Ghana - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Ghana was -3.60 as of 2020. Its highest value over the past 60 years was 5.51 in 1972, while its lowest value was -25.27 in 2005.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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

See also:

Year Value
1960 -7.25
1961 -10.32
1962 -4.26
1963 -6.27
1964 -3.96
1965 -9.62
1966 -5.01
1967 -2.53
1968 -0.47
1969 -0.60
1970 -1.37
1971 -4.48
1972 5.51
1973 5.06
1974 -3.48
1975 0.93
1976 -0.34
1977 -1.05
1978 -1.33
1979 0.07
1980 -0.69
1981 -0.57
1982 0.36
1983 -0.43
1984 -2.73
1985 -2.93
1986 -3.56
1987 -6.52
1988 -5.88
1989 -7.60
1990 -8.97
1991 -8.56
1992 -11.54
1993 -16.16
1994 -11.50
1995 -8.43
1996 -7.98
1997 -20.58
1998 -12.86
1999 -17.55
2000 -18.44
2001 -19.58
2002 -12.26
2003 -15.93
2004 -21.06
2005 -25.27
2006 -15.54
2007 -16.30
2008 -19.46
2009 -13.01
2010 -16.42
2011 -12.42
2012 -12.45
2013 -9.88
2014 -7.37
2015 -8.86
2016 -5.49
2017 -2.79
2018 -1.05
2019 -1.93
2020 -3.60

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts