Ghana - Trade Openness 2023
64.39%
−5.73% from 2022
Ghana's trade openness was 64.39% in 2023, decreased +5.73% from 70.12% in 2022. This was the 53rd highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 2.47% | -8.3% |
| 2nd | United States | 25.29% | -7.4% |
| 3rd | Argentina | 26.68% | -15.5% |
| 4th | Pakistan | 28.47% | -13.8% |
| 5th | Haiti | 30.79% | -15.7% |
| 6th | Bangladesh | 30.98% | -8.3% |
| 7th | Uganda | 33.34% | -3.4% |
| 8th | Brazil | 33.67% | -13.3% |
| 9th | Turkmenistan | 34.10% | -8.7% |
| 10th | China | 36.11% | -3.6% |
| 11th | Cameroon | 37.89% | -8.2% |
| 12th | Tanzania | 38.21% | 9.2% |
| 13th | Gambia, The | 39.96% | -10.6% |
| 14th | Zimbabwe | 40.29% | -26.8% |
| 15th | Colombia | 40.39% | -16.4% |
| 16th | Egypt, Arab Republic of | 40.45% | 9.4% |
| 17th | Guinea-Bissau | 40.47% | -11.5% |
| 18th | Russian Federation | 40.83% | -4.6% |
| 19th | Kenya | 41.11% | 2.1% |
| 20th | Indonesia | 41.34% | -9.1% |
| 21st | Nepal | 41.57% | -15.1% |
| 22nd | Malawi | 42.44% | -2.7% |
| 23rd | Central African Republic | 43.48% | -3.9% |
| 24th | Sri Lanka | 43.54% | -6.7% |
| 25th | Algeria | 43.74% | -14.6% |
| 26th | Benin | 44.66% | 0.6% |
| 27th | India | 44.99% | -10.1% |
| 28th | Japan | 45.15% | -3.6% |
| 29th | Comoros | 45.68% | -9.3% |
| 30th | Niger | 46.48% | -12.0% |
| 31st | Chad | 46.90% | -2.3% |
| 32nd | Guatemala | 48.30% | -11.3% |
| 33rd | Côte d'Ivoire | 48.82% | -7.7% |
| 34th | Australia | 49.04% | 7.3% |
| 35th | Iran, Islamic Republic of | 49.39% | 1.0% |
| 36th | Bolivia, Plurinational State of | 49.61% | -13.8% |
| 37th | Dominican Republic | 49.84% | -8.3% |
| 38th | New Zealand | 50.41% | -5.7% |
| 39th | Peru | 50.79% | -11.4% |
| 40th | New Caledonia | 51.63% | 2.3% |
| 41st | Uruguay | 52.91% | -13.3% |
| 42nd | Angola | 53.03% | -4.0% |
| 43rd | Saudi Arabia | 54.17% | -4.7% |
| 44th | Sierra Leone | 55.29% | 22.7% |
| 45th | Ecuador | 57.00% | -7.9% |
| 46th | Mali | 57.53% | -6.5% |
| 47th | Israel | 57.99% | -4.4% |
| 48th | Chile | 60.72% | -19.3% |
| 49th | Madagascar | 61.13% | -13.3% |
| 50th | Equatorial Guinea | 61.44% | -24.9% |
| 51st | Kazakhstan | 62.33% | -8.8% |
| 52nd | Burkina Faso | 63.13% | -6.5% |
| 53rd | Ghana | 64.39% | -8.2% |
| 54th | Rwanda | 64.91% | 6.2% |
| 55th | United Kingdom | 64.99% | -6.1% |
| 56th | Italy | 65.11% | -9.6% |
| 57th | Tajikistan | 65.63% | 0.3% |
| 58th | South Africa | 65.68% | 1.1% |
| 59th | Türkiye | 65.68% | -17.8% |
| 60th | Uzbekistan | 66.11% | 5.2% |
| 61st | Canada | 66.63% | -1.0% |
| 62nd | Philippines | 67.42% | -6.9% |
| 63rd | Afghanistan | 67.58% | -7.3% |
| 64th | Botswana | 68.80% | -19.6% |
