Merchandise Terms of Trade in Ghana
Ghana: Merchandise Terms of Trade was 110.56 1987 = 100 in 2010. ◆ Volatile
Merchandise Terms of Trade in Ghana, 1979–2010
Source: World Bank country economists. Measured in 1987 = 100.
Analysis
Ghana recorded 110.56 1987 = 100 for merchandise terms of trade in 2010. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 203.0% over ten years.
Over the whole period, merchandise terms of trade in Ghana peaked at 110.56 1987 = 100 in 2010 and was at its lowest, 1.92 1987 = 100, in 1985.
Ghana ranks 20th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise Terms of Trade in Ghana, year by year
| Year | 1987 = 100 | Change |
|---|---|---|
| 1979 | 83.54 1987 = 100 | — |
| 1980 | 87.1 1987 = 100 | +4.3% |
| 1981 | 88.6 1987 = 100 | +1.7% |
| 1982 | 95.14 1987 = 100 | +7.4% |
| 1983 | 20.94 1987 = 100 | -78.0% |
| 1984 | 2.59 1987 = 100 | -87.6% |
| 1985 | 1.92 1987 = 100 | -26.0% |
| 1986 | 2.23 1987 = 100 | +16.3% |
| 1987 | 2.44 1987 = 100 | +9.1% |
| 1988 | 3.21 1987 = 100 | +31.7% |
| 1989 | 4.1 1987 = 100 | +27.8% |
| 1990 | 5.59 1987 = 100 | +36.3% |
| 1991 | 6.53 1987 = 100 | +16.8% |
| 1992 | 5.64 1987 = 100 | -13.5% |
| 1993 | 7.64 1987 = 100 | +35.4% |
| 1994 | 14.48 1987 = 100 | +89.5% |
| 1995 | 15.85 1987 = 100 | +9.4% |
| 1996 | 22.59 1987 = 100 | +42.5% |
| 1997 | 26.96 1987 = 100 | +19.4% |
| 1998 | 36.14 1987 = 100 | +34.0% |
| 1999 | 36.31 1987 = 100 | +0.5% |
| 2000 | 36.49 1987 = 100 | +0.5% |
| 2001 | 55.67 1987 = 100 | +52.5% |
| 2002 | 56.83 1987 = 100 | +2.1% |
| 2003 | 56.87 1987 = 100 | +0.1% |
| 2004 | 89.02 1987 = 100 | +56.5% |
| 2005 | 91.96 1987 = 100 | +3.3% |
| 2006 | 90.94 1987 = 100 | -1.1% |
| 2007 | 95.67 1987 = 100 | +5.2% |
| 2008 | 99.63 1987 = 100 | +4.1% |
| 2009 | 108 1987 = 100 | +8.4% |
| 2010 | 110.56 1987 = 100 | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 83.54 1987 = 100 | 83.54 1987 = 100 | 83.54 1987 = 100 | 1 |
| 1980s | 30.83 1987 = 100 | 1.92 1987 = 100 | 95.14 1987 = 100 | 10 |
| 1990s | 17.77 1987 = 100 | 5.59 1987 = 100 | 36.31 1987 = 100 | 10 |
| 2000s | 78.11 1987 = 100 | 36.49 1987 = 100 | 108 1987 = 100 | 10 |
| 2010s | 110.56 1987 = 100 | 110.56 1987 = 100 | 110.56 1987 = 100 | 1 |
Countries ranked near Ghana
More trade data for Ghana
- Commodity Net Export Price Index, Individual Commodities Weighted by 165.79 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.79 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 102.71 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 190.34 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.96 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 73.11 (2025)
- Imports of low carbon technology products, Percent of GDP 0.4631 (2023)
- Imports of low carbon technology products, US dollar (World), per 11.04 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0046 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 16.60 million (2023)
Frequently asked questions
- What is merchandise terms of trade in Ghana?
- Merchandise terms of trade in Ghana was 110.56 1987 = 100 in 2010, according to World Bank country economists.
- What is the highest merchandise terms of trade recorded in Ghana?
- The highest recorded value was 110.56 1987 = 100 in 2010.
- What is the lowest merchandise terms of trade recorded in Ghana?
- The lowest recorded value was 1.92 1987 = 100 in 1985.
- How does Ghana rank for merchandise terms of trade?
- Ghana ranks 20th out of 50 countries with data for 2010.
- Is merchandise terms of trade rising or falling in Ghana?
- Over the last ten years it is up 203.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from World Bank country economists, published as part of Merchandise Terms of Trade (1987 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net barter (merchandise) terms of trade (1987 = 100) are the ratio of the export price index to the corresponding import price index measured relative to the base year of 1987.