Ghana Business Confidence Growth

2013 - 2022 | Monthly | % | CEIC Data

Key information about Ghana Business Confidence Growth

  • Ghana Business Confidence dropped by 23.1 % in Dec 2022, compared with a decrease of 24.0 % YoY in the previous month.
  • Ghana Business Confidence: YoY Change is updated monthly, available from Dec 2013 to Dec 2022, with an averaged rate of -2.3 %.
  • The data reached an all-high of 25.5 % in Apr 2021 and a record low of -24.0 % in Oct 2022.

CEIC calculates Business Confidence Change from monthly Business Confidence Index. The Bank of Ghana provides Business Confidence Index with base April 2003=100.

View Ghana's Business Confidence Growth from Dec 2013 to Dec 2022 in the chart:

Ghana Business Confidence Growth

What was Ghana's Business Confidence Growth in Dec 2022?

Ghana Business Confidence dropped by 23.1 % in Dec 2022, compared with a decrease of 24.0 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-23.1 Dec 2022 -24.0 Oct 2022 -24.0 Oct 2022 25.5 Apr 2021 % monthly Dec 2013 - Dec 2022

Business Confidence Growth by Country Comparison

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Includes Business Confidence Growth on 72 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% Point) -9.5 Dec 2022 quarterly Jun 2017 - Dec 2022
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) -18.0 Feb 2023 monthly Jul 2013 - Feb 2023
Austria (% Point) -12.0 Feb 2023 monthly Jan 1986 - Feb 2023
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -15.1 Feb 2023 monthly Jan 1981 - Feb 2023
Brazil (% Point) -11.6 Feb 2023 monthly Jan 2010 - Feb 2023
Bulgaria (% Point) 1.2 Feb 2023 monthly Jan 1994 - Feb 2023
Canada (% Point) -24.6 Feb 2023 monthly Dec 2001 - Feb 2023
Chile (% Point) -26.6 Feb 2023 monthly Nov 2004 - Feb 2023
China (% Point) 4.8 Feb 2023 monthly Jan 2006 - Feb 2023
Colombia (% Point) 0.0 Jan 2023 monthly Jan 1981 - Jan 2023
Croatia (% Point) 4.2 Feb 2023 monthly May 2009 - Feb 2023
Cyprus (% Point) -11.6 Feb 2023 monthly May 2003 - Feb 2023
Czech Republic (% Point) -9.8 Feb 2023 monthly Mar 1994 - Feb 2023
Denmark (% Point) -13.0 Feb 2023 monthly Jan 1999 - Feb 2023
Ecuador (%) 9.8 Dec 2022 monthly May 2008 - Dec 2022
Estonia (% Point) -27.7 Feb 2023 monthly May 2002 - Feb 2023
European Union (% Point) -13.2 Feb 2023 monthly Jan 1986 - Feb 2023
Finland (% Point) -27.5 Feb 2023 monthly Jan 1994 - Feb 2023
France (% Point) -14.1 Feb 2023 monthly Jan 1986 - Feb 2023
Georgia (% Point) 17.0 Mar 2023 quarterly Dec 2014 - Mar 2023
Germany (% Point) -21.0 Feb 2023 monthly Jan 1992 - Feb 2023
Ghana (%) -23.1 Dec 2022 monthly Dec 2013 - Dec 2022
Greece (% Point) -5.3 Feb 2023 monthly Jan 1986 - Feb 2023
