Services, Debit/Expenditure in Ghana
Ghana: Services, Debit/Expenditure was 11.49 billion in 2024. ◆ Volatile
Services, Debit/Expenditure in Ghana, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Ghana stood at 11.49 billion.
The figure is up 3.1% on the previous year and up 147.4% over ten years.
Over the whole period, services, debit/expenditure in Ghana peaked at 13.50 billion in 2019 and was at its lowest, 1.27 billion, in 2005.
That places Ghana 65th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, Debit/Expenditure in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.27 billion | — |
| 2006 | 1.53 billion | +20.4% |
| 2007 | 2.00 billion | +30.4% |
| 2008 | 2.30 billion | +15.0% |
| 2009 | 2.94 billion | +28.1% |
| 2010 | 3.00 billion | +2.0% |
| 2011 | 3.67 billion | +22.1% |
| 2012 | 4.24 billion | +15.5% |
| 2013 | 4.90 billion | +15.6% |
| 2014 | 4.65 billion | -5.1% |
| 2015 | 7.31 billion | +57.3% |
| 2016 | 7.63 billion | +4.3% |
| 2017 | 9.47 billion | +24.2% |
| 2018 | 10.09 billion | +6.5% |
| 2019 | 13.50 billion | +33.8% |
| 2020 | 12.12 billion | -10.2% |
| 2021 | 11.46 billion | -5.5% |
| 2022 | 10.91 billion | -4.7% |
| 2023 | 11.15 billion | +2.2% |
| 2024 | 11.49 billion | +3.1% |
Ghana compared with similar countries
- Ghana's 11.49 billion is above the median for lower middle income countries, which is 2.37 billion, 4.8× the median. (46 countries reporting)
- Ghana's 11.49 billion is above the median for Sub-Saharan Africa, which is 1.66 billion, 6.9× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.01 billion | 1.27 billion | 2.94 billion | 5 |
| 2010s | 6.84 billion | 3.00 billion | 13.50 billion | 10 |
| 2020s | 11.43 billion | 10.91 billion | 12.12 billion | 5 |
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 services, debit/expenditure in Ghana?
- Services, debit/expenditure in Ghana was 11.49 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Ghana?
- The highest recorded value was 13.50 billion in 2019.
- What is the lowest services, debit/expenditure recorded in Ghana?
- The lowest recorded value was 1.27 billion in 2005.
- How does Ghana rank for services, debit/expenditure?
- Ghana ranks 65th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Ghana?
- Over the last ten years it is up 147.4%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.