Ghana Current Account Balance

2005 - 2024 | Quarterly | USD mn | CEIC Data

Key information about Ghana Current Account Balance

  • Ghana Current Account recorded a surplus of 998.5 USD mn in Jun 2024, compared with a surplus of 280.3 USD mn in the previous quarter.
  • Ghana Current Account Balance: USD mn data is updated quarterly, available from Mar 2005 to Jun 2024, with an averaged value of -662.6 USD mn.
  • The data reached an all-time high of 998.5 USD mn in Jun 2024 and a record low of -2.2 USD bn in Sep 2013.
  • The Bank of Ghana provides quarterly Current Account Balance in USD.
  • Foreign Direct Investment (FDI) increased by 380.3 USD mn in Mar 2024.
  • Ghana Direct Investment Abroad fell by 4.7 USD mn in Mar 2024.
  • Its Foreign Portfolio Investment fell by 308.1 USD mn in Dec 2021.
  • The country's Nominal GDP was reported at 17.9 USD bn in Jun 2024.

View Ghana's Current Account Balance from Mar 2005 to Jun 2024 in the chart:

Ghana Current Account Balance

What was Ghana's Current Account Balance in Jun 2024?

Ghana Current Account recorded a surplus of 998.5 USD mn in Jun 2024, compared with a surplus of 280.3 USD mn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
998.5 Jun 2024 280.3 Mar 2024 -2,226.1 Sep 2013 998.5 Jun 2024 USD mn quarterly Mar 2005 - Jun 2024

