Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Ghana

Fuel imports (% of merchandise imports) in Ghana in 2023 — 32.1%. Ranked 12 in the world out of 160. Since 1962, the indicator has risen by 25.96 pp.

2023 32.1% +5.35 pp vs 2022
World rank 12of 160
Period maximum 35.44%1982
Period minimum 0.97%2010

Trend over time

1962–2023 · % of merchandise imports

Fuel imports (% of merchandise imports) — Ghana, 1962–202301020304019621969197619831990199720042011201820231962: 6.15%1963: 5.86%1964: 5.82%1965: 4.14%1966: 4.21%1967: 5.98%1968: 6.84%1969: 6.45%1970: 5.82%1971: 6.11%1972: 11.53%1973: 8.95%1974: 16.59%1975: 16.65%1976: 14.93%1977: 15.7%1978: 13.83%1979: 20.62%1980: 26.66%1981: 30.65%1982: 35.44%1983: 10.13%1984: 34.74%1992: 17.43%1996: 5.82%1997: 23.22%1998: 18.37%1999: 17.7%2000: 21.44%2001: 22.69%2002: 8.57%2003: 18.59%2004: 1.6%2005: 13.7%2006: 13.77%2007: 12.42%2008: 13.83%2009: 3.04%2010: 0.97%2011: 7.17%2012: 4.06%2013: 3.69%2014: 7.32%2015: 11.58%2016: 1.75%2017: 2.37%2018: 2.04%2019: 2.86%2021: 14.91%2022: 26.75%2023: 32.1%
Change over the period: +25.96 pp Annual average: 0.43 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Ghana

Ghana 32.1%
World 14.07%
Western Africa computed 30.23%
Fuel imports (% of merchandise imports) — Ghana, by year Ghana All countries CSV XLSX
Year % Change, pp
2023 32.1 +5.35 pp
2022 26.75 +11.84 pp
2021 14.91
2019 2.86 +0.82 pp
2018 2.04 −0.33 pp
2017 2.37 +0.62 pp
2016 1.75 −9.83 pp
2015 11.58 +4.25 pp
2014 7.32 +3.63 pp
2013 3.69 −0.37 pp
2012 4.06 −3.12 pp
2011 7.17 +6.2 pp
2010 0.97 −2.07 pp
2009 3.04 −10.79 pp
2008 13.83 +1.4 pp
2007 12.42 −1.35 pp
2006 13.77 +0.07 pp
2005 13.7 +12.1 pp
2004 1.6 −16.99 pp
2003 18.59 +10.02 pp
2002 8.57 −14.12 pp
2001 22.69 +1.25 pp
2000 21.44 +3.74 pp
1999 17.7 −0.66 pp
1998 18.37 −4.86 pp
1997 23.22 +17.4 pp
1996 5.82
1992 17.43
1984 34.74 +24.61 pp
1983 10.13 −25.31 pp
1982 35.44 +4.79 pp
1981 30.65 +3.99 pp
1980 26.66 +6.04 pp
1979 20.62 +6.8 pp
1978 13.83 −1.87 pp
1977 15.7 +0.77 pp
1976 14.93 −1.72 pp
1975 16.65 +0.06 pp
1974 16.59 +7.64 pp
1973 8.95 −2.58 pp
1972 11.53 +5.42 pp
1971 6.11 +0.29 pp
1970 5.82 −0.63 pp
1969 6.45 −0.39 pp
1968 6.84 +0.87 pp
1967 5.98 +1.77 pp
1966 4.21 +0.07 pp
1965 4.14 −1.68 pp
1964 5.82 −0.04 pp
1963 5.86 −0.29 pp
1962 6.15

About the indicator

The share of fuel in merchandise imports — the reverse side of fuel dependence. The indicator measures vulnerability to rising energy prices: a country spending a quarter of its imports on fuel loses as much when prices double as an exporter does when they fall. The series reacts visibly to oil shocks, and it shows that in the 1970s the share of fuel in the imports of developed countries rose several times over.

Important: The share is of value, not of volume, so it rises when fuel becomes more expensive even with no change in physical deliveries. The aggregate is weighted by merchandise imports — the denominator of the indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.