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General profile: Ghana

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
33.788 Millions
..
77 598 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 227 533 km²
37.53 %
2.74 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-4.8 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
2 802
7 960
10 321
16 658
Merchandise imports
5 347
10 922
13 465
14 010
Merchandise trade balance
-2 545
-2 962
-3 144
2 647
Export structure by product group in 2023
(as % of total exports)
47 %47 %5 %5 %23 %23 %6 %6 %20 %20 %
Top 5 partners in 2023
(exports, millions of US$)
3 1482 8672 2921 0869693 1482 8672 2921 086969
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
1 106
1 477
6 142
8 662
Services imports
1 273
3 003
7 309
12 015
Services trade balance
-167
-1 526
-1 167
-3 353
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
13.2
24.6
7.4
4.9
Travel
75.6
41.9
13.3
12.1
Other services
11.3
33.4
79.2
72.1
TRADE INDICES
More data on UNCTADstat
123131124135147138132110100112116114105745343403912211611310110110095101100108109114117117110989488
ECONOMIC TRENDS
More data on UNCTADstat
+2.7 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
22 765
42 587
50 034
77 598
GDP per capita, current US$
1 014
1 672
1 744
2 297
Real GDP growth, y-on-y, %
6.20
7.90
2.12
2.74
Current account balance, % of GDP
-4.85
-6.45
-5.64
1.81
Exchange rate (/US$)
0.905
1.430
3.715
..
GDP by expenditure in 2022
(as % of total GDP)
77.96.716.234.935.777.96.716.234.935.7
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.1 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
144.97
2 527.36
3 192.30
1 354.39
FDI outflows
..
..
221.40
55.76
Personal remittances, % of GDP
..
..
9.96
..
Financial flows trends
(millions of US$)
4 664.34 167.84 292.04 053.73 520.63 536.42 979.94 982.42 007.81 864.02 155.51 3541 5112 6131 8763 8802 9893 2553 4853 1923 3573 2263 2933 2372 5272 8971 2208556361451391105989115FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
-11.91
-10.54
-8.62
(e) -0.91
Balance, % of imports
-40.96
-32.23
-20.75
(e) -2.72
Normalized balance
-0.258
-0.192
-0.116
(e) -0.014
Trade openness²
(sum of imports and exports as % of GDP)
66716367776870687463617065555452495046
LIVING AREA
Population by living area in 2023
(% of population)
Urban 59%Urban 59%Rural 41%Rural 41%
OTHER INDICATORS
More data on UNCTADstat
0.002 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
88
85
51
45
Container port throughput (TEU)
..
643 188
840 595
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
0.02
0.02
0.22
..
Share of ICT goods, % of total imports
4.81
7.13
2.24
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024