Ghana Trade Balance
2005 - 2024 | Monthly | USD mn | CEIC Data
Key information about Ghana's Trade Balance
- Ghana's Trade Balance recorded a surplus of 659.7 USD mn in Aug 2024, compared with a surplus of 260.8 USD mn in the previous month
- Ghana's Trade Balance data is updated monthly, available from Mar 2005 to Aug 2024, with an averaged value of -152.3 USD mn
- The data reached an all-time high of 659.7 USD mn in Aug 2024 and a record low of -733.1 USD mn in Oct 2013
Further information about Ghana's Trade Balance
- In the latest reports, Ghana's Total Exports reached 1.9 USD bn in Aug 2024, an increase of 5.9% YoY (year-on-year)
- Total Imports recorded 1.2 USD bn in Aug 2024, an increase of 5.9% YoY (year-on-year)
View Ghana's Trade Balance from Mar 2005 to Aug 2024 in the chart:
What was Ghana's Trade Balance in Aug 2024?
Ghana's Trade Balance recorded a surplus of 659.7 USD mn in Aug 2024, compared with a surplus of 260.8 USD mn in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 659.7 Aug 2024 | 260.8 Jul 2024 | -733.1 Oct 2013 | 659.7 Aug 2024 | USD mn | monthly | Mar 2005 - Aug 2024 |
Trade Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -452.9 Sep 2024 | monthly | Oct 1998 - Sep 2024 |
| Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Argentina (USD mn) | 992.1 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
| Armenia (USD mn) | -223.7 Sep 2024 | monthly | Nov 1995 - Sep 2024 |
| Australia (USD mn) | 3,119.6 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
| Austria (USD mn) | 525.7 Jun 2024 | monthly | Jan 1957 - Jun 2024 |
| Azerbaijan (USD mn) | -255.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Bahrain (USD mn) | 4,501.7 2023 | yearly | 1966 - 2023 |
| Bangladesh (USD mn) | -1,707.2 Aug 2024 | monthly | Jul 1986 - Aug 2024 |
| Belarus (USD mn) | 258.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Belgium (USD mn) | 1,658.0 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Bolivia (USD mn) | 47.9 Aug 2024 | monthly | Oct 1994 - Aug 2024 |
| Bosnia and Herzegovina (USD mn) | -529.9 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Botswana (USD mn) | -427.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Brazil (USD mn) | 4,342.8 Oct 2024 | monthly | Jan 1959 - Oct 2024 |
| Brunei (USD mn) | 376.2 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
| Bulgaria (USD mn) | -446.1 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
| Cambodia (USD mn) | 82.9 Sep 2024 | monthly | Jun 2013 - Sep 2024 |
| Canada (USD mn) | -933.3 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Chile (USD mn) | 1,816.0 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
| China (USD mn) | 95,718.8 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
| Colombia (USD mn) | -1,687.9 Aug 2024 | monthly | Jan 1958 - Aug 2024 |
| Croatia (USD mn) | -1,452.7 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
| Cyprus (USD mn) | -740.7 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
| Czech Republic (USD mn) | 3,296.4 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| Denmark (USD mn) | 4,118.0 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Ecuador (USD mn) | 428.6 Aug 2024 | monthly | Mar 1992 - Aug 2024 |
| Egypt (USD mn) | -4,885.0 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
| Estonia (USD mn) | -185.8 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| European Union (USD mn) | 8,744.1 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Finland (USD mn) | 322.0 Sep 2024 | monthly | Jan 1992 - Sep 2024 |
| France (USD mn) | -8,122.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Georgia (USD mn) | -707.9 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Germany (USD mn) | 18,832.4 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Ghana (USD mn) | 659.7 Aug 2024 | monthly | Mar 2005 - Aug 2024 |
| Greece (USD mn) | -2,936.2 Jul 2024 | monthly | Jan 2002 - Jul 2024 |
| Hong Kong SAR, China (USD mn) | -6,828.9 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Hungary (USD mn) | 487.8 Aug 2024 | monthly | Jan 1976 - Aug 2024 |
| Iceland (USD mn) | -361.4 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
| India (USD mn) | -20,780.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Indonesia (USD mn) | 3,257.0 Sep 2024 | monthly | Jan 1967 - Sep 2024 |
| Iran (USD mn) | 32,176.0 2023 | yearly | 1948 - 2023 |
| Ireland (USD mn) | 6,101.1 Aug 2024 | monthly | Jan 1970 - Aug 2024 |
| Israel (USD mn) | -2,763.4 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Italy (USD mn) | 4,479.6 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Ivory Coast (USD mn) | -138.9 Jul 2024 | monthly | Jan 1981 - Jul 2024 |
