Ghana Business Confidence Growth

2013 - 2024 | Monthly | % | CEIC Data

Key information about Ghana Business Confidence Growth

  • Ghana Business Confidence grew 14.4 % in Aug 2024, compared with an increase of 11.0 % YoY in the previous month.
  • Ghana Business Confidence: YoY Change is updated monthly, available from Dec 2013 to Aug 2024, with an averaged rate of -0.7 %.
  • The data reached an all-high of 25.5 % in Apr 2021 and a record low of -24.0 % in Oct 2022.

CEIC calculates Business Confidence Change from monthly Business Confidence Index. The Bank of Ghana provides Business Confidence Index with base April 2003=100.

View Ghana's Business Confidence Growth from Dec 2013 to Aug 2024 in the chart:

Ghana Business Confidence Growth

What was Ghana's Business Confidence Growth in Aug 2024?

Ghana Business Confidence grew 14.4 % in Aug 2024, compared with an increase of 11.0 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
14.4 Aug 2024 11.0 Jun 2024 -24.0 Oct 2022 25.5 Apr 2021 % monthly Dec 2013 - Aug 2024

Business Confidence Growth by Country Comparison

country/region Last Frequency Range
Albania (% Point) -5.7 Dec 2024 quarterly Jun 2017 - Dec 2024
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) -2.0 Dec 2024 monthly Jul 2013 - Dec 2024
Austria (% Point) -5.0 Jan 2025 monthly Jan 1986 - Jan 2025
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -2.1 Dec 2024 monthly Jan 1981 - Dec 2024
Brazil (% Point) -2.2 Dec 2024 monthly Jan 2010 - Dec 2024
Bulgaria (% Point) 3.3 Jan 2025 monthly Jan 1994 - Jan 2025
Canada (% Point) -18.8 Jan 2025 monthly Dec 2001 - Jan 2025
Chile (% Point) 10.7 Jan 2025 monthly Nov 2004 - Jan 2025
China (% Point) -0.2 Jan 2025 monthly Jan 2006 - Jan 2025
Colombia (% Point) 4.1 Dec 2024 monthly Jan 1981 - Dec 2024
Croatia (% Point) -3.4 Jan 2025 monthly May 2009 - Jan 2025
Cyprus (% Point) 7.9 Jan 2025 monthly May 2003 - Jan 2025
Czech Republic (% Point) 3.0 Jan 2025 monthly Mar 1994 - Jan 2025
Denmark (% Point) 9.8 Jan 2025 monthly Jan 1986 - Jan 2025
Ecuador (% Point) 7.5 Dec 2024 monthly Feb 2011 - Dec 2024
Estonia (% Point) 10.0 Jan 2025 monthly May 2002 - Jan 2025
European Union (% Point) -3.0 Jan 2025 monthly Jan 1986 - Jan 2025
Finland (% Point) 6.7 Jan 2025 monthly Jan 1994 - Jan 2025
France (% Point) -3.0 Jan 2025 monthly Jan 1986 - Jan 2025
Georgia (% Point) 2.2 Mar 2025 quarterly Dec 2014 - Mar 2025
Germany (% Point) -9.8 Jan 2025 monthly Jan 1992 - Jan 2025
Ghana (%) 14.4 Aug 2024 monthly Dec 2013 - Aug 2024
Greece (% Point) 7.4 Jan 2025 monthly Jan 1986 - Jan 2025
Hong Kong SAR, China (% Point) -11.0 Mar 2025 quarterly Mar 2009 - Mar 2025