| 65th | Iraq | 69.46% | 1.0% |
| 66th | France | 70.63% | -7.0% |
| 67th | Senegal | 71.39% | -10.3% |
| 68th | French Polynesia | 71.67% | 3.1% |
| 69th | Spain | 71.80% | -8.5% |
| 70th | Costa Rica | 72.47% | -11.9% |
| 71st | Mexico | 73.58% | -17.1% |
| 72nd | Bermuda | 73.59% | -2.1% |
| 73rd | Bahamas, The | 76.55% | 0.7% |
| 74th | Ukraine | 77.51% | -11.3% |
| 75th | Zambia | 78.24% | 12.9% |
| 76th | West Bank and Gaza | 79.53% | -3.5% |
| 77th | Tonga | 79.62% | 13.5% |
| 78th | Norway | 80.36% | -2.7% |
| 79th | Samoa | 80.84% | 32.9% |
| 80th | El Salvador | 81.71% | -7.9% |
| 81st | Bhutan | 81.74% | -4.5% |
| 82nd | Germany | 81.96% | -7.7% |
| 83rd | Korea | 82.26% | -9.2% |
| 84th | Albania | 82.35% | -2.8% |
| 85th | Paraguay | 82.41% | 11.8% |
| 86th | Romania | 83.38% | -11.3% |
| 87th | Azerbaijan | 83.54% | -4.0% |
| 88th | Finland | 85.56% | -9.5% |
| 89th | Congo, Democratic Republic of | 86.74% | 1.1% |
| 90th | Iceland | 87.40% | -6.1% |
| 91st | Panama | 88.35% | -5.5% |
| 92nd | Timor-Leste | 89.30% | -8.5% |
| 93rd | Gabon | 91.48% | -0.6% |
| 94th | Greenland | 91.89% | -1.6% |
| 95th | Mauritania | 92.17% | -9.7% |
| 96th | Greece | 92.47% | -14.5% |
| 97th | Morocco | 93.12% | -7.7% |
| 98th | Portugal | 93.14% | -8.1% |
| 99th | Moldova | 93.99% | -16.2% |
| 100th | Cabo Verde | 95.03% | -2.0% |
| 101st | European Union | 95.22% | -8.2% |
| 102nd | Guinea | 95.83% | 1.8% |
| 103rd | Kuwait | 96.08% | 5.7% |
| 104th | Congo, Republic of | 96.21% | -2.0% |
| 105th | Micronesia, Federated States of | 97.86% | 8.0% |
| 106th | Honduras | 98.79% | -12.3% |
| 107th | Bosnia and Herzegovina | 99.63% | -9.6% |
| 108th | Eswatini | 99.72% | 7.7% |
| 109th | Jordan | 100.35% | -3.6% |
| 110th | Solomon Islands | 101.13% | 35.1% |
| 111th | Puerto Rico (US) | 101.66% | 3.5% |
| 112th | Somalia, Fed. Rep. | 103.12% | 13.6% |
| 113th | Lebanon | 104.21% | -9.3% |
| 114th | Nicaragua | 105.00% | -9.1% |
| 115th | Mozambique | 106.06% | -21.6% |
| 116th | Belize | 106.40% | -1.3% |
| 117th | Oman | 106.45% | 0.7% |
| 118th | Palau | 106.70% | 1.4% |
| 119th | Georgia | 107.15% | -6.6% |
| 120th | Croatia | 107.28% | -14.5% |
| 121st | Kiribati | 107.60% | -0.1% |
| 122nd | Sweden | 107.62% | 0.5% |
| 123rd | Kosovo | 109.95% | -0.1% |
| 124th | Poland | 110.02% | -10.6% |
| 125th | Namibia | 110.77% | 11.6% |
| 126th | Tunisia | 112.13% | -3.4% |
| 127th | Faroe Islands | 113.34% | -7.8% |
| 128th | Serbia | 114.49% | -13.2% |
| 129th | Austria | 115.15% | -6.8% |
| 130th | Montenegro | 116.81% | -6.9% |
| 131st | Marshall Islands | 118.49% | -7.7% |
| 132nd | Bulgaria | 119.90% | -13.6% |