Current Account Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -145.1 Mar 2023 quarterly Mar 1993 - Mar 2023
Algeria (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 3,490.2 Jun 2024 quarterly Mar 1976 - Jun 2024
Armenia (USD mn) -168.6 Jun 2024 quarterly Mar 1993 - Jun 2024
Australia (USD mn) -7,068.6 Jun 2024 quarterly Sep 1959 - Jun 2024
Austria (USD mn) 5,171.8 Mar 2023 quarterly Mar 1970 - Mar 2023
Azerbaijan (USD mn) 895.5 Jun 2024 quarterly Mar 2013 - Jun 2024
Bahrain (USD mn) 671.7 Jun 2024 quarterly Mar 2018 - Jun 2024
Bangladesh (USD mn) -188.8 Jul 2024 monthly Jul 1997 - Jul 2024
Belarus (USD mn) -1,726.9 Mar 2023 quarterly Mar 1996 - Mar 2023
Belgium (USD mn) -1,705.2 Dec 2022 monthly Jan 1995 - Dec 2022
Bolivia (USD mn) 39.0 Jun 2024 quarterly Mar 1988 - Jun 2024
Bosnia and Herzegovina (USD mn) -271.0 Jun 2024 quarterly Mar 2001 - Jun 2024
Botswana (USD mn) -44.3 Dec 2022 quarterly Mar 2004 - Dec 2022
Brazil (USD mn) -6,525.5 Sep 2024 monthly Jan 1995 - Sep 2024
Brunei (USD mn) -615.1 Dec 2020 quarterly Mar 2001 - Dec 2020
Bulgaria (USD mn) 351.4 Apr 2023 monthly Jan 1996 - Apr 2023
Cambodia (USD mn) -574.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Canada (USD mn) -4,560.8 Mar 2023 quarterly Mar 1957 - Mar 2023
Chile (USD mn) -1,816.9 Jun 2024 quarterly Mar 2003 - Jun 2024
China (USD mn) 54,525.3 Jun 2024 quarterly Mar 1998 - Jun 2024
Colombia (USD mn) -1,630.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Croatia (USD mn) -1,465.3 Dec 2022 quarterly Mar 1993 - Dec 2022
Cyprus (USD mn) -178.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Czech Republic (USD mn) 782.0 Apr 2023 monthly Jan 2003 - Apr 2023
Denmark (USD mn) 5,296.0 Apr 2023 monthly Jan 2005 - Apr 2023
Ecuador (USD mn) 2,407.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Egypt (USD mn) -3,711.1 Jun 2024 quarterly Dec 1993 - Jun 2024
Estonia (USD mn) 94.3 Apr 2023 monthly Jan 1999 - Apr 2023
European Union (USD mn) 135,819.1 Jun 2024 quarterly Mar 1999 - Jun 2024
Finland (USD mn) -1,912.9 Apr 2023 monthly Jan 1980 - Apr 2023
France (USD mn) -706.4 Aug 2024 monthly Jan 1999 - Aug 2024
Georgia (USD mn) -200.5 Mar 2023 quarterly Mar 1995 - Mar 2023
Germany (USD mn) 20,552.3 Aug 2024 monthly Jan 1991 - Aug 2024
Ghana (USD mn) 998.5 Jun 2024 quarterly Mar 2005 - Jun 2024
Greece (USD mn) 717.7 Aug 2024 monthly Jan 2000 - Aug 2024
Hong Kong SAR, China (USD mn) 12,924.5 Jun 2024 quarterly Mar 1999 - Jun 2024
Hungary (USD mn) 2,080.3 Jun 2024 quarterly Dec 1989 - Jun 2024
Iceland (USD mn) -71.2 Mar 2023 quarterly Mar 1976 - Mar 2023
India (USD mn) -9,739.2 Jun 2024 quarterly Jun 1949 - Jun 2024
Indonesia (USD mn) -2,150.2 Sep 2024 quarterly Mar 1981 - Sep 2024
Iran (USD mn) 14,204.8 2023 yearly 1997 - 2023
Ireland (USD mn) 14,845.9 Mar 2023 quarterly Mar 1981 - Mar 2023
Israel (USD mn) 4,962.6 Jun 2024 quarterly Mar 1992 - Jun 2024
Italy (USD mn) -1,662.6 Apr 2023 monthly Jan 1970 - Apr 2023
Ivory Coast (USD mn) -4,378.2 2023 yearly 1975 - 2023
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (USD mn) -1,007.6 Mar 2023 quarterly Mar 1977 - Mar 2023
Kazakhstan (USD mn) -662.8 Jun 2024 quarterly Dec 1997 - Jun 2024
Kenya (USD mn) -266.0 Jun 2024 monthly Jan 2002 - Jun 2024
South Korea (USD mn) 8,186.7 Sep 2024 monthly Jan 1980 - Sep 2024
Kosovo (USD mn) -400.8 Jun 2024 quarterly Mar 2009 - Jun 2024
Kuwait (USD mn) 11,086.1 Mar 2024 quarterly Mar 2012 - Mar 2024
Kyrgyzstan (USD mn) -1,294.6 Dec 2022 quarterly Mar 1993 - Dec 2022
Laos (USD mn) -172.6 Jun 2024 quarterly Mar 1994 - Jun 2024
Latvia (USD mn) 23.0 Apr 2023 monthly Jan 2000 - Apr 2023
Lebanon (USD mn) -227.4 Dec 2023 monthly Jan 2002 - Dec 2023
Lithuania (USD mn) 310.9 Aug 2024 monthly Jan 2001 - Aug 2024
Luxembourg (USD mn) 2,694.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Macau SAR, China (USD mn) 16,954.8 2023 yearly 2002 - 2023
North Macedonia (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Malawi (USD mn) -1,752.1 2021 yearly 1977 - 2021
Malaysia (USD mn) 635.1 Jun 2024 quarterly Mar 1999 - Jun 2024
Malta (USD mn) 437.6 Jun 2024 quarterly Mar 1995 - Jun 2024
Mauritius (USD mn) -183.0 Sep 2023 quarterly Mar 2017 - Sep 2023
Mexico (USD mn) -14,282.0 Mar 2023 quarterly Mar 1980 - Mar 2023
Moldova (USD mn) -697.9 Jun 2024 quarterly Mar 1994 - Jun 2024
Mongolia (USD mn) -524.3 Sep 2024 monthly Jan 2009 - Sep 2024
Montenegro (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Morocco (USD mn) -1,332.0 Jun 2024 quarterly Mar 2014 - Jun 2024
Mozambique (USD mn) -603.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Myanmar (USD mn) 295.8 Mar 2024 quarterly Mar 1976 - Mar 2024
Nepal (USD mn) 313.5 Jul 2024 quarterly Oct 2000 - Jul 2024
Netherlands (USD mn) 27,762.5 Mar 2023 quarterly Mar 1967 - Mar 2023
New Zealand (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Nigeria (USD mn) 5,142.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Norway (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Oman (USD mn) 2,637.2 2023 yearly 1974 - 2023
Pakistan (USD mn) -62.0 Jun 2024 quarterly Mar 1976 - Jun 2024
Palestinian Territory (USD mn) -801.1 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Paraguay (USD mn) 37.7 Jun 2024 quarterly Mar 2008 - Jun 2024
Peru (USD mn) 1,684.6 Jun 2024 quarterly Mar 1977 - Jun 2024
Philippines (USD mn) -368.4 Mar 2024 monthly Jan 1999 - Mar 2024
Poland (USD mn) -3,111.0 Aug 2024 monthly Jan 2000 - Aug 2024
Portugal (USD mn) -33.0 Aug 2024 monthly Jan 1996 - Aug 2024
Qatar (USD mn) 11,023.4 Jun 2024 quarterly Mar 2011 - Jun 2024
Romania (USD mn) -3,110.9 Aug 2024 monthly Jun 2002 - Aug 2024
Russia (USD mn) 7,000.0 Sep 2024 monthly Jan 2012 - Sep 2024
Saudi Arabia (USD mn) 4,324.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Serbia (USD mn) -605.3 Aug 2024 monthly Jan 2013 - Aug 2024
Singapore (USD mn) 25,549.4 Jun 2024 quarterly Mar 1986 - Jun 2024
Slovakia (USD mn) -277.0 Aug 2024 monthly Jan 1997 - Aug 2024
Slovenia (USD mn) 359.8 Apr 2023 monthly Jan 1994 - Apr 2023
South Africa (USD mn) -932.5 Mar 2023 quarterly Mar 1960 - Mar 2023
Spain (USD mn) 6,198.7 Aug 2024 monthly Jan 1990 - Aug 2024
Sri Lanka (USD mn) 414.9 Jun 2024 quarterly Mar 1977 - Jun 2024
Sudan (USD mn) -1,752.8 Dec 2022 quarterly Mar 1977 - Dec 2022
Sweden (USD mn) 14,404.3 Jun 2024 quarterly Mar 1975 - Jun 2024
Switzerland (USD mn) 17,338.7 Mar 2023 quarterly Mar 1983 - Mar 2023

