Ghana: Foreign exchange reserves

* indicates monthly or quarterly data series
The most recent value is 5.03 billion U.S. Dollar as of January 2024, an increase compared to the previous value of 4.46 billion U.S. Dollar. Historically, the average for Ghana from January 2000 to January 2024 is 4.06 billion U.S. Dollar. The minimum of 0.2 billion U.S. Dollar was recorded in May 2001, while the maximum of 11.59 billion U.S. Dollar was reached in August 2021. Click on the following link to see the values of: Foreign exchange reserves around the world.
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* indicates monthly or quarterly data series

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Recent values Ghana: Foreign exchange reserves, billion currency units
2024  Jan 5.03
2023  Dec 4.46
2023  Nov 3.6
2023  Oct 3.81
2023  Sep 3.45
2023  Aug 3.69
2023  Jul 3.97
2023  Jun 4.14


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest Reference Measure
 Terms of trade 122.89 2021 percent
 Trade openness 69.04 2023 percent
 Financial openness -1.931 2021 index points
 Exports, percent of GDP 34.04 2023 percent
 Exports, billion dollars 25.99 2023 billion U.S. dollars
 Growth of exports 0.13 2023 percent
 Imports, percent of GDP 35.00 2023 percent
 Imports, billion dollars 26.73 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.73 2023 percent
 Foreign Direct Investment, billion dollars 1.51 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2022 million dollars (current)
 Current account, percent of GDP -1.70 2023 percent
 Current account, in dollars -1.52 2022 billion U.S. dollars
 Trade balance, percent of GDP -0.96 2023 percent
 Trade balance, in dollars -0.58 2022 billion U.S. dollars
 Reserves 3.62 2023 billion U.S. dollars
 Remittances, percent of GDP 6.41 2023 percent
 Remittances 4,892.65 2023 million U.S. dollars
 Net errors and omissions 18.69 2022 million USD
 External debt 61.43 2022 percent
 Short-term external debt 11.56 2022 percent
 Short-term debt to reserves 51.85 2021 percent
 Foreign exchange reserves 5.03 1/2024 billion
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