Ghana Total Trade of Goods & Services: % of Nominal GDP

2006 - 2024 | Yearly | % | CEIC Data

Key information about Ghana Total Trade of Goods and Services: % of Nominal GDP

  • Ghana Total Trade of Goods & Services: % of Nominal GDP recorded 1.158 % in Dec 2024, compared with -0.846 % in the previous year.
  • Ghana Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 2006 to Dec 2024, with an averaged value of -8.858 %.
  • The data reached an all-time high of 68.964 % in Dec 2012 and a record low of -9.878 % in Dec 2013.

CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from annual Total Trade of Goods and Services and annual Nominal GDP. Ghana Statistical Service provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 2008. Total Trade of Goods and Services as % of Nominal GDP prior to 2013 is calculated from Total Trade of Goods and Services based on SNA 1993. Total Trade of Goods and Services as % of Nominal GDP prior to 2006 is calculated from Nominal GDP and Total Trade of Goods and Services both sourced from the International Monetary Fund.

View Ghana's Total Trade of Goods & Services: % of Nominal GDP from 2006 to 2024 in the chart:

Ghana Total Trade of Goods & Services: % of Nominal GDP

What was Ghana's Total Trade of Goods & Services: % of Nominal GDP in 2024?

Ghana Total Trade of Goods & Services: % of Nominal GDP recorded 1.158 % in Dec 2024, compared with -0.846 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.158 2024 -0.846 2023 -9.878 2013 68.964 2012 % yearly 2006 - 2024

