Ghana Current Account Balance
2005 - 2020 | Quarterly | USD mn | CEIC Data
Ghana Current Account recorded a deficit of 709.3 USD mn in Sep 2020, compared with a deficit of 663.0 USD mn in the previous quarter. Ghana Current Account Balance: USD mn data is updated quarterly, available from Mar 2005 to Sep 2020, with an averaged value of -663.0 USD mn. The data reached an all-time high of 328.0 USD mn in Mar 2017 and a record low of -2.2 USD bn in Sep 2013. The Bank of Ghana provides quarterly Current Account Balance in USD. Foreign Direct Investment (FDI) increased by 838.4 USD mn in Dec 2019. Ghana Direct Investment Abroad expanded by 2.8 USD mn in Dec 2019. Its Foreign Portfolio Investment fell by 26.5 USD mn in Dec 2019. The country's Nominal GDP was reported at 17.8 USD bn in Dec 2020.
View Ghana's Current Account Balance from Mar 2005 to Sep 2020 in the chart:
What was Ghana's Current Account Balance in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -709.3 Sep 2020 | -663.0 Jun 2020 | -2,184.0 Sep 2013 | 328.0 Mar 2017 | USD mn | quarterly | Mar 2005 - Sep 2020 |
Current Account Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -372.6 Mar 2021 | quarterly | Mar 1993 - Mar 2021 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | 690.2 Mar 2021 | quarterly | Mar 1976 - Mar 2021 |
| Armenia (USD mn) | 51.7 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Australia (USD mn) | 15,759.1 Jun 2021 | quarterly | Sep 1959 - Jun 2021 |
| Austria (USD mn) | -977.8 Mar 2021 | quarterly | Mar 1970 - Mar 2021 |
| Azerbaijan (USD mn) | -19.3 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
| Bahrain (USD mn) | -663.4 Dec 2020 | quarterly | Mar 2018 - Dec 2020 |
| Bangladesh (USD mn) | -1,111.4 May 2021 | monthly | Jul 1997 - May 2021 |
| Belarus (USD mn) | -956.4 Mar 2021 | quarterly | Mar 1996 - Mar 2021 |
| Belgium (USD mn) | 1,580.6 Mar 2021 | monthly | Jan 1995 - Mar 2021 |
| Bolivia (USD mn) | 179.0 Mar 2021 | quarterly | Mar 1988 - Mar 2021 |
| Bosnia and Herzegovina (USD mn) | -70.2 Mar 2021 | quarterly | Mar 2001 - Mar 2021 |
| Botswana (USD mn) | 430.7 Mar 2021 | quarterly | Mar 2004 - Mar 2021 |
| Brazil (USD mn) | -1,584.1 Jul 2021 | monthly | Jan 1995 - Jul 2021 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | 175.2 Jun 2021 | monthly | Jan 1996 - Jun 2021 |
| Cambodia (USD mn) | -4,178.1 Mar 2021 | quarterly | Mar 1994 - Mar 2021 |
| Canada (USD mn) | 2,916.2 Jun 2021 | quarterly | Mar 1957 - Jun 2021 |
| Chile (USD mn) | 503.2 Dec 2020 | quarterly | Mar 2003 - Dec 2020 |
| China (USD mn) | 52,800.0 Jun 2021 | quarterly | Mar 1998 - Jun 2021 |
| Colombia (USD mn) | -4,635.6 Jun 2021 | quarterly | Mar 1996 - Jun 2021 |
| Croatia (USD mn) | -1,643.4 Mar 2021 | quarterly | Mar 1993 - Mar 2021 |
| Cyprus (USD mn) | -1,111.6 Mar 2021 | quarterly | Mar 2001 - Mar 2021 |
| Czech Republic (USD mn) | -607.5 Jun 2021 | monthly | Jan 2003 - Jun 2021 |
| Denmark (USD mn) | 3,033.8 Jul 2021 | monthly | Jan 2005 - Jul 2021 |
| Ecuador (USD mn) | 726.8 Mar 2021 | quarterly | Mar 1993 - Mar 2021 |
| Egypt (USD mn) | -4,849.3 Dec 2020 | quarterly | Dec 1993 - Dec 2020 |
| Estonia (USD mn) | -107.9 Jul 2021 | monthly | Jan 1999 - Jul 2021 |
