Ghana Current Account Balance
2005 - 2020 | Quarterly | USD mn | CEIC Data
Key information about Ghana Current Account Balance
- 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?
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. See the table below for more data.
| 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) | -137.3 Sep 2021 | quarterly | Mar 1993 - Sep 2021 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | 3,287.2 Sep 2021 | quarterly | Mar 1976 - Sep 2021 |
| Armenia (USD mn) | 51.7 Dec 2020 | quarterly | Mar 1993 - Dec 2020 |
| Australia (USD mn) | 17,541.8 Sep 2021 | quarterly | Sep 1959 - Sep 2021 |
| Austria (USD mn) | 1,119.5 Sep 2021 | quarterly | Mar 1970 - Sep 2021 |
| Azerbaijan (USD mn) | 2,060.7 Sep 2021 | quarterly | Mar 2013 - Sep 2021 |
| Bahrain (USD mn) | -663.4 Dec 2020 | quarterly | Mar 2018 - Dec 2020 |
| Bangladesh (USD mn) | -1,071.8 Sep 2021 | monthly | Jul 1997 - Sep 2021 |
| Belarus (USD mn) | 905.0 Sep 2021 | quarterly | Mar 1996 - Sep 2021 |
| Belgium (USD mn) | 1,877.7 Sep 2021 | monthly | Jan 1995 - Sep 2021 |
| Bolivia (USD mn) | 458.1 Sep 2021 | quarterly | Mar 1988 - Sep 2021 |
| Bosnia and Herzegovina (USD mn) | -124.5 Sep 2021 | quarterly | Mar 2001 - Sep 2021 |
| Botswana (USD mn) | -250.2 Jun 2021 | quarterly | Mar 2004 - Jun 2021 |
| Brazil (USD mn) | -6,522.2 Nov 2021 | monthly | Jan 1995 - Nov 2021 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | -95.8 Oct 2021 | monthly | Jan 1996 - Oct 2021 |
| Cambodia (USD mn) | -1,743.5 Sep 2021 | quarterly | Mar 1994 - Sep 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) | 73,591.0 Sep 2021 | quarterly | Mar 1998 - Sep 2021 |
| Colombia (USD mn) | -5,119.7 Sep 2021 | quarterly | Mar 1996 - Sep 2021 |
| Croatia (USD mn) | 5,165.0 Sep 2021 | quarterly | Mar 1993 - Sep 2021 |
| Cyprus (USD mn) | -170.5 Sep 2021 | quarterly | Mar 2001 - Sep 2021 |
| Czech Republic (USD mn) | -270.7 Nov 2021 | monthly | Jan 2003 - Nov 2021 |
| Denmark (USD mn) | 3,758.6 Nov 2021 | monthly | Jan 2005 - Nov 2021 |
| Ecuador (USD mn) | 140.0 Sep 2021 | quarterly | Mar 1993 - Sep 2021 |
| Egypt (USD mn) | -4,849.3 Dec 2020 | quarterly | Dec 1993 - Dec 2020 |
| Estonia (USD mn) | -83.2 Nov 2021 | monthly | Jan 1999 - Nov 2021 |
| European Union (USD mn) | 112,360.5 Sep 2021 | quarterly | Mar 1999 - Sep 2021 |
| Finland (USD mn) | -2,256.2 Oct 2021 | monthly | Jan 1980 - Oct 2021 |
| France (USD mn) | -4,126.9 Nov 2021 | monthly | Jan 1999 - Nov 2021 |
| Georgia (USD mn) | -370.8 Sep 2021 | quarterly | Mar 1995 - Sep 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) | -905.8 Oct 2021 | monthly | Jan 2000 - Oct 2021 |
| Hong Kong SAR, China (USD mn) | 12,437.6 Sep 2021 | quarterly | Mar 1999 - Sep 2021 |
| Hungary (USD mn) | -2,555.1 Sep 2021 | quarterly | Dec 1989 - Sep 2021 |
| Iceland (USD mn) | 103.4 Sep 2021 | quarterly | Mar 1976 - Sep 2021 |
| India (USD mn) | -9,581.4 Sep 2021 | quarterly | Jun 1949 - Sep 2021 |
| Indonesia (USD mn) | 4,474.3 Sep 2021 | quarterly | Mar 1981 - Sep 2021 |
| Iran (USD mn) | -707.7 2021 | yearly | 1997 - 2021 |
| Ireland (USD mn) | 27,409.0 Sep 2021 | quarterly | Mar 1981 - Sep 2021 |
| Israel (USD mn) | 5,105.7 Dec 2020 | quarterly | Mar 1992 - Dec 2020 |
| Italy (USD mn) | 6,394.5 Oct 2021 | monthly | Jan 1970 - Oct 2021 |
| Ivory Coast (USD mn) | -1,974.3 2020 | yearly | 1975 - 2020 |
| Japan (USD mn) | 12,017.1 Nov 2021 | monthly | Jan 1996 - Nov 2021 |
| Jordan (USD mn) | -938.9 Sep 2021 | quarterly | Mar 1977 - Sep 2021 |
| Kazakhstan (USD mn) | -1,530.6 Dec 2020 | quarterly | Dec 1997 - Dec 2020 |
| Kenya (USD mn) | -561.0 Jun 2021 | monthly | Jan 2002 - Jun 2021 |
| South Korea (USD mn) | 9,261.4 Feb 2021 | monthly | Jan 1980 - Feb 2021 |
| Kosovo (USD mn) | 175.3 Sep 2021 | quarterly | Mar 2009 - Sep 2021 |
| Kuwait (USD mn) | 8,084.3 Sep 2020 | quarterly | Mar 2012 - Sep 2020 |
| Kyrgyzstan (USD mn) | 383.8 Jun 2021 | quarterly | Mar 1993 - Jun 2021 |