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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) 659.7 Aug 2024 monthly Mar 2005 - Aug 2024
Total Exports (USD mn) 1,890.3 Aug 2024 monthly Jan 2010 - Aug 2024
Total Exports Growth (%) 52.8 Aug 2024 monthly Jan 2011 - Aug 2024
Aluminum: Exports (USD th) 103,616.725 2023 yearly 1995 - 2023
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) 1,230.6 Aug 2024 monthly Mar 2005 - Aug 2024
Total Imports Growth (%) 5.9 Aug 2024 monthly Mar 2006 - Aug 2024
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) 45.264 Jul 2024 monthly Feb 1985 - Jul 2024
Total Imports from USA (USD mn) 78.783 Jul 2024 monthly Jun 1995 - Jul 2024
Total Exports to China (USD mn) 144.855 Jul 2024 monthly May 1995 - Jul 2024
Total Imports from China (USD mn) 311.759 Jul 2024 monthly Jun 1986 - Jul 2024
Export Volume Index (2015=100) 97.296 2021 yearly 1980 - 2021
Import Value Index (2015=100) 101.215 2021 yearly 1980 - 2021
Export Value Index (2015=100) 142.693 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 84.815 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 (%) 1.7 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) 31,566.3 Jul 2024 monthly Jan 2012 - Jul 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) -23,095.226 2022 yearly 2006 - 2022
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) 9,298.488 Jun 2024 quarterly Mar 1990 - Jun 2024
Money Supply M2 (USD mn) 13,953.808 Jun 2024 quarterly Mar 1990 - Jun 2024
M2 Growth (%) 35.6 Jun 2024 quarterly Mar 1991 - Jun 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 2023 yearly 2008 - 2023
Total Deposits (USD mn) 16,526.320 Aug 2024 monthly Jan 1999 - Aug 2024
Total Deposits Growth (%) 34.0 Aug 2024 monthly Jan 2000 - Aug 2024
Domestic Credit (USD mn) 18,587.4 Apr 2024 monthly Jan 1967 - Apr 2024
Domestic Credit Growth (%) -5.2 Apr 2024 monthly Jan 1968 - Apr 2024
Total Loans (USD mn) 5,706.251 Aug 2024 monthly Jan 1999 - Aug 2024
Total Loans Growth (%) 19.67 Aug 2024 monthly Jan 2000 - Aug 2024
Private Debt: % of Nominal GDP (%) 8.63 Mar 2024 quarterly Dec 2013 - Mar 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 14.4 Aug 2024 monthly Dec 2013 - Aug 2024

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