Ghana recorded a Current Account deficit of 663 USD Million in the second quarter of 2020.

Current Account in Ghana averaged -613.57 USD Million from 2003 until 2020, reaching an all time high of 327.96 USD Million in the first quarter of 2017 and a record low of -2184.01 USD Million in the third quarter of 2013. This page provides - Ghana Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Current Account - values, historical data and charts - was last updated on August of 2020. source: Bank of Ghana

Current Account in Ghana is expected to be -1270.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Ghana to stand at -450.00 in 12 months time. In the long-term, the Ghana Current Account is projected to trend around 300.00 USD Million in 2021 and -1000.00 USD Million in 2022, according to our econometric models.

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Ghana Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-663.00 199.90 327.96 -2184.01 2003 - 2020 USD Million Quarterly

Ghana Trade Last Previous Highest Lowest Unit
Balance of Trade -80.00 11.80 477.96 -733.10 USD Million [+]
Current Account -663.00 199.90 327.96 -2184.01 USD Million [+]
Current Account to GDP -2.80 -3.10 0.10 -11.90 percent [+]
Imports 974.65 897.54 1707.00 65.23 USD Million [+]
Exports 1175.40 1055.60 1433.93 141.92 USD Million [+]
Capital Flows 437.30 1375.70 3067.60 -621.92 USD Million [+]
Gold Reserves 8.70 8.74 8.74 8.70 Tonnes [+]
Oil Exports 241.80 163.00 470.09 0.00 USD Million [+]
Terrorism Index 1.56 0.16 1.56 0.00 [+]
Crude Oil Production 204.00 206.00 218.00 1.40 BBL/D/1K [+]
External Debt 24000.00 22900.00 24000.00 2310.06 USD Million [+]


Ghana Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).