Hungary (% Point) -6.4 Jan 2025 monthly Jan 1997 - Jan 2025
Iceland (% Point) 98.4 Dec 2024 quarterly Dec 2003 - Dec 2024
India (% Point) -10.3 Mar 2025 quarterly Jun 2001 - Mar 2025
Indonesia (% Point) -1.7 Mar 2025 quarterly Mar 2011 - Mar 2025
Israel (% Point) 17.3 Jan 2025 monthly Jan 2016 - Jan 2025
Italy (% Point) -1.3 Jan 2025 monthly Jan 1986 - Jan 2025
Japan (% Point) 3.0 Mar 2025 quarterly Mar 2001 - Mar 2025
Kazakhstan (% Point) 3.0 Mar 2024 quarterly Mar 2009 - Mar 2024
South Korea (% Point) -6.0 Feb 2025 monthly Feb 2004 - Feb 2025
Latvia (% Point) -6.9 May 2023 monthly Apr 1994 - May 2023
Lithuania (% Point) 7.8 Nov 2024 monthly Apr 2004 - Nov 2024
Luxembourg (% Point) 1.1 Jan 2025 monthly Jan 1986 - Jan 2025
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 25.2 Sep 2024 quarterly Mar 2004 - Sep 2024
Malta (% Point) -13.0 Jan 2025 monthly Nov 2003 - Jan 2025
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) -4.1 Nov 2024 monthly Jan 2005 - Nov 2024
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) 2.8 Jan 2025 monthly Jan 1986 - Jan 2025
New Zealand (% Point) -7.4 May 2023 monthly Aug 2003 - May 2023
Nigeria (% Point) 4.4 Nov 2024 monthly Jul 2015 - Nov 2024
Norway (% Point) 0.1 Jan 2025 monthly Feb 2005 - Jan 2025
Palestinian Territory (% Point) 4.1 Dec 2024 monthly Apr 2014 - Dec 2024
Peru (% Point) 17.5 Jan 2025 monthly Apr 2003 - Jan 2025
Philippines (% Point) -1.9 Dec 2024 quarterly Jun 2002 - Dec 2024
Poland (% Point) -2.7 May 2023 monthly Jul 2006 - May 2023
Portugal (% Point) 2.7 Jan 2025 monthly Jan 1988 - Jan 2025
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) -2.1 Jan 2025 monthly Jul 1992 - Jan 2025
Russia (% Point) -1.0 Dec 2024 monthly Jan 2006 - Dec 2024
Serbia (% Point) -0.7 Jan 2025 monthly May 2014 - Jan 2025
Singapore (% Point) 0.4 Jan 2025 monthly Jan 2000 - Jan 2025
Slovakia (% Point) 7.3 Jan 2025 monthly Jan 1994 - Jan 2025
Slovenia (% Point) 0.4 Jan 2025 monthly May 1996 - Jan 2025
South Africa (% Point) -7.8 Dec 2024 monthly Sep 2000 - Dec 2024
Spain (% Point) -0.4 Jan 2025 monthly Jan 1994 - Jan 2025
Sri Lanka (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Sweden (% Point) 11.4 Jan 2025 monthly Jan 2002 - Jan 2025
Switzerland (% Point) 9.0 Jan 2025 monthly Jan 1996 - Jan 2025
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) 1.0 Jan 2025 monthly Feb 2000 - Jan 2025
Turkey (% Point) -0.3 Jan 2025 monthly Jan 2008 - Jan 2025
Ukraine (% Point) 1.7 Jun 2024 quarterly Sep 2013 - Jun 2024
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) 4.0 Jan 2025 monthly Jan 1949 - Jan 2025
Uruguay (% Point) -6.9 Oct 2024 monthly Oct 1999 - Oct 2024

