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Ghana Trade (% GDP)

Ghana's trade (% GDP) rose to 69.35% in 2024, up from 64.39% in 2023, according to World Bank. This represents an increase of 4.96% from the previous year. Ghana has trade (% GDP) lower than the global median (69.35% vs median 84.49%). Compared with the median in Africa, Ghana is higher (69.35% vs regional median 62.95%) and ranks 21st out of 48 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 69.35%
2023 64.39%
2022 70.12%
2021 62.71%
2020 66.58%
2019 76.82%
2018 67.96%
2017 70.55%
2016 67.88%
2015 76.52%
2014 63.84%
2013 60.76%
2012 93.17%
2011 86.3%
2010 75.38%
2009 71.59%
2008 69.51%
2007 65.35%
2006 64.52%
2005 98.17%
2004 99.67%
2003 97.29%
2002 97.49%
2001 110.05%
2000 116.05%
1999 81.71%
1998 80.6%
1997 85.4%
1996 72.2%
1995 57.42%
1994 62.02%
1993 56.67%
1992 45.99%
1991 42.49%
1990 42.73%
1989 41.09%
1988 42.25%
1987 45.85%
1986 36.71%
1985 24.24%
1984 18.81%
1983 11.54%
1982 6.32%
1981 10.08%
1980 17.62%
1979 22.39%
1978 18.05%
1977 22.05%
1976 31.75%
1975 37.8%
1974 40.13%
1973 37.85%
1972 35.91%
1971 36%
1970 44.05%
1969 40.08%
1968 41.18%
1967 37.37%
1966 34.26%
1965 43.86%
1964 43.77%
1963 48.64%
1962 52.68%
1961 62.58%
1960 63.64%
Ghana Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Ghana divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $16.87B $17.38B 2023
Annual Imports $16.39B $17.96B 2023
Balance of Trade $49.1M $526M Aug'25
Exports $1.9B $2.3B Aug'25
Exports (% GDP) 35.25% 31.77% 2024
FDI Inflows (% GDP) 1.64% 1.93% 2023
Imports $1.9B $1.8B Aug'25
Imports (% GDP) 34.1% 32.62% 2024
Net Trade (Goods & Services, BoP) -$658.96M -$808.45M 2023
Tariff Rate 12.96% 12.84% 2022