Total current account debit/expenditure, Debit/Expenditure in Ghana
Ghana: Total current account debit/expenditure, Debit/Expenditure was 34.35 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Ghana, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account debit/expenditure, debit/expenditure in Ghana stood at 34.35 billion. That is the highest value across all 20 years on record.
The figure is up 10.1% on the previous year and up 62.9% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Ghana peaked at 34.35 billion in 2024 and was at its lowest, 6.85 billion, in 2005.
Ghana ranks 83rd of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 6.85 billion | — |
| 2006 | 8.49 billion | +23.9% |
| 2007 | 10.51 billion | +23.8% |
| 2008 | 12.70 billion | +20.8% |
| 2009 | 11.71 billion | -7.8% |
| 2010 | 14.56 billion | +24.3% |
| 2011 | 20.79 billion | +42.8% |
| 2012 | 24.19 billion | +16.4% |
| 2013 | 24.14 billion | -0.2% |
| 2014 | 21.08 billion | -12.7% |
| 2015 | 24.89 billion | +18.0% |
| 2016 | 23.55 billion | -5.4% |
| 2017 | 26.29 billion | +11.6% |
| 2018 | 28.70 billion | +9.2% |
| 2019 | 32.01 billion | +11.5% |
| 2020 | 29.41 billion | -8.1% |
| 2021 | 31.17 billion | +6.0% |
| 2022 | 32.55 billion | +4.4% |
| 2023 | 31.19 billion | -4.2% |
| 2024 | 34.35 billion | +10.1% |
Ghana compared with similar countries
- Ghana's 34.35 billion is above the median for lower middle income countries, which is 12.89 billion, 2.7× the median. (46 countries reporting)
- Ghana's 34.35 billion is above the median for Sub-Saharan Africa, which is 8.29 billion, 4.1× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.05 billion | 6.85 billion | 12.70 billion | 5 |
| 2010s | 24.02 billion | 14.56 billion | 32.01 billion | 10 |
| 2020s | 31.73 billion | 29.41 billion | 34.35 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 total current account debit/expenditure, debit/expenditure in Ghana?
- Total current account debit/expenditure, debit/expenditure in Ghana was 34.35 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Ghana?
- The highest recorded value was 34.35 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Ghana?
- The lowest recorded value was 6.85 billion in 2005.
- How does Ghana rank for total current account debit/expenditure, debit/expenditure?
- Ghana ranks 83rd out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Ghana?
- Over the last ten years it is up 62.9%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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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.