| 133rd | Cuba | 120.53% | 28.4% |
| 134th | Armenia | 123.42% | 18.8% |
| 135th | Thailand | 128.82% | -3.0% |
| 136th | Denmark | 129.63% | -1.8% |
| 137th | Belarus | 131.58% | 9.6% |
| 138th | Czechia | 131.89% | -8.4% |
| 139th | Kyrgyz Republic | 132.37% | -1.1% |
| 140th | Malaysia | 132.59% | -9.4% |
| 141st | Cambodia | 134.21% | -8.0% |
| 142nd | Switzerland | 135.32% | -2.3% |
| 143rd | Latvia | 135.64% | -15.2% |
| 144th | Brunei Darussalam | 136.86% | -6.9% |
| 145th | Lesotho | 141.51% | -0.6% |
| 146th | Mongolia | 142.86% | 4.8% |
| 147th | Nauru | 143.96% | -14.0% |
| 148th | Macao SAR, China | 145.87% | -14.4% |
| 149th | Mauritius | 147.32% | -0.2% |
| 150th | North Macedonia | 147.79% | -11.0% |
| 151st | Lithuania | 149.04% | -15.1% |
| 152nd | Maldives | 149.35% | -7.9% |
| 153rd | Estonia | 154.59% | -12.0% |
| 154th | Bahrain | 157.45% | -5.8% |
| 155th | Hungary | 158.39% | -14.4% |
| 156th | Aruba | 159.02% | -1.0% |
| 157th | Libya | 159.43% | 2.0% |
| 158th | Slovenia | 160.16% | -14.2% |
| 159th | Viet Nam | 164.82% | -10.0% |
| 160th | Netherlands | 165.03% | -10.4% |
| 161st | Belgium | 165.85% | -13.3% |
| 162nd | Seychelles | 180.83% | -4.7% |
| 163rd | Slovak Republic | 181.39% | -11.1% |
| 164th | Cyprus | 190.74% | -7.3% |
| 165th | United Arab Emirates | 199.04% | 7.2% |
| 166th | Malta | 221.06% | -9.8% |
| 167th | Ireland | 239.65% | 0.8% |
| 168th | Djibouti | 285.90% | -5.4% |
| 169th | Singapore | 325.69% | -2.0% |
| 170th | San Marino | 340.98% | -8.0% |
| 171st | Hong Kong SAR, China | 353.01% | -8.3% |
| 172nd | Luxembourg | 402.57% | -2.3% |
FAQ
What was Ghana's trade openness in 2023?▾
Ghana's trade openness in 2023 was 64.39%. This ranked 53rd globally.
How did Ghana's trade openness change in 2023?▾
Ghana's trade openness decreased by 8.2% in 2023 compared to 2022.
Which country had the highest trade openness in 2023?▾
Luxembourg had the highest trade openness in 2023 at 402.57%.
What is the trade openness of Ghana in 2023?▾
The trade openness of Ghana in 2023 was 64.39%. This ranked 53rd globally.
How does 2023 compare to 2022 for Ghana's trade openness?▾
Ghana's trade openness went from 70.12% in 2022 to 64.39% in 2023, a 8.2% decrease.
HistorySaid - pattern alert
Ghana matched the Currency Crisis Pattern pattern in 2023. Historically: 128 occurrences, 35 successful (27%). View full analysis →
Related
2022
2024
All years
Full ranking 2023
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2000
Lowest: 1982
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Egypt, Arab Republic of
vs Vanuatu
vs Zimbabwe
vs Côte d'Ivoire
African Union Trade Openness
Global Ranking