Hong Kong SAR, China (% Point) 5.0 Mar 2023 quarterly Mar 2009 - Mar 2023
Hungary (% Point) -11.2 Feb 2023 monthly Jan 1997 - Feb 2023
Iceland (% Point) -80.8 Dec 2022 quarterly Dec 2003 - Dec 2022
India (% Point) -4.9 Mar 2023 quarterly Jun 2001 - Mar 2023
Indonesia (% Point) 3.0 Mar 2023 quarterly Mar 2011 - Mar 2023
Israel (% Point) 4.9 Feb 2023 monthly Jan 2016 - Feb 2023
Italy (% Point) -9.4 Feb 2023 monthly Jan 1986 - Feb 2023
Japan (% Point) -6.0 Mar 2023 quarterly Mar 2001 - Mar 2023
Kazakhstan (% Point) 1.0 Dec 2022 quarterly Mar 2009 - Dec 2022
South Korea (% Point) -27.0 Mar 2023 monthly Feb 2004 - Mar 2023
Latvia (% Point) -8.7 Feb 2023 monthly Apr 1994 - Feb 2023
Lithuania (% Point) -19.9 Feb 2023 monthly Apr 2004 - Feb 2023
Luxembourg (% Point) -23.2 Feb 2023 monthly Jan 1986 - Feb 2023
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) -36.1 Dec 2022 quarterly Mar 2004 - Dec 2022
Malta (% Point) -28.3 Feb 2023 monthly Nov 2003 - Feb 2023
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) -0.7 Feb 2023 monthly Jan 2005 - Feb 2023
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) -4.8 Feb 2023 monthly Jan 1986 - Feb 2023
New Zealand (% Point) -2.1 Feb 2023 monthly Aug 2003 - Feb 2023
Nigeria (% Point) -3.4 Aug 2022 monthly Jul 2015 - Aug 2022
Norway (% Point) -18.3 Feb 2023 monthly Feb 2005 - Feb 2023
Palestinian Territory (% Point) 16.8 Feb 2023 monthly Apr 2014 - Feb 2023
Peru (% Point) -6.0 Feb 2023 monthly Apr 2003 - Feb 2023
Philippines (% Point) -26.1 Dec 2022 quarterly Jun 2002 - Dec 2022
Poland (% Point) -3.4 Feb 2023 monthly Jul 2006 - Feb 2023
Portugal (% Point) -5.5 Feb 2023 monthly Jan 1988 - Feb 2023
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) -0.8 Feb 2023 monthly Jul 1992 - Feb 2023
Russia (% Point) 1.0 Feb 2023 monthly Jan 2006 - Feb 2023
Serbia (% Point) -4.2 Feb 2023 monthly May 2014 - Feb 2023
Singapore (% Point) -0.4 Feb 2023 monthly Jan 2000 - Feb 2023
Slovakia (% Point) -6.7 Feb 2023 monthly Jan 1994 - Feb 2023
Slovenia (% Point) -14.8 Feb 2023 monthly May 1996 - Feb 2023
South Africa (% Point) -18.9 Feb 2023 monthly Sep 2000 - Feb 2023
Spain (% Point) -10.4 Jan 2023 monthly Jan 1994 - Jan 2023
Sri Lanka (% Point) -35.8 Jan 2023 monthly May 2016 - Jan 2023
Sweden (% Point) -21.2 Feb 2023 monthly Jan 2002 - Feb 2023
Switzerland (% Point) -27.6 Feb 2023 monthly Jan 1996 - Feb 2023
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) 5.6 Feb 2023 monthly Feb 2000 - Feb 2023
Turkey (% Point) -7.5 Feb 2023 monthly Jan 2008 - Feb 2023
Ukraine (% Point) -35.7 Sep 2022 quarterly Sep 2013 - Sep 2022
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) -21.4 Feb 2023 monthly Jan 1949 - Feb 2023
Uruguay (% Point) -7.2 Jan 2023 monthly Oct 1999 - Jan 2023

