Current Account in Ghana

Ghana Current Account | Economic News & Forecasts

Ghana - Current Account

The economy seems to have finished 2018 on a strong footing, following a robust third-quarter outturn, which came against the backdrop of surging mining and quarrying output. Easing inflationary pressures and the more stable cedi likely propped up household consumption growth in the fourth quarter. This was reflected by consumer sentiment rising in December. Furthermore, the average PMI improved slightly in Q4 from the previous quarter, on the back of healthy new orders growth pointing to sustained demand in the manufacturing sector. On the external front, metrics were less upbeat in Q4, as reflected by contracting merchandise exports. This came against the backdrop of cooling global growth and continued global trade war tensions.

Ghana - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-12.6  -9.9  -7.8  -6.7  -4.5  

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Ghana Current Account Chart

Ghana Current Account
Note: Current account balance as % of GDP.
Source: Bank of Ghana

Ghana Facts

Exchange Rate5.640.0 %Mar 11
Stock Market0.10.0 %Mar 11

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