| Laos (USD mn) | 350.8 Sep 2021 | quarterly | Mar 1994 - Sep 2021 |
| Latvia (USD mn) | 5.7 Nov 2021 | monthly | Jan 2000 - Nov 2021 |
| Lebanon (USD mn) | -133.4 Sep 2020 | monthly | Jan 2002 - Sep 2020 |
| Lithuania (USD mn) | 404.8 Oct 2021 | monthly | Jan 2001 - Oct 2021 |
| Luxembourg (USD mn) | 767.0 Jun 2021 | quarterly | Mar 1995 - Jun 2021 |
| Macau SAR, China (USD mn) | 3,878.6 2020 | yearly | 2002 - 2020 |
| North Macedonia (USD mn) | 20.8 Sep 2021 | monthly | Jan 2001 - Sep 2021 |
| Malawi (USD mn) | -1,412.4 2020 | yearly | 1977 - 2020 |
| Malaysia (USD mn) | 2,765.8 Sep 2021 | quarterly | Mar 1999 - Sep 2021 |
| Malta (USD mn) | -178.0 Sep 2021 | quarterly | Mar 1995 - Sep 2021 |
| Mauritius (USD mn) | -315.0 Sep 2021 | quarterly | Mar 2017 - Sep 2021 |
| Mexico (USD mn) | -4,070.4 Sep 2021 | quarterly | Mar 1980 - Sep 2021 |
| Moldova (USD mn) | -400.4 Sep 2021 | quarterly | Mar 1994 - Sep 2021 |
| Mongolia (USD mn) | 464.4 Nov 2021 | monthly | Jan 2009 - Nov 2021 |
| Montenegro (USD mn) | 188.2 Sep 2021 | quarterly | Mar 2004 - Sep 2021 |
| Morocco (USD mn) | 381.6 Sep 2021 | quarterly | Mar 2014 - Sep 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) | -1,278.9 Oct 2021 | quarterly | Oct 2002 - Oct 2021 |
| Netherlands (USD mn) | 22,470.3 Sep 2021 | quarterly | Mar 1967 - Sep 2021 |
| New Zealand (USD mn) | -3,364.8 Sep 2021 | quarterly | Jun 1971 - Sep 2021 |
| Nigeria (USD mn) | -3,337.9 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Norway (USD mn) | 16,920.6 Sep 2021 | quarterly | Mar 1981 - Sep 2021 |
| Oman (USD mn) | -8,660.6 2020 | yearly | 1974 - 2020 |
| Pakistan (USD mn) | -3,421.0 Sep 2021 | quarterly | Mar 1976 - Sep 2021 |
| Palestinian Territory (USD mn) | -291.8 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Panama (USD mn) | -183.2 Jun 2021 | quarterly | Mar 1998 - Jun 2021 |
| Paraguay (USD mn) | 209.8 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Peru (USD mn) | -882.9 Sep 2021 | quarterly | Mar 1977 - Sep 2021 |
| Philippines (USD mn) | -600.5 Sep 2021 | monthly | Jan 1999 - Sep 2021 |
| Poland (USD mn) | -1,270.0 Nov 2021 | monthly | Jan 2000 - Nov 2021 |
| Portugal (USD mn) | -384.0 Sep 2021 | monthly | Jan 1996 - Sep 2021 |
| Qatar (USD mn) | 75.8 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Romania (USD mn) | -1,722.7 Nov 2021 | monthly | Jun 2002 - Nov 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) | 20,789.2 Sep 2021 | quarterly | Mar 1986 - Sep 2021 |
| Slovakia (USD mn) | 60.6 Oct 2021 | monthly | Jan 1997 - Oct 2021 |
| Slovenia (USD mn) | 252.1 Oct 2021 | monthly | Jan 1994 - Oct 2021 |
| South Africa (USD mn) | 3,868.8 Sep 2021 | quarterly | Mar 1960 - Sep 2021 |
| Spain (USD mn) | 2,476.6 Oct 2021 | monthly | Jan 1990 - Oct 2021 |
| Sri Lanka (USD mn) | -740.8 Sep 2021 | quarterly | Mar 1977 - Sep 2021 |
| Sudan (USD mn) | -194.8 Sep 2021 | quarterly | Mar 1977 - Sep 2021 |
| Sweden (USD mn) | 7,283.7 Sep 2021 | quarterly | Mar 1975 - Sep 2021 |
| Switzerland (USD mn) | 26,555.0 Sep 2021 | quarterly | Mar 1983 - Sep 2021 |
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| 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) | 182.783 2026 | yearly | 1980 - 2026 |
| Forecast: Government Net Debt (GHS bn) | 698.383 2026 | yearly | 1990 - 2026 |
| Forecast: Government Revenue (GHS bn) | 117.051 2026 | yearly | 1982 - 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.681 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) | 78,981.621 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 5,111.213 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 221.031 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) | 188,339.959 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 63,163.099 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) | -4.493 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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