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Ghana – Current Account Balance

Name: Ghana Current Account Balance
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Current account balance as a share of GDP. Summarizes net trade in goods, services, income, and transfers with the rest of the world. · World Bank

2.04% +2.95% from 2023 G20 rank: 101st · all-time high: 3.07% (1979)

Ghana's current account balance was 2.04% in 2024, an increase of +2.95% from -0.91% in 2023. This ranked 101st in the G20. The all-time high was 3.07% in 1979.

APA

Ghana Current Account Balance. HistorySaid. Retrieved March 11, 2026, from https://historysaid.com/ghana/current-account

BibTeX

@misc{historysaid_ghana_current-account,
  title = {Ghana Current Account Balance},
  url = {https://historysaid.com/ghana/current-account},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Ghana Current Account Balance – Historical Data
Year	Value	Change	Rank
2030* IMF	-0.08%	–	–
2029* IMF	0.34%	–	–
2028* IMF	0.32%	–	–
2027* IMF	0.83%	–	–
2026* IMF	1.67%	–	–
2025* IMF	1.81%	–	–
2024	2.04%	+2.95%	101st
2023	-0.91%	+1.42%	88th
2022	-2.33%	+0.49%	99th
2021	-2.82%	+0.23%	82nd
2020	-3.05%	−0.32%	73rd
2019	-2.73%	+0.31%	76th
2018	-3.04%	+0.28%	82nd
2017	-3.32%	+1.73%	70th
2016	-5.04%	+0.67%	63rd
2015	-5.71%	+1.05%	60th
2014	-6.76%	+2.32%	51st
2013	-9.08%	+2.82%	45th
2012	-11.90%	−2.90%	28th
2011	-9.00%	−0.47%	49th
2010	-8.53%	−1.25%	48th
2009	-7.28%	+4.32%	50th
2008	-11.60%	−2.02%	45th
2007	-9.58%	−4.52%	38th
2006	-5.06%	+5.22%	69th
2005	-10.28%	−3.64%	26th
2004	-6.65%	−7.98%	37th
2003	1.33%	+3.04%	111th
2002	-1.71%	+6.34%	78th
2001	-8.04%	−0.29%	22nd
2000	-7.75%	+4.74%	25th
1999	-12.49%	−5.52%	18th
1998	-6.97%	−1.12%	42nd
1997	-5.85%	−1.43%	47th
1996	-4.43%	−2.20%	57th
1995	-2.22%	+2.45%	76th
1994	-4.67%	+4.69%	47th
1993	-9.36%	−3.49%	18th
1992	-5.88%	−2.06%	34th
1991	-3.82%	−0.03%	54th
1990	-3.79%	−2.00%	48th
1989	-1.79%	−0.50%	76th
1988	-1.29%	+0.64%	80th
1987	-1.93%	−0.44%	68th
1986	-1.49%	+1.49%	73rd
1985	-2.97%	−2.09%	59th
1984	-0.88%	+3.36%	79th
1983	-4.24%	−1.59%	60th
1982	-2.66%	+7.27%	89th
1981	-9.93%	−10.61%	39th
1980	0.68%	−2.39%	92nd
1979	3.07%	+4.33%	87th
1978	-1.25%	+1.25%	69th
1977	-2.50%	+0.18%	50th
1976	-2.68%	−3.30%	36th
1975	0.63%	–	39th

Show all years (1975–2024)

* IMF World Economic Outlook projection

Detected Pattern▾

Currency Crisis Pattern

Rapid currency depreciation (>30% YoY) combined with reserve drawdown and inflation surge. Often precedes emergency rate hikes.

Inflation 38.1% Reserves YoY -30.4% FX YoY +33.2%

This pattern occurred 111 times in G20 history, 31 successful

Argentina 2023

Inflation

133.5%

Reserves YoY

-48.5%

FX YoY

+126.8%

Ghana 2023

Inflation

38.1%

Reserves YoY

-30.4%

FX YoY

+33.2%

Lebanon 2023

Inflation

221.3%

Reserves YoY

-15.4%

FX YoY

+820.4%

Sierra Leone 2023

Inflation

47.6%

Reserves YoY

-20.6%

FX YoY

+51.7%

Ghana 2022

Inflation

31.3%

Reserves YoY

-47.5%

FX YoY

+42.5%

24 mo later

22.8%

Lao PDR 2022

Inflation

23.0%

Reserves YoY

-19.2%

FX YoY

+44.7%

24 mo later

23.1%

HistorySaid – pattern alert

Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 28% of countries showing this pattern (31 out of 111) saw current account balance improve within 24 months. View full analysis →