) | 239.230 Jun 2023 | monthly | Jan 2008 - Jun 2023 |
Tax Revenue (USD mn) | 1,009.808 Jun 2023 | monthly | Jan 2008 - Jun 2023 |
Tax Revenue: % of GDP (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
Government Debt: % of GDP (%) | 70.7 2022 | yearly | 2006 - 2022 |
Forecast: Government Expenditure (GHS bn) | 422.653 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (GHS bn) | 1,247.210 2028 | yearly | 1990 - 2028 |
Forecast: Government Revenue (GHS bn) | 355.914 2029 | yearly | 1982 - 2029 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 112.7 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
Total Exports (USD mn) | 1,290.0 Aug 2023 | monthly | Jan 2010 - Aug 2023 |
Total Exports Growth (%) | -12.8 Aug 2023 | monthly | Jan 2011 - Aug 2023 |
Aluminum: Exports (USD th) | 124,996.968 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 7,139.214 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,273.109 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 1,177.3 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
Total Imports Growth (%) | -11.1 Aug 2023 | monthly | Mar 2006 - Aug 2023 |
Imports: Medicament (USD th) | 204,070.187 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 67,696.289 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 34.409 Jan 2024 | monthly | Feb 1985 - Jan 2024 |
Total Imports from USA (USD mn) | 122.691 Jan 2024 | monthly | Jun 1995 - Jan 2024 |
Total Exports to China (USD mn) | 492.309 Jan 2024 | monthly | May 1995 - Jan 2024 |
Total Imports from China (USD mn) | 169.928 Jan 2024 | monthly | Jun 1986 - Jan 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 24.6 Feb 2024 | monthly | Dec 2005 - Feb 2024 |
Non-Performing Loans (USD mn) | 1,243.949 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
Money Supply M1 (USD mn) | 10,251.243 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Money Supply M2 (USD mn) | 15,608.260 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
M2 Growth (%) | 37.2 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
Foreign Exchange Reserves: % of GDP (%) | 3.309 Sep 2023 | quarterly | Dec 2006 - Sep 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 2.3 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
Gold Reserves (Metric Ton) | 1,000.000 2023 | yearly | 2008 - 2023 |
Total Deposits (USD mn) | 17,864.204 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Total Deposits Growth (%) | 26.0 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
Domestic Credit (USD mn) | 19,764.6 Feb 2024 | monthly | Jan 1967 - Feb 2024 |
Domestic Credit Growth (%) | -1.8 Feb 2024 | monthly | Jan 1968 - Feb 2024 |
Total Loans (USD mn) | 6,482.295 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
Total Loans Growth (%) | 10.01 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
Private Debt: % of Nominal GDP (%) | 9.23 Sep 2023 | quarterly | Dec 2013 - Sep 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (%) | 22.8 Feb 2024 | monthly | Dec 2013 - Feb 2024 |
More Indicators for Ghana
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.