Ghana Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Ghana's trade balance was $1.5B in 2025, ranked 63rd globally. This represents a 57.2% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Ghana's trade balance stood at $1.5B in 2025, a rise of +$545.7M from 2024. Based on recent trends, this figure is projected to reach $1.5B by 2025. Ghana ranked 63rd globally.
Ghana’s trade balance has swung dramatically over the 66‑year series, moving from a deficit of ‑88,245,680.07 in 1960 to a historic surplus of 1,499,076,342.91 in 2025, the highest value recorded and ranking the country 63rd globally. The most severe shortfall occurred in 2013 when the balance plunged to ‑6,207,746,511.94, reflecting a period of weak export performance and rising import demand. Since that trough, successive fiscal adjustments and diversification of export commodities have propelled the surplus upward, surpassing peers such as the Virgin Islands (US) with a 2025 surplus of 1,310,500,000.00 and approaching the level of Cyprus at 1,674,348,736.89. The sustained improvement suggests that continued investment in value‑added industries and trade‑facilitating infrastructure could further solidify Ghana’s positive balance, while any reversal in global commodity prices or domestic production capacity would likely temper the upward trajectory.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $3.1B | - | - |
| 2026* trend | $2.3B | - | - |
| 2025* trend | $1.5B | - | - |
| 2025 | $1.5B | +$545.7M | #63 |
| 2024 | $953.4M | +$1.6B | #97 |
| 2023 | $-681.6M | −$99.6M | #75 |
| 2022 | $-582.0M | +$1.5B | #86 |
| 2021 | $-2.1B | +$402.1M | #52 |
| 2020 | $-2.5B | −$1.2B | #46 |
| 2019 | $-1.3B | −$610.8M | #64 |
| 2018 | $-705.4M | +$982.2M | #81 |
| 2017 | $-1.7B | +$1.4B | #55 |
| 2016 | $-3.1B | +$1.3B | #35 |
| 2015 | $-4.4B | −$347.7M | #34 |
| 2014 | $-4.0B | +$2.2B | #33 |
| 2013 | $-6.2B | −$1.1B | #26 |
| 2012 | $-5.1B | −$251.7M | #27 |
| 2011 | $-4.9B | +$401.8M | #29 |
Detected Pattern
Analysis
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically, 27% of countries showing this pattern (35 out of 128) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Ghana's trade balance was $1.5B in 2025. Ranked 63rd globally. This represents a 57.2% increase from the previous year.
Ghana's trade balance peaked at $1.5B in 2025.
The lowest trade balance in Ghana was $-6.2B in 2013.
Ghana ranks 63rd globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Ghana's trade balance is projected to reach $1.5B by 2025 based on trend extrapolation.
Ghana's trade balance was approximately 1.5 billion ($1.5B) in 2025.
The trade balance of Ghana in 2025 was $1.5B. This ranks 63rd in the world.
Cite this page
@misc{historysaid_ghana_trade-balance,
title = {Ghana Trade Balance},
url = {https://historysaid.com/ghana/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}