| European Union (USD mn) | 95,054.0 Jun 2021 | quarterly | Mar 1999 - Jun 2021 |
| Finland (USD mn) | 660.8 Jul 2021 | monthly | Jan 1980 - Jul 2021 |
| France (USD mn) | -4,101.9 Jul 2021 | monthly | Jan 1999 - Jul 2021 |
| Georgia (USD mn) | -364.3 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| Germany (USD mn) | 28,928.8 Feb 2021 | monthly | Jan 1991 - Feb 2021 |
| Ghana (USD mn) | -709.3 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Greece (USD mn) | -1,611.9 Jun 2021 | monthly | Jan 2000 - Jun 2021 |
| Hong Kong SAR, China (USD mn) | 7,814.8 Mar 2021 | quarterly | Mar 1999 - Mar 2021 |
| Hungary (USD mn) | 701.5 Mar 2021 | quarterly | Dec 1989 - Mar 2021 |
| Iceland (USD mn) | -251.5 Jun 2021 | quarterly | Mar 1976 - Jun 2021 |
| India (USD mn) | -8,134.8 Mar 2021 | quarterly | Jun 1949 - Mar 2021 |
| Indonesia (USD mn) | -2,231.3 Jun 2021 | quarterly | Mar 1981 - Jun 2021 |
| Iran (USD mn) | -707.7 2021 | yearly | 1997 - 2021 |
| Ireland (USD mn) | 18,070.4 Jun 2021 | quarterly | Mar 1981 - Jun 2021 |
| Israel (USD mn) | 5,105.7 Dec 2020 | quarterly | Mar 1992 - Dec 2020 |
| Italy (USD mn) | 4,217.2 Jun 2021 | monthly | Jan 1970 - Jun 2021 |
| Ivory Coast (USD mn) | -1,348.7 2019 | yearly | 1975 - 2019 |
| Japan (USD mn) | 12,824.2 Jul 2021 | monthly | Jan 1996 - Jul 2021 |
| Jordan (USD mn) | -1,583.4 Mar 2021 | quarterly | Mar 1977 - Mar 2021 |
| Kazakhstan (USD mn) | -1,530.6 Dec 2020 | quarterly | Dec 1997 - Dec 2020 |
| Kenya (USD mn) | -415.0 Sep 2020 | monthly | Jan 2002 - Sep 2020 |
| South Korea (USD mn) | 9,261.4 Feb 2021 | monthly | Jan 1980 - Feb 2021 |
| Kosovo (USD mn) | -356.2 Jun 2021 | quarterly | Mar 2009 - Jun 2021 |
| Kuwait (USD mn) | 8,084.3 Sep 2020 | quarterly | Mar 2012 - Sep 2020 |
| Kyrgyzstan (USD mn) | -83.5 Mar 2021 | quarterly | Mar 1993 - Mar 2021 |
| Laos (USD mn) | -46.5 Jun 2021 | quarterly | Mar 1994 - Jun 2021 |
| Latvia (USD mn) | -278.3 Jun 2021 | monthly | Jan 2000 - Jun 2021 |
| Lebanon (USD mn) | -133.4 Sep 2020 | monthly | Jan 2002 - Sep 2020 |
| Lithuania (USD mn) | 116.6 Jun 2021 | monthly | Jan 2001 - Jun 2021 |
| Luxembourg (USD mn) | 424.6 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| Macau SAR, China (USD mn) | 2,966.6 2020 | yearly | 2002 - 2020 |
| North Macedonia (USD mn) | 1.5 Jun 2021 | monthly | Jan 2001 - Jun 2021 |
| Malawi (USD mn) | -1,220.2 2019 | yearly | 1977 - 2019 |
| Malaysia (USD mn) | 3,492.1 Jun 2021 | quarterly | Mar 1999 - Jun 2021 |
| Malta (USD mn) | -51.4 Mar 2021 | quarterly | Mar 1995 - Mar 2021 |
| Mauritius (USD mn) | -430.0 Mar 2021 | quarterly | Mar 2017 - Mar 2021 |
| Mexico (USD mn) | 6,286.1 Jun 2021 | quarterly | Mar 1980 - Jun 2021 |
| Moldova (USD mn) | -341.7 Mar 2021 | quarterly | Mar 1994 - Mar 2021 |
| Mongolia (USD mn) | -356.9 Jul 2021 | monthly | Jan 2009 - Jul 2021 |
| Montenegro (USD mn) | -297.5 Jun 2021 | quarterly | Mar 2004 - Jun 2021 |
| Morocco (USD mn) | -1,001.1 Mar 2021 | quarterly | Mar 2014 - Mar 2021 |
| Mozambique (USD mn) | -731.5 Dec 2020 | quarterly | Mar 1996 - Dec 2020 |
| Myanmar (USD mn) | -198.4 Sep 2020 | quarterly | Mar 1976 - Sep 2020 |
| Nepal (USD mn) | -1,069.0 Jul 2021 | quarterly | Oct 2002 - Jul 2021 |
| Netherlands (USD mn) | 27,258.2 Mar 2021 | quarterly | Mar 1967 - Mar 2021 |