Total Trade of Goods & Services: % of Nominal GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 74.175 Jun 2025 quarterly Mar 1995 - Jun 2025
Algeria (%) 40.135 2024 yearly 1950 - 2024
Argentina (%) 27.642 Jun 2025 quarterly Mar 1993 - Jun 2025
Armenia (%) 94.306 Sep 2025 quarterly Dec 1994 - Sep 2025
Australia (%) 46.802 Sep 2025 quarterly Sep 1959 - Sep 2025
Austria (%) 106.804 Sep 2025 quarterly Mar 1964 - Sep 2025
Azerbaijan (%) 78.759 Jun 2025 quarterly Mar 2001 - Jun 2025
Bahrain (%) 157.818 2024 yearly 1975 - 2024
Bangladesh (%) 28.039 2025 yearly 1960 - 2025
Belarus (%) 112.448 Jun 2025 quarterly Mar 1995 - Jun 2025
Belgium (%) 152.566 Sep 2025 quarterly Mar 1980 - Sep 2025
Bolivia (%) 42.770 Dec 2024 quarterly Mar 1990 - Dec 2024
Bosnia and Herzegovina (%) 97.574 Mar 2025 quarterly Mar 2008 - Mar 2025
Botswana (%) 77.932 Jun 2025 quarterly Mar 1994 - Jun 2025
Brazil (%) 36.081 Sep 2025 quarterly Mar 1996 - Sep 2025
Brunei (%) 120.944 Jun 2025 quarterly Mar 2004 - Jun 2025
Bulgaria (%) 94.372 Sep 2025 quarterly Mar 1995 - Sep 2025
Cambodia (%) 147.753 2022 yearly 1988 - 2022
Canada (%) 59.399 Sep 2025 quarterly Mar 1961 - Sep 2025
Chile (%) 66.252 Sep 2025 quarterly Mar 1990 - Sep 2025
China (%) 37.936 Sep 2025 quarterly Mar 1998 - Sep 2025
Colombia (%) 36.219 Sep 2025 quarterly Mar 2005 - Sep 2025
Croatia (%) 107.493 Sep 2025 quarterly Mar 1995 - Sep 2025
Cyprus (%) 189.446 Sep 2025 quarterly Mar 1995 - Sep 2025
Czech Republic (%) 122.116 Sep 2025 quarterly Mar 1995 - Sep 2025
Denmark (%) 133.069 Sep 2025 quarterly Mar 1977 - Sep 2025
Ecuador (%) 60.316 Jun 2025 quarterly Mar 1991 - Jun 2025
Egypt (%) 59.730 Jun 2025 quarterly Sep 2001 - Jun 2025
Estonia (%) 153.873 Sep 2025 quarterly Mar 1995 - Sep 2025
European Union (%) 95.846 Jun 2025 quarterly Mar 1995 - Jun 2025
Finland (%) 82.581 Sep 2025 quarterly Mar 1970 - Sep 2025
France (%) 67.814 Sep 2025 quarterly Mar 1975 - Sep 2025
Georgia (%) 100.938 Jun 2025 quarterly Mar 1996 - Jun 2025
Germany (%) 78.060 Sep 2025 quarterly Mar 1991 - Sep 2025
Ghana (%) 1.158 2024 yearly 2006 - 2024
Greece (%) 83.822 Jun 2025 quarterly Mar 1995 - Jun 2025
Hong Kong SAR, China (%) 390.649 Sep 2025 quarterly Mar 1973 - Sep 2025
Hungary (%) 133.563 Sep 2025 quarterly Mar 1995 - Sep 2025
Iceland (%) 83.000 Sep 2025 quarterly Mar 1995 - Sep 2025
India (%) 46.637 Sep 2025 quarterly Jun 1996 - Sep 2025
Indonesia (%) 43.806 Sep 2025 quarterly Mar 1993 - Sep 2025
Iran (%) 49.507 2024 yearly 1959 - 2024
Ireland (%) 241.362 Sep 2025 quarterly Mar 1995 - Sep 2025
Israel (%) 52.099 Sep 2025 quarterly Mar 1995 - Sep 2025
Italy (%) 62.609 Sep 2025 quarterly Mar 1980 - Sep 2025
Ivory Coast (%) 49.586 2024 yearly 1960 - 2024
Japan (%) 44.140 Sep 2025 quarterly Mar 1955 - Sep 2025
Jordan (%) 99.684 2023 yearly 1967 - 2023
Kazakhstan (%) 59.234 Jun 2025 quarterly Mar 1994 - Jun 2025
