Trade openness — all countries

Trade openness — Ghana

Trade openness in Ghana in 2024 — 68.97%. Ranked 106 in the world out of 172. Since 1960, the indicator has risen by 5.33 pp.

2024 68.97% +4.58 pp vs 2023
World rank 106of 172
Period maximum 116.05%2000
Period minimum 6.32%1982

Trend over time

1960–2024 · % of GDP

Trade openness — Ghana, 1960–202405010015019601967197419811988199520022009201620231960: 63.64%1962: 52.68%1964: 43.77%1966: 34.26%1968: 41.18%1970: 44.05%1972: 35.91%1974: 40.13%1976: 31.75%1978: 18.05%1980: 17.62%1982: 6.32%1984: 18.81%1986: 36.71%1988: 42.25%1990: 42.73%1992: 45.99%1994: 62.02%1996: 72.2%1998: 80.6%2000: 116.05%2002: 97.49%2004: 99.67%2006: 64.52%2008: 69.51%2010: 75.38%2012: 93.17%2014: 63.84%2016: 67.88%2018: 67.96%2020: 66.58%2022: 70.12%2024: 68.97%
Change over the period: +5.33 pp Annual average: 0.08 pp

Comparison, 2024

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

Ghana 68.97%
World 56.72%
Western Africa computed 60.17%
Trade openness — Ghana, by year Ghana All countries CSV XLSX
Year % Change, pp
2024 68.97 +4.58 pp
2023 64.39 −5.73 pp
2022 70.12 +7.41 pp
2021 62.71 −3.87 pp
2020 66.58 −10.25 pp
2019 76.82 +8.87 pp
2018 67.96 −2.59 pp
2017 70.55 +2.67 pp
2016 67.88 −8.64 pp
2015 76.52 +12.68 pp
2014 63.84 +3.08 pp
2013 60.76 −32.41 pp
2012 93.17 +6.87 pp
2011 86.3 +10.92 pp
2010 75.38 +3.78 pp
2009 71.59 +2.08 pp
2008 69.51 +4.16 pp
2007 65.35 +0.84 pp
2006 64.52 −33.65 pp
2005 98.17 −1.5 pp
2004 99.67 +2.38 pp
2003 97.29 −0.2 pp
2002 97.49 −12.56 pp
2001 110.05 −6 pp
2000 116.05 +34.34 pp
1999 81.71 +1.11 pp
1998 80.6 −4.8 pp
1997 85.4 +13.2 pp
1996 72.2 +14.78 pp
1995 57.42 −4.6 pp
1994 62.02 +5.35 pp
1993 56.67 +10.68 pp
1992 45.99 +3.51 pp
1991 42.49 −0.24 pp
1990 42.73 +1.64 pp
1989 41.09 −1.16 pp
1988 42.25 −3.6 pp
1987 45.85 +9.14 pp
1986 36.71 +12.47 pp
1985 24.24 +5.43 pp
1984 18.81 +7.27 pp
1983 11.54 +5.22 pp
1982 6.32 −3.76 pp
1981 10.08 −7.54 pp
1980 17.62 −4.77 pp
1979 22.39 +4.35 pp
1978 18.05 −4 pp
1977 22.05 −9.7 pp
1976 31.75 −6.05 pp
1975 37.8 −2.33 pp
1974 40.13 +2.28 pp
1973 37.85 +1.93 pp
1972 35.91 −0.09 pp
1971 36 −8.05 pp
1970 44.05 +3.97 pp
1969 40.08 −1.1 pp
1968 41.18 +3.81 pp
1967 37.37 +3.11 pp
1966 34.26 −9.61 pp
1965 43.86 +0.09 pp
1964 43.77 −4.87 pp
1963 48.64 −4.05 pp
1962 52.68 −9.9 pp
1961 62.58 −1.06 pp
1960 63.64

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.