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 69.788 % in Dec 2024, compared with 64.388 % 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 70.115 % in Dec 2022 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 69.788 % in Dec 2024, compared with 64.388 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
69.788 2024 64.388 2023 -9.878 2013 70.115 2022 % yearly 2006 - 2024

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

country/region Last Frequency Range
Albania (%) 95.333 Sep 2025 quarterly Mar 1995 - Sep 2025
Algeria (%) 40.135 2024 yearly 1950 - 2024
Argentina (%) 27.642 Jun 2025 quarterly Mar 1993 - Jun 2025
Armenia (%) 87.394 Dec 2025 quarterly Dec 1994 - Dec 2025
Australia (%) 46.409 Dec 2025 quarterly Sep 1959 - Dec 2025
Austria (%) 104.760 Dec 2025 quarterly Mar 1964 - Dec 2025
Azerbaijan (%) 78.116 Sep 2025 quarterly Mar 2001 - Sep 2025
Bahrain (%) 157.483 2024 yearly 1975 - 2024
Bangladesh (%) 27.951 2025 yearly 1960 - 2025
Belarus (%) 103.096 Sep 2025 quarterly Mar 1995 - Sep 2025
Belgium (%) 144.758 Dec 2025 quarterly Mar 1980 - Dec 2025
Bolivia (%) 42.770 Dec 2024 quarterly Mar 1990 - Dec 2024
Bosnia and Herzegovina (%) 92.005 Sep 2025 quarterly Mar 2000 - Sep 2025
Botswana (%) 68.209 Sep 2025 quarterly Mar 1994 - Sep 2025
Brazil (%) 33.643 Dec 2025 quarterly Mar 1996 - Dec 2025
Brunei (%) 122.297 Sep 2025 quarterly Mar 2004 - Sep 2025
Bulgaria (%) 92.326 Dec 2025 quarterly Mar 1995 - Dec 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 (%) 36.166 Dec 2025 quarterly Mar 1998 - Dec 2025
Colombia (%) 33.904 Dec 2025 quarterly Mar 2005 - Dec 2025
Croatia (%) 107.493 Sep 2025 quarterly Mar 1995 - Sep 2025
Cyprus (%) 218.096 Dec 2025 quarterly Mar 1995 - Dec 2025
Czech Republic (%) 124.261 Dec 2025 quarterly Mar 1995 - Dec 2025
Denmark (%) 126.106 Dec 2025 quarterly Mar 1977 - Dec 2025
Ecuador (%) 59.811 Sep 2025 quarterly Mar 1991 - Sep 2025
Egypt (%) 59.730 Jun 2025 quarterly Sep 2001 - Jun 2025
Estonia (%) 152.680 Dec 2025 quarterly Mar 1995 - Dec 2025
European Union (%) 92.842 Dec 2025 quarterly Mar 1995 - Dec 2025
Finland (%) 83.075 Dec 2025 quarterly Mar 1970 - Dec 2025
France (%) 66.763 Dec 2025 quarterly Mar 1975 - Dec 2025
Georgia (%) 101.230 Sep 2025 quarterly Mar 1996 - Sep 2025
Germany (%) 77.429 Dec 2025 quarterly Mar 1991 - Dec 2025
Ghana (%) 69.788 2024 yearly 2006 - 2024
Greece (%) 79.838 Dec 2025 quarterly Mar 1995 - Dec 2025
Hong Kong SAR, China (%) 415.687 Dec 2025 quarterly Mar 1973 - Dec 2025
Hungary (%) 124.577 Dec 2025 quarterly Mar 1995 - Dec 2025
Iceland (%) 79.185 Dec 2025 quarterly Mar 1995 - Dec 2025
India (%) 46.416 Dec 2025 quarterly Jun 1996 - Dec 2025
Indonesia (%) 44.515 Dec 2025 quarterly Mar 1993 - Dec 2025
Iran (%) 49.507 2024 yearly 1959 - 2024
Ireland (%) 262.249 Dec 2025 quarterly Mar 1995 - Dec 2025
Israel (%) 52.203 Dec 2025 quarterly Mar 1995 - Dec 2025