| Japan (USD mn) | -1,309.8 Sep 2024 | monthly | Apr 1995 - Sep 2024 |
| Jordan (USD mn) | -1,203.4 Aug 2024 | monthly | Jan 1972 - Aug 2024 |
| Kazakhstan (USD mn) | 2,120.7 Aug 2024 | monthly | Sep 1995 - Aug 2024 |
| Kenya (USD mn) | -1,029.6 Aug 2024 | monthly | Oct 1992 - Aug 2024 |
| South Korea (USD mn) | 3,167.0 Oct 2024 | monthly | Jan 1966 - Oct 2024 |
| Kosovo (USD mn) | -476.8 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Kuwait (USD mn) | 3,536.5 Jun 2024 | monthly | Jan 1993 - Jun 2024 |
| Kyrgyzstan (USD mn) | -459.6 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Laos (USD mn) | -71.8 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
| Latvia (USD mn) | -369.9 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
| Lebanon (USD mn) | -1,062.6 Dec 2023 | monthly | Jan 1993 - Dec 2023 |
| Lithuania (USD mn) | -498.1 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Luxembourg (USD mn) | -835.8 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
| Macau SAR, China (USD mn) | -1,153.0 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| North Macedonia (USD mn) | -213.7 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
| Malawi (USD mn) | -194.6 Mar 2024 | monthly | Jan 1964 - Mar 2024 |
| Malaysia (USD mn) | 1,253.2 Sep 2024 | monthly | Jan 1990 - Sep 2024 |
| Malta (USD mn) | -399.1 Aug 2024 | monthly | Jan 1960 - Aug 2024 |
| Mauritius (USD mn) | -411.8 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Mexico (USD mn) | -167.5 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Moldova (USD mn) | -503.5 Jul 2024 | monthly | Jan 1992 - Jul 2024 |
| Mongolia (USD mn) | 47.2 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Montenegro (USD mn) | -317.1 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Morocco (USD mn) | -2,651.3 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Mozambique (USD mn) | 106.5 Jun 2024 | monthly | Jan 2011 - Jun 2024 |
| Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Nepal (USD mn) | -903.3 Sep 2024 | monthly | Aug 1974 - Sep 2024 |
| Netherlands (USD mn) | 15,685.5 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| New Zealand (USD mn) | -1,312.0 Sep 2024 | monthly | Jan 1960 - Sep 2024 |
| Nigeria (USD mn) | 2,786.0 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Norway (USD mn) | 4,024.9 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Oman (USD mn) | 1,667.1 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
| Pakistan (USD mn) | -1,498.0 Oct 2024 | monthly | Jan 1968 - Oct 2024 |
| Palestinian Territory (USD mn) | -501.3 Aug 2024 | monthly | Jan 2011 - Aug 2024 |
| Panama (USD mn) | -1,137.9 Aug 2024 | monthly | Jan 1964 - Aug 2024 |
| Paraguay (USD mn) | -96.1 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Peru (USD mn) | 1,811.9 Aug 2024 | monthly | Jan 1985 - Aug 2024 |
| Philippines (USD mn) | -5,087.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Poland (USD mn) | -1,745.1 Aug 2024 | monthly | Jan 1986 - Aug 2024 |
| Portugal (USD mn) | -2,909.7 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
| Qatar (USD mn) | 5,531.0 Jul 2024 | monthly | Jan 2014 - Jul 2024 |
| Romania (USD mn) | -3,174.6 Aug 2024 | monthly | Aug 1990 - Aug 2024 |
| Russia (USD mn) | 12,138.2 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Saudi Arabia (USD mn) | 113,078.6 2023 | yearly | 1957 - 2023 |
| Serbia (USD mn) | -908.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Singapore (USD mn) | 4,065.3 Sep 2024 | monthly | Jan 1976 - Sep 2024 |
| Slovakia (USD mn) | 155.3 Aug 2024 | monthly | Jan 2004 - Aug 2024 |
| Slovenia (USD mn) | -374.3 Sep 2024 | monthly | Nov 1991 - Sep 2024 |
| South Africa (USD mn) | 312.1 Aug 2024 | monthly | Oct 2004 - Aug 2024 |
| Spain (USD mn) | -3,511.9 Aug 2024 | monthly | Sep 1974 - Aug 2024 |
| Sri Lanka (USD mn) | -634.0 Sep 2024 | monthly | Jan 1982 - Sep 2024 |
| Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
| Sweden (USD mn) | 78.2 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Switzerland (USD mn) | 5,262.3 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
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
| 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 |
| 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 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| 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 |
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.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.