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Ghana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.5 Jun 2024 quarterly Dec 2008 - Jun 2024
Consolidated Fiscal Balance (USD mn) -305.529 Jun 2024 monthly Jan 2008 - Jun 2024
Tax Revenue (USD mn) 776.284 Jun 2024 monthly Jan 2008 - Jun 2024
Tax Revenue: % of GDP (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Government Debt: % of GDP (%) 72.3 2023 yearly 2006 - 2023
Forecast: Government Expenditure (GHS bn) 408.854 2029 yearly 1980 - 2029
Forecast: Government Net Debt (GHS bn) 1,296.452 2029 yearly 1990 - 2029
Forecast: Government Revenue (GHS bn) 349.498 2029 yearly 1982 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.394 2028 yearly 1980 - 2028
Trade Balance (USD mn) 542.1 Oct 2024 monthly Mar 2005 - Oct 2024
Total Exports (USD mn) 1,842.1 Oct 2024 monthly Jan 2010 - Oct 2024
Total Exports Growth (%) 19.0 Oct 2024 monthly Jan 2011 - Oct 2024
Aluminum: Exports (USD th) 103,616.725 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 11,448.519 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 382.361 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,300.0 Oct 2024 monthly Mar 2005 - Oct 2024
Total Imports Growth (%) 2.3 Oct 2024 monthly Mar 2006 - Oct 2024
Imports: Medicament (USD th) 158,976.676 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 83,941.840 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 40.580 Oct 2024 monthly Feb 1985 - Oct 2024
Total Imports from USA (USD mn) 98.074 Oct 2024 monthly Jun 1995 - Oct 2024
Total Exports to China (USD mn) 129.865 Oct 2024 monthly May 1995 - Oct 2024
Total Imports from China (USD mn) 388.099 Oct 2024 monthly Jun 1986 - Oct 2024
Export Volume Index (2015=100) 97.296 2021 yearly 1980 - 2021
Import Value Index (2015=100) 101.215 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 84.815 2021 yearly 1980 - 2021
Export Value Index (2015=100) 142.693 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -4.7 Mar 2024 quarterly Mar 2011 - Mar 2024
Current Account Balance (USD mn) 998.5 Jun 2024 quarterly Mar 2005 - Jun 2024
Current Account Balance: % of GDP (%) 5.6 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (USD mn) 380.3 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Direct Investment: % of GDP (%) 1.8 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Portfolio Investment (USD mn) -308.059 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) 0.0 Mar 2024 quarterly Mar 2011 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -9.3 2023 yearly 1975 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 13.739 Mar 2024 quarterly Mar 2011 - Mar 2024
External Debt (USD mn) 27,908.7 Oct 2024 monthly Jan 2012 - Oct 2024
External Debt: % of GDP (%) 39.5 2023 yearly 1999 - 2023
Forecast: Current Account Balance (USD bn) -2.128 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -23,941.736 2023 yearly 2006 - 2023
BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 26.798 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Portfolio Investment: Assets (USD mn) -63.908 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Assets (USD mn) 138.453 Mar 2024 quarterly Mar 2021 - Mar 2024
BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liabilit... (USD mn) 111.654 Mar 2024 quarterly Mar 2021 - Mar 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 24.3 Aug 2024 monthly Dec 2005 - Aug 2024
Non-Performing Loans (USD mn) 1,397.674 Jun 2024 quarterly Mar 2008 - Jun 2024
Money Supply M1 (USD mn) 9,768.702 Sep 2024 quarterly Mar 1990 - Sep 2024
Money Supply M2 (USD mn) 14,509.715 Sep 2024 quarterly Mar 1990 - Sep 2024
M2 Growth (%) 44.5 Sep 2024 quarterly Mar 1991 - Sep 2024
Foreign Exchange Reserves (USD mn) 3,368.9 Jan 2024 monthly Jan 1965 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 3.820 Dec 2023 quarterly Dec 2006 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 2.4 Jan 2024 monthly Mar 2005 - Jan 2024
Gold Reserves (Metric Ton) 1,000.000 2024 yearly 2008 - 2024
Total Deposits (USD mn) 16,798.963 Oct 2024 monthly Jan 1999 - Oct 2024
Total Deposits Growth (%) 38.9 Oct 2024 monthly Jan 2000 - Oct 2024
Domestic Credit (USD mn) 18,658.7 Nov 2024 monthly Jan 1967 - Nov 2024
Domestic Credit Growth (%) 18.8 Nov 2024 monthly Jan 1968 - Nov 2024
Total Loans (USD mn) 5,796.138 Oct 2024 monthly Jan 1999 - Oct 2024
Total Loans Growth (%) 28.50 Oct 2024 monthly Jan 2000 - Oct 2024
Private Debt: % of Nominal GDP (%) 8.99 Sep 2024 quarterly Dec 2006 - Sep 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 14.4 Aug 2024 monthly Dec 2013 - Aug 2024

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