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Ghana Key Series

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Includes 118 key indicators for Ghana, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.9 Jun 2022 quarterly Dec 2008 - Jun 2022
Consolidated Fiscal Balance (USD mn) -522.282 Jun 2022 monthly Jan 2008 - Jun 2022
Tax Revenue (USD mn) 982.861 Jun 2022 monthly Jan 2008 - Jun 2022
Tax Revenue: % of GDP (%) 14.0 Jun 2022 quarterly Mar 2008 - Jun 2022
Government Debt: % of GDP (%) 80.1 2021 yearly 2006 - 2021
Forecast: Government Expenditure (GHS bn) 316.152 2027 yearly 1980 - 2027
Forecast: Government Net Debt (GHS bn) 1,154.240 2027 yearly 1990 - 2027
Forecast: Government Revenue (GHS bn) 198.173 2027 yearly 1982 - 2027
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 16.679 2027 yearly 1980 - 2027
Trade Balance (USD mn) 450.8 Dec 2022 monthly Mar 2005 - Dec 2022
Total Exports (USD mn) 1,557.8 Dec 2022 monthly Jan 2010 - Dec 2022
Total Exports Growth (%) 23.4 Dec 2022 monthly Jan 2011 - Dec 2022
Aluminum: Exports (USD th) 100,206.970 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 8,820.272 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 580.638 2021 yearly 1995 - 2021
Total Imports (USD mn) 1,107.0 Dec 2022 monthly Mar 2005 - Dec 2022
Total Imports Growth (%) -7.2 Dec 2022 monthly Mar 2006 - Dec 2022
Imports: Medicament (USD th) 204,264.184 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 63,866.838 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 43.389 Nov 2022 monthly Feb 1985 - Nov 2022
Total Imports from USA (USD mn) 125.034 Nov 2022 monthly Jun 1995 - Nov 2022
Total Exports to China (USD mn) 437.380 Nov 2022 monthly May 1995 - Nov 2022
Total Imports from China (USD mn) 178.259 Nov 2022 monthly Jun 1986 - Nov 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 7.1 Dec 2021 quarterly Mar 2011 - Dec 2021
Current Account Balance (USD mn) 209.0 Dec 2022 quarterly Mar 2005 - Dec 2022
Current Account Balance: % of GDP (%) -4.0 Sep 2022 quarterly Mar 2006 - Sep 2022
Foreign Direct Investment (USD mn) 524.3 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Direct Investment: % of GDP (%) 2.4 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Portfolio Investment (USD mn) -308.059 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -1.4 Dec 2021 quarterly Mar 2011 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 18.1 2010 yearly 1975 - 2010
Foreign Portfolio Investment: Debt Securities (USD mn) -308.059 Dec 2021 quarterly Mar 2011 - Dec 2021
External Debt (USD mn) 29,185.2 Nov 2022 monthly Jan 2012 - Nov 2022
External Debt: % of GDP (%) 35.9 2021 yearly 1999 - 2021
Forecast: Current Account Balance (USD bn) -3.249 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -23,540.367 2021 yearly 2006 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 14.8 Dec 2022 monthly Dec 2005 - Dec 2022
Non-Performing Loans (USD mn) 1,232.521 Jun 2022 quarterly Mar 2008 - Jun 2022
Money Supply M1 (USD mn) 10,317.652 Dec 2022 quarterly Mar 1990 - Dec 2022
Money Supply M2 (USD mn) 15,758.219 Dec 2022 quarterly Mar 1990 - Dec 2022
M2 Growth (%) 27.8 Dec 2022 quarterly Mar 1991 - Dec 2022
Foreign Exchange Reserves (USD mn) 5,867.6 Jun 2022 monthly Jan 1965 - Jun 2022
Foreign Exchange Reserves: % of GDP (%) 7.202 Jun 2022 quarterly Dec 2006 - Jun 2022
Foreign Exchange Reserves: Months of Import (NA) 4.3 Jun 2022 monthly Mar 2005 - Jun 2022
Gold Reserves (Metric Ton) 1,000.000 2022 yearly 2008 - 2022
Total Deposits (USD mn) 18,061.392 Dec 2022 monthly Dec 2004 - Dec 2022
Total Deposits Growth (%) 31.4 Dec 2022 monthly Dec 2005 - Dec 2022
Domestic Credit (USD mn) 25,837.8 May 2022 monthly Jan 1967 - May 2022
Domestic Credit Growth (%) 27.1 May 2022 monthly Jan 1968 - May 2022
Total Loans (USD mn) 8,162.339 Dec 2022 monthly Dec 2011 - Dec 2022
Total Loans Growth (%) 30.19 Dec 2022 monthly Dec 2012 - Dec 2022
Private Debt: % of Nominal GDP (%) 11.30 Sep 2022 quarterly Dec 2013 - Sep 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) -23.1 Dec 2022 monthly Dec 2013 - Dec 2022

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