Ghana Current Account to GDP  1980-2017 | Data | Chart | Calendar

Ghana recorded a Current Account deficit of 6.40 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Ghana averaged -5.07 percent from 1980 until 2016, reaching an all time high of 0.10 percent in 2003 and a record low of -11.90 percent in 2008.

Ghana Current Account to GDP
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Ghana Trade Last Previous Highest Lowest Unit
Balance of Trade 1001.00 46.90 1001.00 -1638.10 USD Million [+]
Exports 3948.50 3126.10 4118.30 565.06 USD Million [+]
Imports 2974.47 3079.21 4747.16 692.74 USD Million [+]
Current Account 316.85 -753.17 316.85 -2184.00 USD Million [+]
Current Account to GDP -3.90 -7.80 0.10 -12.60 percent [+]
Capital Flows -523.43 2325.11 2758.18 -523.43 USD Million [+]
Gold Reserves 8.70 8.74 8.74 8.70 Tonnes [+]
Terrorism Index 0.35 1.38 1.38 0.00 [+]
Crude Oil Production 165.00 160.00 165.00 1.40 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Ghana Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Ghana Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3.90 -7.80 0.10 -12.60 1980 - 2016 percent Yearly

current account to gdp by Country

Switzerland 11.50 Dec/15
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16