Ghana recorded a Current Account deficit of 829.50 USD Million in the third quarter of 2019. Current Account in Ghana averaged -590.22 USD Million from 2003 until 2019, reaching an all time high of 327.96 USD Million in the first quarter of 2017 and a record low of -2184 USD Million in the third quarter of 2013. source: Bank of Ghana

Current Account in Ghana is expected to be -1200.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Ghana to stand at -650.00 in 12 months time. In the long-term, the Ghana Current Account is projected to trend around -560.00 USD Million in 2020, according to our econometric models.

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Ghana Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-829.50 -333.70 327.96 -2184.00 2003 - 2019 USD Million Quarterly

Ghana Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Ghana Trade Last Previous Highest Lowest Unit
Balance of Trade 122.80 85.80 413.84 -733.10 USD Million [+]
Current Account -829.50 -333.70 327.96 -2184.00 USD Million [+]
Current Account to GDP -4.40 -4.50 0.10 -11.90 percent [+]
Imports 1185.60 1044.00 1707.00 65.23 USD Million [+]
Exports 1308.40 1129.60 1433.93 141.92 USD Million [+]
Capital Flows 1514.20 1517.80 2877.53 -621.92 USD Million [+]
Gold Reserves 8.74 8.74 8.74 8.70 Tonnes [+]
Terrorism Index 1.56 0.16 1.56 0.00 [+]
External Debt 20100.00 20500.00 20678.69 2310.06 USD Million [+]
Crude Oil Production 214.00 214.00 214.00 1.40 BBL/D/1K [+]