| New Zealand (USD mn) | -3,612.5 Mar 2021 | quarterly | Jun 1971 - Mar 2021 |
| Nigeria (USD mn) | -3,337.9 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Norway (USD mn) | 11,135.4 Jun 2021 | quarterly | Mar 1981 - Jun 2021 |
| Oman (USD mn) | -8,660.6 2020 | yearly | 1974 - 2020 |
| Pakistan (USD mn) | -2,457.0 Jun 2021 | quarterly | Mar 1976 - Jun 2021 |
| Palestinian Territory (USD mn) | -291.8 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Panama (USD mn) | -225.2 Mar 2021 | quarterly | Mar 1998 - Mar 2021 |
| Paraguay (USD mn) | 209.8 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Peru (USD mn) | -2,103.9 Jun 2021 | quarterly | Mar 1977 - Jun 2021 |
| Philippines (USD mn) | -380.3 Mar 2021 | monthly | Jan 1999 - Mar 2021 |
| Poland (USD mn) | 336.0 Jun 2021 | monthly | Jan 2000 - Jun 2021 |
| Portugal (USD mn) | -285.3 Jun 2021 | monthly | Jan 1996 - Jun 2021 |
| Qatar (USD mn) | 75.8 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Romania (USD mn) | -1,867.4 Jun 2021 | monthly | Jun 2002 - Jun 2021 |
| Russia (USD mn) | 3,700.0 Mar 2021 | monthly | Jan 2012 - Mar 2021 |
| Saudi Arabia (USD mn) | 2,317.5 Dec 2020 | quarterly | Mar 2006 - Dec 2020 |
| Serbia (USD mn) | -58.7 Feb 2021 | monthly | Jan 2013 - Feb 2021 |
| Singapore (USD mn) | 19,243.0 Jun 2021 | quarterly | Mar 1986 - Jun 2021 |
| Slovakia (USD mn) | -42.2 Jun 2021 | monthly | Jan 1997 - Jun 2021 |
| Slovenia (USD mn) | 188.3 Jun 2021 | monthly | Jan 1994 - Jun 2021 |
| South Africa (USD mn) | 6,068.7 Jun 2021 | quarterly | Mar 1960 - Jun 2021 |
| Spain (USD mn) | 333.7 Jun 2021 | monthly | Jan 1990 - Jun 2021 |
| Sri Lanka (USD mn) | -630.3 Mar 2021 | quarterly | Mar 1977 - Mar 2021 |
| Sudan (USD mn) | 43.3 Mar 2021 | quarterly | Mar 1977 - Mar 2021 |
| Sweden (USD mn) | 9,541.7 Jun 2021 | quarterly | Mar 1975 - Jun 2021 |
| Switzerland (USD mn) | 17,604.7 Mar 2021 | quarterly | Mar 1983 - Mar 2021 |
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Includes 119 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 (%) | -6.6 Jun 2020 | quarterly | Dec 2008 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -1,074.460 Jun 2020 | monthly | Jan 2008 - Jun 2020 |
| Tax Revenue (USD mn) | 458.822 Jun 2020 | monthly | Jan 2008 - Jun 2020 |
| Tax Revenue: % of GDP (%) | 9.8 Jun 2020 | quarterly | Mar 2008 - Jun 2020 |
| Government Debt: % of GDP (%) | 76.1 2020 | yearly | 2006 - 2020 |
| Forecast: Government Expenditure (GHS bn) | 176.019 2026 | yearly | 1980 - 2026 |
| Forecast: Government Net Debt (GHS bn) | 680.561 2026 | yearly | 1990 - 2026 |
| Forecast: Government Revenue (GHS bn) | 122.228 2026 | yearly | 1982 - 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.279 2026 | yearly | 1980 - 2026 |
| Trade Balance (USD mn) | 392.3 Dec 2020 | monthly | Mar 2005 - Dec 2020 |
| Total Exports (USD mn) | 1,298.2 Dec 2020 | monthly | Mar 2005 - Dec 2020 |
| Total Exports Growth (%) | -7.6 Dec 2020 | monthly | Mar 2006 - Dec 2020 |
| Aluminum: Exports (USD th) | 78,941.724 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 5,104.971 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 194.656 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 1,164.3 Mar 2021 | monthly | Mar 2005 - Mar 2021 |
