Ghana's net secondary income (net current transfers from abroad) (current US$) was US$2.77 billion in 2017, the latest year in the World Bank's World Development Indicators. That is up 35.4% from US$2.05 billion in 2007 (3.08% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$2.77 billion | 2017 |
| Five years earlier | US$2.37 billion | 2012 |
| Ten years earlier | US$2.05 billion | 2007 |
| Highest | US$3.13 billion | 2016 |
| Lowest | −US$15.69 million | 1968 |
| Average since 2008 | US$2.4 billion | 2008–2017 |
| First recorded | −US$15.1 million |
What the numbers say
In 2017, Ghana's net secondary income (net current transfers from abroad) (current US$) fell US$355 million on 2016 (from US$3.13 billion to US$2.77 billion).
Across the 30 yearly changes before that (1987 to 2016), the average change was +US$101.87 million and a typical year strayed about US$222.19 million from that (the standard deviation). This year's change was 2.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$599.9 million in 2004 and the biggest yearly fall was US$453.6 million in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2008 to 2017 the straight-line trend is upward, about US$68.99 million a year. A straight line explains 32% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Ghana in the 2017 ranking
- Central African Republic — 2nd of 2: US$162.92 million
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 51 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2017 | 2,774,182,395 |
| 2016 | 3,129,178,869 |
| 2015 | 2,586,099,962 |
| 2014 | 2,031,279,586 |
| 2013 | 1,913,408,593 |
| 2012 | 2,367,012,281 |
| 2011 | 2,582,342,852 |
| 2010 | 2,323,283,214 |
| 2009 | 2,098,164,370 |
| 2008 | 2,223,230,144 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Angola — −US$344.35 million (2025)
- Benin — US$306.5 million (2025)
- Botswana — US$2.06 billion (2024)
- Burkina Faso — US$738.76 million (2022)
- Burundi — US$281.65 million (2025)
- Cabo Verde — US$499.14 million (2025)
- Cameroon — US$981.56 million (2025)
- Central African Republic — US$162.92 million (2017)
More economic policy & debt data for Ghana
- Total reserves, including gold (current US$) — US$12.13 billion (2025)
- Total reserves, excluding gold (current US$) — US$9.51 billion (2025)
- Agriculture, forestry, and fishing, value added (current US$) — US$24.3 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 305.12 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 21.28% (2025)
- GDP (current US$) — US$114.21 billion (2025)
- GDP (current LCU) — 1.43 trillion (2025)
- GDP (constant 2015 US$) — US$79.27 billion (2025)
- GDP (constant LCU) — 209.64 billion (2025)
- GDP per capita (current US$)
Reading data like this
Questions people ask
- What is Ghana's net secondary income (net current transfers from abroad) (current US$)?
- US$2.77 billion in 2017, according to the World Bank (World Development Indicators).
- How has it changed since 1967?
- It is up 18,470% from −US$15.1 million in 1967. The highest value was US$3.13 billion in 2016 and the lowest −US$15.69 million in 1968.
- Is the latest change in net secondary income (net current transfers from abroad) (current US$) unusual for Ghana?
- In 2017, Ghana's net secondary income (net current transfers from abroad) (current US$) fell US$355 million on 2016 (from US$3.13 billion to US$2.77 billion). Across the 30 yearly changes before that (1987 to 2016), the average change was +US$101.87 million and a typical year strayed about US$222.19 million from that (the standard deviation). This year's change was 2.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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