Ghana recorded a Current Account deficit of 2.50 percent of the country's Gross Domestic Product in 2020. source: Bank of Ghana

Current Account to GDP in Ghana averaged -4.85 percent of GDP from 1980 until 2020, reaching an all time high of 0.10 percent of GDP in 2003 and a record low of -11.90 percent of GDP in 2008. This page provides - Ghana Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Current Account to GDP - values, historical data and charts - was last updated on October of 2021.

Current Account to GDP in Ghana is expected to reach -2.30 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana Current Account to GDP is projected to trend around -2.60 percent of GDP in 2022 and -2.80 percent of GDP in 2023, according to our econometric models.

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Ghana Current Account to GDP


Related Last Previous Unit Reference
Balance of Trade -53.40 38.50 USD Million Aug/21
Current Account -774.45 -370.85 USD Million Jun/21
Current Account to GDP -2.50 -2.80 percent of GDP Dec/20
Exports 992.20 1215.30 USD Million Aug/21
Imports 1176.86 1109.18 USD Million Jul/21
Capital Flows 3669.30 16.75 USD Million Jun/21
Oil Exports 261.40 417.20 USD Million Aug/21
External Debt 28072.15 24598.81 USD Million Jun/21
Ghana Current Account to GDP
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.