Ghana - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Ghana was $24,545,370,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $26,908,260,000 in 2019 and $634,400,000 in 1983.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1975 $881,570,000
1976 $950,527,000
1977 $1,121,223,000
1978 $1,072,880,000
1979 $1,064,037,000
1980 $1,178,200,000
1981 $1,249,600,000
1982 $816,900,000
1983 $634,400,000
1984 $696,000,000
1985 $836,400,000
1986 $975,850,000
1987 $1,200,800,000
1988 $1,261,400,000
1989 $1,287,500,000
1990 $1,505,500,000
1991 $1,655,052,000
1992 $1,881,800,000
1993 $2,173,300,000
1994 $2,000,700,000
1995 $2,119,500,000
1996 $2,375,450,000
1997 $2,612,424,000
1998 $3,651,030,000
1999 $3,925,900,000
2000 $3,350,218,000
2001 $3,574,531,000
2002 $3,327,932,000
2003 $4,154,808,000
2004 $5,379,066,000
2005 $6,620,401,000
2006 $8,286,494,000
2007 $10,064,700,000
2008 $12,566,560,000
2009 $10,989,380,000
2010 $13,925,330,000
2011 $19,504,160,000
2012 $21,999,100,000
2013 $22,498,040,000
2014 $19,247,100,000
2015 $20,773,840,000
2016 $20,536,470,000
2017 $22,122,770,000
2018 $23,220,560,000
2019 $26,908,260,000
2020 $24,545,370,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Ghana was $24,550,200,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $26,908,040,000 in 2019 and $120,354,800 in 1982.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $431,423,300
1961 $474,845,800
1962 $393,603,700
1963 $423,018,900
1964 $413,213,900
1965 $549,084,200
1966 $417,416,100
1967 $348,508,200
1968 $347,109,500
1969 $399,077,900
1970 $503,014,700
1971 $489,222,600
1972 $321,158,600
1973 $404,225,300
1974 $631,055,900
1975 $518,085,100
1976 $443,644,100
1977 $368,285,700
1978 $354,799,300
1979 $448,718,000
1980 $406,950,200
1981 $224,767,400
1982 $120,354,800
1983 $242,989,400
1984 $475,228,300
1985 $612,110,900
1986 $1,153,287,000
1987 $1,328,871,000
1988 $1,250,711,000
1989 $1,278,450,000
1990 $1,522,369,000
1991 $1,683,755,000
1992 $1,845,128,000
1993 $2,172,624,000
1994 $2,001,558,000
1995 $2,128,753,000
1996 $2,780,427,000
1997 $3,651,811,000
1998 $3,495,721,000
1999 $3,830,866,000
2000 $3,350,893,000
2001 $3,444,744,000
2002 $3,383,650,000
2003 $4,320,561,000
2004 $5,361,417,000
2005 $6,631,860,000
2006 $8,325,438,000
2007 $10,137,020,000
2008 $12,757,650,000
2009 $11,019,100,000
2010 $14,778,900,000
2011 $19,416,440,000
2012 $21,794,700,000
2013 $22,188,180,000
2014 $19,505,250,000
2015 $21,091,450,000
2016 $20,603,500,000
2017 $22,151,920,000
2018 $23,220,690,000
2019 $26,908,040,000
2020 $24,550,200,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Ghana was 137,376,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 140,390,000,000 in 2019 and a minimum value of 28,100 in 1962.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 30,800
1961 33,900
1962 28,100
1963 30,200
1964 29,500
1965 39,200
1966 29,800
1967 30,000
1968 35,400
1969 40,700
1970 51,300
1971 50,600
1972 42,800
1973 57,400
1974 101,600
1975 97,400
1976 104,700
1977 128,900
1978 203,300
1979 315,000
1980 392,300
1981 386,600
1982 257,800
1983 1,102,200
1984 2,914,100
1985 4,661,800
1986 10,297,200
1987 19,534,400
1988 25,294,000
1989 34,499,600
1990 49,653,000
1991 61,962,200
1992 80,632,100
1993 141,003,300
1994 191,348,900
1995 255,237,500
1996 454,599,800
1997 747,890,900
1998 808,210,800
1999 1,021,309,000
2000 1,825,902,000
2001 2,467,470,000
2002 2,681,204,000
2003 3,745,062,000
2004 4,822,594,000
2005 6,003,160,000
2006 7,618,608,000
2007 9,453,783,000
2008 13,424,880,000
2009 15,481,830,000
2010 21,133,830,000
2011 29,524,650,000
2012 39,773,160,000
2013 43,963,660,000
2014 56,498,900,000
2015 78,346,300,000
2016 80,555,560,000
2017 96,371,930,000
2018 106,474,000,000
2019 140,390,000,000
2020 137,376,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Ghana was 24,920,640,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 27,319,650,000 in 2019 and 8,409,575,000 in 2006.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2006 8,409,575,000
2007 10,232,720,000
2008 12,753,230,000
2009 11,152,590,000
2010 14,130,450,000
2011 19,793,890,000
2012 22,324,740,000
2013 22,832,200,000
2014 19,541,360,000
2015 21,091,450,000
2016 20,860,740,000
2017 22,461,000,000
2018 23,575,580,000
2019 27,319,650,000
2020 24,920,640,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Ghana was -8.78 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 40.08 in 2011 and a minimum value of -14.41 in 2014.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2007 21.68
2008 24.63
2009 -12.55
2010 26.70
2011 40.08
2012 12.79
2013 2.27
2014 -14.41
2015 7.93
2016 -1.09
2017 7.67
2018 4.96
2019 15.88
2020 -8.78

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Ghana was 47,984,970,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 52,604,300,000 in 2019 and a minimum value of 16,192,730,000 in 2006.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2006 16,192,730,000
2007 19,703,210,000
2008 24,556,480,000
2009 21,474,450,000
2010 27,208,340,000
2011 38,113,350,000
2012 42,986,550,000
2013 43,963,660,000
2014 37,627,120,000
2015 40,611,820,000
2016 40,167,600,000
2017 43,248,900,000
2018 45,395,040,000
2019 52,604,300,000
2020 47,984,970,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Ghana was 35.82 as of 2020. Its highest value over the past 60 years was 67.25 in 2000, while its lowest value was 2.98 in 1982.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 35.44
1961 36.45
1962 28.47
1963 27.45
1964 23.87
1965 26.74
1966 19.63
1967 19.95
1968 20.82
1969 20.34
1970 22.71
1971 20.24
1972 15.20
1973 16.40
1974 21.80
1975 18.44
1976 16.04
1977 11.55
1978 9.69
1979 11.16
1980 9.15
1981 5.32
1982 2.98
1983 5.99
1984 10.77
1985 13.59
1986 20.14
1987 26.19
1988 24.06
1989 24.34
1990 25.85
1991 25.52
1992 28.77
1993 36.42
1994 36.76
1995 32.93
1996 40.09
1997 52.99
1998 46.73
1999 49.63
2000 67.25
2001 64.81
2002 54.87
2003 56.61
2004 60.37
2005 61.72
2006 40.73
2007 40.83
2008 44.48
2009 42.30
2010 45.90
2011 49.36
2012 52.81
2013 35.32
2014 35.60
2015 42.69
2016 36.68
2017 36.67
2018 34.50
2019 39.38
2020 35.82

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments