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