Italy (%) 59.566 Dec 2025 quarterly Mar 1980 - Dec 2025
Ivory Coast (%) 49.586 2024 yearly 1960 - 2024
Japan (%) 43.803 Dec 2025 quarterly Mar 1955 - Dec 2025
Jordan (%) 90.741 2023 yearly 1967 - 2023
Kazakhstan (%) 57.282 Sep 2025 quarterly Mar 1994 - Sep 2025
Kenya (%) 40.186 2024 yearly 1964 - 2024
South Korea (%) 86.856 Dec 2025 quarterly Mar 1960 - Dec 2025
Kosovo (%) 116.812 Jun 2025 quarterly Mar 2010 - Jun 2025
Kuwait (%) 93.991 2024 yearly 1962 - 2024
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 (%) 135.511 Dec 2025 quarterly Mar 1995 - Dec 2025
Luxembourg (%) 331.707 Dec 2025 quarterly Mar 1995 - Dec 2025
Macau SAR, China (%) 136.803 Dec 2025 quarterly Mar 1998 - Dec 2025
North Macedonia (%) 122.910 Dec 2025 quarterly Mar 2000 - Dec 2025
Malawi (%) 42.438 2023 yearly 1960 - 2023
Malaysia (%) 137.375 Dec 2025 quarterly Mar 1991 - Dec 2025
Malta (%) 216.476 Sep 2025 quarterly Mar 1992 - Sep 2025
Mauritius (%) 140.677 Sep 2025 quarterly Mar 1999 - Sep 2025
Mexico (%) 79.583 Sep 2025 quarterly Mar 1993 - Sep 2025
Moldova (%) 91.718 Jun 2025 quarterly Mar 1995 - Jun 2025
Mongolia (%) 108.937 Dec 2025 quarterly Mar 2005 - Dec 2025
Montenegro (%) 99.599 Dec 2025 quarterly Mar 2006 - Dec 2025
Morocco (%) 96.323 Sep 2025 quarterly Mar 2007 - Sep 2025
Mozambique (%) 95.659 2024 yearly 1991 - 2024
Myanmar (%) 40.754 2023 yearly 2018 - 2023
Nepal (%) 41.969 2025 yearly 1969 - 2025
Netherlands (%) 152.254 Sep 2025 quarterly Mar 1987 - Sep 2025
New Zealand (%) 51.814 Sep 2025 quarterly Jun 1987 - Sep 2025
Nigeria (%) 43.197 Dec 2024 quarterly Mar 2010 - Dec 2024
Norway (%) 79.296 Dec 2025 quarterly Mar 1978 - Dec 2025
Oman (%) 118.999 2024 yearly 1980 - 2024
Pakistan (%) 27.163 2025 yearly 2000 - 2025
Palestinian Territory (%) 75.145 Sep 2025 quarterly Mar 2011 - Sep 2025
Panama (%) 89.138 2024 yearly 1960 - 2024
Paraguay (%) 81.441 Sep 2025 quarterly Mar 1994 - Sep 2025
Peru (%) 51.322 Dec 2025 quarterly Mar 1980 - Dec 2025
Philippines (%) 58.985 Dec 2025 quarterly Mar 1981 - Dec 2025
Poland (%) 90.142 Dec 2025 quarterly Mar 1995 - Dec 2025
Portugal (%) 89.154 Sep 2025 quarterly Mar 1977 - Sep 2025
Qatar (%) 98.917 Dec 2023 quarterly Mar 2013 - Dec 2023
Romania (%) 65.114 Dec 2025 quarterly Mar 1995 - Dec 2025
Russia (%) 33.073 Sep 2025 quarterly Mar 1995 - Sep 2025
Saudi Arabia (%) 58.909 Dec 2025 quarterly Mar 2003 - Dec 2025
Serbia (%) 108.286 Dec 2025 quarterly Mar 1995 - Dec 2025
Singapore (%) 316.397 Dec 2025 quarterly Mar 1975 - Dec 2025
Slovakia (%) 171.680 Dec 2025 quarterly Mar 1990 - Dec 2025
Slovenia (%) 149.926 Dec 2025 quarterly Mar 1995 - Dec 2025
South Africa (%) 59.826 Dec 2025 quarterly Mar 1960 - Dec 2025
Spain (%) 70.504 Jun 2024 quarterly Mar 1980 - Jun 2024
Sri Lanka (%) 42.797 Sep 2025 quarterly Mar 2010 - Sep 2025
Sudan (%) 41.636 2019 yearly 1996 - 2019
Sweden (%) 101.898 Dec 2025 quarterly Mar 1980 - Dec 2025
Switzerland (%) 151.170 Dec 2025 quarterly Mar 1980 - Dec 2025

