Ghana Trade Balance 1960-2024
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Ghana trade balance for 2023 was $-0.74B, a 25.79% increase from 2022.
- Ghana trade balance for 2022 was $-0.58B, a 71.69% decline from 2021.
- Ghana trade balance for 2021 was $-2.07B, a 16.33% decline from 2020.
- Ghana trade balance for 2020 was $-2.47B, a 87.61% increase from 2019.
Ghana Trade Balance - Historical Data |
Year |
Billions of US $ |
% of GDP |
2023 |
$-0.74B |
-0.96% |
2022 |
$-0.58B |
-0.79% |
2021 |
$-2.07B |
-2.60% |
2020 |
$-2.47B |
-3.52% |
2019 |
$-1.32B |
-1.93% |
2018 |
$-0.71B |
-1.05% |
2017 |
$-1.69B |
-2.79% |
2016 |
$-3.08B |
-5.49% |
2015 |
$-4.38B |
-8.86% |
2014 |
$-4.04B |
-7.37% |
2013 |
$-6.21B |
-9.88% |
2012 |
$-5.14B |
-12.45% |
2011 |
$-4.89B |
-12.42% |
2010 |
$-5.29B |
-16.42% |
2009 |
$-3.39B |
-13.01% |
2008 |
$-5.58B |
-19.46% |
2007 |
$-4.05B |
-16.30% |
2006 |
$-3.18B |
-15.21% |
2005 |
$-2.72B |
-25.27% |
2004 |
$-1.87B |
-21.06% |
2003 |
$-1.22B |
-15.93% |
2002 |
$-0.76B |
-12.26% |
2001 |
$-1.04B |
-19.58% |
2000 |
$-0.92B |
-18.44% |
1999 |
$-1.35B |
-17.55% |
1998 |
$-0.96B |
-12.86% |
1997 |
$-1.42B |
-20.58% |
1996 |
$-0.55B |
-7.98% |
1995 |
$-0.54B |
-8.43% |
1994 |
$-0.63B |
-11.50% |
1993 |
$-0.96B |
-16.16% |
1992 |
$-0.74B |
-11.54% |
1991 |
$-0.57B |
-8.56% |
1990 |
$-0.53B |
-8.97% |
1989 |
$-0.40B |
-7.60% |
1988 |
$-0.31B |
-5.88% |
1987 |
$-0.33B |
-6.52% |
1986 |
$-0.20B |
-3.56% |
1985 |
$-0.13B |
-2.93% |
1984 |
$-0.12B |
-2.73% |
1983 |
$-0.02B |
-0.43% |
1982 |
$0.01B |
0.36% |
1981 |
$-0.02B |
-0.57% |
1980 |
$-0.03B |
-0.69% |
1979 |
$0.00B |
0.07% |
1978 |
$-0.05B |
-1.33% |
1977 |
$-0.03B |
-1.05% |
1976 |
$-0.01B |
-0.34% |
1975 |
$0.03B |
0.93% |
1974 |
$-0.10B |
-3.48% |
1973 |
$0.15B |
5.06% |
1972 |
$0.12B |
5.51% |
1971 |
$-0.11B |
-4.48% |
1970 |
$-0.03B |
-1.37% |
1969 |
$-0.01B |
-0.60% |
1968 |
$-0.01B |
-0.47% |
1967 |
$-0.04B |
-2.53% |
1966 |
$-0.11B |
-5.01% |
1965 |
$-0.20B |
-9.62% |
1964 |
$-0.07B |
-3.96% |
1963 |
$-0.10B |
-6.27% |
1962 |
$-0.06B |
-4.26% |
1961 |
$-0.14B |
-10.32% |
1960 |
$-0.09B |
-7.25% |