Kenya (%) 40.186 2024 yearly 1964 - 2024
South Korea (%) 85.224 Sep 2025 quarterly Mar 1960 - Sep 2025
Kosovo (%) 116.812 Jun 2025 quarterly Mar 2010 - Jun 2025
Kuwait (%) 96.080 2023 yearly 1962 - 2023
Kyrgyzstan (%) 98.747 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 129.057 Sep 2025 quarterly Mar 1992 - Sep 2025
Lebanon (%) 88.548 2023 yearly 1990 - 2023
Lithuania (%) 135.825 Sep 2025 quarterly Mar 1995 - Sep 2025
Luxembourg (%) 347.828 Jun 2025 quarterly Mar 1995 - Jun 2025
Macau SAR, China (%) 140.704 Sep 2025 quarterly Mar 1998 - Sep 2025
North Macedonia (%) 127.517 Sep 2025 quarterly Mar 2000 - Sep 2025
Malawi (%) 46.228 2019 yearly 1960 - 2019
Malaysia (%) 133.839 Sep 2025 quarterly Mar 1991 - Sep 2025
Malta (%) 216.476 Sep 2025 quarterly Mar 1992 - Sep 2025
Mauritius (%) 148.123 Jun 2025 quarterly Mar 1999 - Jun 2025
Mexico (%) 80.408 Jun 2025 quarterly Mar 1993 - Jun 2025
Moldova (%) 91.718 Jun 2025 quarterly Mar 1995 - Jun 2025
Mongolia (%) 148.220 Sep 2025 quarterly Mar 2005 - Sep 2025
Montenegro (%) 109.125 Sep 2025 quarterly Mar 2006 - Sep 2025
Morocco (%) 94.309 Jun 2025 quarterly Mar 2007 - Jun 2025
Mozambique (%) 95.659 2024 yearly 1991 - 2024
Myanmar (%) 40.754 2023 yearly 2018 - 2023
Nepal (%) 41.969 2025 yearly 1969 - 2025
Netherlands (%) 152.159 Sep 2025 quarterly Mar 1987 - Sep 2025
New Zealand (%) 51.684 Jun 2025 quarterly Jun 1987 - Jun 2025
Nigeria (%) 43.197 Dec 2024 quarterly Mar 2010 - Dec 2024
Norway (%) 80.542 Sep 2025 quarterly Mar 1978 - Sep 2025
Oman (%) 118.999 2024 yearly 1980 - 2024
Pakistan (%) 27.208 2025 yearly 2000 - 2025
Palestinian Territory (%) 95.354 Jun 2025 quarterly Mar 2011 - Jun 2025
Panama (%) 89.138 2024 yearly 1960 - 2024
Paraguay (%) 85.084 Jun 2025 quarterly Mar 1994 - Jun 2025
Peru (%) 51.352 Sep 2025 quarterly Mar 1980 - Sep 2025
Philippines (%) 74.020 Sep 2025 quarterly Mar 1981 - Sep 2025
Poland (%) 96.793 Sep 2025 quarterly Mar 1995 - Sep 2025
Portugal (%) 89.372 Sep 2025 quarterly Mar 1977 - Sep 2025
Qatar (%) 98.917 Dec 2023 quarterly Mar 2013 - Dec 2023
Romania (%) 70.042 Sep 2025 quarterly Mar 1995 - Sep 2025
Russia (%) 34.393 Jun 2025 quarterly Mar 1995 - Jun 2025
Saudi Arabia (%) 58.206 Sep 2025 quarterly Mar 2003 - Sep 2025
Serbia (%) 112.511 Sep 2025 quarterly Mar 1995 - Sep 2025
Singapore (%) 331.294 Sep 2025 quarterly Mar 1975 - Sep 2025
Slovakia (%) 155.064 Sep 2025 quarterly Mar 1990 - Sep 2025
Slovenia (%) 147.344 Sep 2025 quarterly Mar 1995 - Sep 2025
South Africa (%) 63.009 Sep 2025 quarterly Mar 1960 - Sep 2025
Spain (%) 70.504 Jun 2024 quarterly Mar 1980 - Jun 2024
Sri Lanka (%) 41.989 Jun 2025 quarterly Mar 2010 - Jun 2025
Sudan (%) 41.636 2019 yearly 1996 - 2019
Sweden (%) 103.892 Sep 2025 quarterly Mar 1980 - Sep 2025
Switzerland (%) 139.971 Sep 2025 quarterly Mar 1980 - Sep 2025