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Ghana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.8 Sep 2025 quarterly Dec 2008 - Sep 2025
Consolidated Fiscal Balance (USD mn) 532.461 Dec 2025 monthly Jan 2008 - Dec 2025
Tax Revenue (USD mn) 2,859.995 Dec 2025 monthly Jan 2008 - Dec 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) 3,890.0 Dec 2025 monthly Mar 2005 - Dec 2025
Total Exports (USD mn) 5,139.0 Dec 2025 monthly Jan 2010 - Dec 2025
Total Exports Growth (%) 225.0 Dec 2025 monthly Jan 2011 - Dec 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) 1,249.0 Dec 2025 monthly Mar 2005 - Dec 2025
Total Imports Growth (%) -1.4 Dec 2025 monthly Mar 2006 - Dec 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) 11.205 Nov 2025 monthly Feb 1985 - Nov 2025
Total Imports from USA (USD mn) 135.764 Nov 2025 monthly Jun 1995 - Nov 2025
Total Exports to China (USD mn) 133.539 Nov 2025 monthly May 1995 - Nov 2025
Total Imports from China (USD mn) 445.619 Nov 2025 monthly Jun 1986 - Nov 2025
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
Import Volume Index (2015=100) 84.815 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 14.0 Sep 2025 quarterly Mar 2011 - Sep 2025
Current Account Balance (USD mn) 4,552.4 Dec 2025 quarterly Mar 2003 - Dec 2025
Current Account Balance: % of GDP (%) 1.9 Sep 2025 quarterly Mar 2006 - Sep 2025
Foreign Direct Investment (USD mn) 425.3 Sep 2025 quarterly Mar 2011 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.8 Sep 2025 quarterly Mar 2011 - Sep 2025
Foreign Portfolio Investment (USD mn) -61.216 Jun 2025 quarterly Mar 2011 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) -0.1 Sep 2025 quarterly Mar 2011 - Sep 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) 29,218.9 Sep 2025 monthly Jan 2012 - Sep 2025
External Debt: % of GDP (%) 34.4 2024 yearly 1999 - 2024
Forecast: Current Account Balance (USD bn) -0.103 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 (%) 18.9 Dec 2025 monthly Dec 2005 - Dec 2025
Non-Performing Loans (USD mn) 2,008.748 Jun 2025 quarterly Mar 2008 - Jun 2025
Money Supply M1 (USD mn) 14,789.477 Sep 2025 quarterly Mar 1990 - Sep 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) 5,361.8 Oct 2025 monthly Jan 1965 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 5.520 Sep 2025 quarterly Dec 2006 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 3.0 Oct 2025 monthly Mar 2005 - Oct 2025
Gold Reserves (Metric Ton) 1,000.000 2025 yearly 2008 - 2025
Total Deposits (USD mn) 30,675.753 Dec 2025 monthly Jan 1999 - Dec 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) 10,619.399 Dec 2025 monthly Jan 1999 - Dec 2025
Total Loans Growth (%) 16.15 Dec 2025 monthly Jan 2000 - Dec 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 (%) 11.5 Dec 2025 monthly Dec 2013 - Dec 2025

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