| Total Imports Growth (%) | -7.7 Dec 2020 | monthly | Mar 2006 - Dec 2020 |
| Imports: Medicament (USD th) | 193,659.988 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 65,505.488 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 90.887 Oct 2020 | monthly | Feb 1985 - Oct 2020 |
| Total Imports from USA (USD mn) | 76.976 Jan 2021 | monthly | Jun 1995 - Jan 2021 |
| Total Exports to China (USD mn) | 486.328 Feb 2021 | monthly | May 1995 - Feb 2021 |
| Total Imports from China (USD mn) | 151.945 Feb 2021 | monthly | Jun 1986 - Feb 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2.8 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Current Account Balance (USD mn) | -709.3 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Current Account Balance: % of GDP (%) | -4.1 Sep 2020 | quarterly | Mar 2006 - Sep 2020 |
| Foreign Direct Investment (USD mn) | 838.4 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Foreign Direct Investment: % of GDP (%) | 5.0 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Foreign Portfolio Investment (USD mn) | -26.500 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Foreign Portfolio Investment: % of GDP (%) | -0.2 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 18.1 2010 | yearly | 1975 - 2010 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -26.500 Dec 2019 | quarterly | Mar 2011 - Dec 2019 |
| External Debt (USD mn) | 24,598.8 Mar 2021 | monthly | Jan 2012 - Mar 2021 |
| External Debt: % of GDP (%) | 34.2 2020 | yearly | 1999 - 2020 |
| Forecast: Current Account Balance (USD bn) | -3.960 2026 | yearly | 1980 - 2026 |
| Net International Investment Position (USD mn) | -27,311.841 2019 | yearly | 2006 - 2019 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 15.3 Feb 2021 | monthly | Dec 2005 - Feb 2021 |
| Non-Performing Loans (USD mn) | 1,269.750 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Money Supply M1 (USD mn) | 10,559.734 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
| Money Supply M2 (USD mn) | 16,404.248 Dec 2020 | quarterly | Mar 1990 - Dec 2020 |
| M2 Growth (%) | 35.1 Dec 2020 | quarterly | Mar 1991 - Dec 2020 |
| Foreign Exchange Reserves (USD mn) | 6,884.2 Mar 2021 | monthly | Jan 1965 - Mar 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 9.927 Dec 2020 | quarterly | Dec 2006 - Dec 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.8 Oct 2020 | monthly | Mar 2005 - Oct 2020 |
| Gold Reserves (Metric Ton) | 1,000.000 2020 | yearly | 2008 - 2020 |
| Total Deposits (USD mn) | 17,706.305 Dec 2020 | monthly | Dec 2004 - Dec 2020 |
| Total Deposits Growth (%) | 25.7 Dec 2020 | monthly | Dec 2005 - Dec 2020 |
| Domestic Credit (USD mn) | 23,472.9 Dec 2020 | monthly | Jan 1967 - Dec 2020 |
| Domestic Credit Growth (%) | 48.7 Dec 2020 | monthly | Jan 1968 - Dec 2020 |
| Total Loans (USD mn) | 8,292.948 Dec 2020 | monthly | Dec 2011 - Dec 2020 |
| Total Loans Growth (%) | 5.60 Mar 2021 | monthly | Dec 2012 - Mar 2021 |
| Private Debt: % of Nominal GDP (%) | 9.93 Dec 2020 | quarterly | Dec 2013 - Dec 2020 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | -3.5 Feb 2021 | monthly | Dec 2013 - Feb 2021 |
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