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Ghana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.5 Jun 2025 quarterly Dec 2008 - Jun 2025
Consolidated Fiscal Balance (USD mn) -386.239 Jul 2025 monthly Jan 2008 - Jul 2025
Tax Revenue (USD mn) 1,324.882 Jul 2025 monthly Jan 2008 - Jul 2025
Tax Revenue: % of GDP (%) 15.1 Jun 2025 quarterly Mar 2008 - Jun 2025
Government Debt: % of GDP (%) 61.8 2024 yearly 2006 - 2024
Forecast: Government Expenditure (GHS bn) 515.173 2030 yearly 1980 - 2030
Forecast: Government Net Debt (GHS bn) 1,249.811 2030 yearly 1990 - 2030
Forecast: Government Revenue (GHS bn) 449.164 2030 yearly 1982 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.394 2028 yearly 1980 - 2028
Trade Balance (USD mn) 49.0 Aug 2025 monthly Mar 2005 - Aug 2025
Total Exports (USD mn) 1,909.0 Aug 2025 monthly Jan 2010 - Aug 2025
Total Exports Growth (%) 9.9 Aug 2025 monthly Jan 2011 - Aug 2025
Aluminum: Exports (USD th) 89,599.170 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 14,051.656 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 627.649 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,859.9 Aug 2025 monthly Mar 2005 - Aug 2025
Total Imports Growth (%) 53.5 Aug 2025 monthly Mar 2006 - Aug 2025
Imports: Medicament (USD th) 219,248.874 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 133,353.690 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 29.675 Aug 2025 monthly Feb 1985 - Aug 2025
Total Imports from USA (USD mn) 136.208 Aug 2025 monthly Jun 1995 - Aug 2025
Total Exports to China (USD mn) 37.620 Aug 2025 monthly May 1995 - Aug 2025
Total Imports from China (USD mn) 330.343 Aug 2025 monthly Jun 1986 - Aug 2025
Import Volume Index (2015=100) 84.815 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 97.296 2021 yearly 1980 - 2021
Import Value Index (2015=100) 101.215 2021 yearly 1980 - 2021
Export Value Index (2015=100) 142.693 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -10.0 Jun 2025 quarterly Mar 2011 - Jun 2025
Current Account Balance (USD mn) 239.0 Sep 2025 quarterly Mar 2003 - Sep 2025
Current Account Balance: % of GDP (%) 4.4 Jun 2025 quarterly Mar 2006 - Jun 2025
Foreign Direct Investment (USD mn) 524.9 Jun 2025 quarterly Mar 2011 - Jun 2025
Foreign Direct Investment: % of GDP (%) 2.0 Jun 2025 quarterly Mar 2011 - Jun 2025
Foreign Portfolio Investment (USD mn) -61.216 Jun 2025 quarterly Mar 2011 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) -0.2 Jun 2025 quarterly Mar 2011 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -53.3 2024 yearly 1975 - 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -49.184 Jun 2025 quarterly Mar 2011 - Jun 2025
External Debt (USD mn) 29,110.3 Jun 2025 monthly Jan 2012 - Jun 2025
External Debt: % of GDP (%) 34.4 2024 yearly 1999 - 2024
Forecast: Current Account Balance (USD bn) 0.197 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -27,118.991 2024 yearly 2006 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 19.5 Oct 2025 monthly Dec 2005 - Oct 2025
Non-Performing Loans (USD mn) 2,008.748 Jun 2025 quarterly Mar 2008 - Jun 2025
Money Supply M1 (USD mn) 16,642.008 Jun 2025 quarterly Mar 1990 - Jun 2025
Money Supply M2 (USD mn) 25,721.726 Jun 2025 quarterly Mar 1990 - Jun 2025
M2 Growth (%) 30.3 Jun 2025 quarterly Mar 1991 - Jun 2025
Foreign Exchange Reserves (USD mn) 3,368.9 Jan 2024 monthly Jan 1965 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 3.623 Dec 2023 quarterly Dec 2006 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 2.4 Jan 2024 monthly Mar 2005 - Jan 2024
Gold Reserves (Metric Ton) 1,000.000 2024 yearly 2008 - 2024
Total Deposits (USD mn) 24,675.872 Sep 2025 monthly Jan 1999 - Sep 2025
Total Deposits Growth (%) 8.5 Oct 2025 monthly Jan 2000 - Oct 2025
Domestic Credit (USD mn) 22,480.6 May 2025 monthly Jan 1967 - May 2025
Domestic Credit Growth (%) -9.1 May 2025 monthly Jan 1968 - May 2025
Total Loans (USD mn) 8,145.191 Sep 2025 monthly Jan 1999 - Sep 2025
Total Loans Growth (%) 10.52 Sep 2025 monthly Jan 2000 - Sep 2025
Private Debt: % of Nominal GDP (%) 6.78 Mar 2025 quarterly Dec 2006 - Mar 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (%) 14.8 Oct 2025 monthly Dec 2013 - Oct 2025

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