Fuel exports in Ghana
Ghana: Fuel exports was 24.5% in 2023. ◆ Volatile
Fuel exports in Ghana, 1962–2023
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
In 2023, fuel exports in Ghana stood at 24.5%.
The figure is down 20.9% on the previous year and down 0.9% over ten years.
Over the whole period, fuel exports in Ghana peaked at 40.4% in 2011 and was at its lowest, 0.0%, in 1962.
That places Ghana 41st out of 192 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Fuel exports in Ghana, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 0.0% | — |
| 1963 | 0.1% | — |
| 1964 | 1.0% | +1430.1% |
| 1965 | 1.0% | +2.0% |
| 1966 | 0.6% | -45.5% |
| 1967 | 0.7% | +21.7% |
| 1968 | 0.5% | -20.0% |
| 1969 | 0.7% | +26.0% |
| 1970 | 0.2% | -77.7% |
| 1971 | 0.8% | +423.6% |
| 1972 | 0.8% | +0.4% |
| 1973 | 0.7% | -15.5% |
| 1974 | 1.9% | +183.3% |
| 1975 | 2.8% | +44.3% |
| 1976 | 2.2% | -22.9% |
| 1977 | 1.6% | -25.2% |
| 1978 | 0.6% | -59.6% |
| 1979 | 1.0% | +46.4% |
| 1980 | 0.4% | -58.8% |
| 1981 | 12.3% | +3042.8% |
| 1982 | 9.8% | -20.6% |
| 1983 | 20.8% | +113.3% |
| 1984 | 3.9% | -81.3% |
| 1992 | 5.4% | +38.3% |
| 1996 | 3.4% | -37.8% |
| 1997 | 3.1% | -8.7% |
| 1998 | 3.3% | +6.6% |
| 1999 | 4.4% | +35.1% |
| 2000 | 4.9% | +10.9% |
| 2001 | 8.0% | +63.1% |
| 2003 | 0.0% | -99.4% |
| 2004 | 2.3% | +4588.5% |
| 2005 | 2.4% | +7.1% |
| 2006 | 0.4% | -81.4% |
| 2007 | 0.8% | +68.8% |
| 2008 | 1.3% | +75.2% |
| 2009 | 1.8% | +31.9% |
| 2010 | 0.1% | -93.5% |
| 2011 | 40.4% | +35266.6% |
| 2012 | 29.0% | -28.3% |
| 2013 | 24.7% | -14.6% |
| 2014 | 29.7% | +20.2% |
| 2015 | 21.7% | -27.0% |
| 2016 | 13.0% | -40.2% |
| 2017 | 25.3% | +95.2% |
| 2018 | 30.6% | +20.8% |
| 2019 | 31.7% | +3.6% |
| 2021 | 26.7% | -15.9% |
| 2022 | 31.0% | +16.3% |
| 2023 | 24.5% | -20.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6% | 0.0% | 1.0% | 8 |
| 1970s | 1.3% | 0.2% | 2.8% | 10 |
| 1980s | 9.4% | 0.4% | 20.8% | 5 |
| 1990s | 3.9% | 3.1% | 5.4% | 5 |
| 2000s | 2.4% | 0.0% | 8.0% | 9 |
| 2010s | 24.6% | 0.1% | 40.4% | 10 |
| 2020s | 27.4% | 24.5% | 31.0% | 3 |
Countries ranked near Ghana
- 38 Ecuador 27.5% compare
- 39 Australia 26.9% compare
- 40 Montenegro 25.3% compare
- 42 Myanmar 22.0% compare
- 43 Bolivia, Plurinational State of 18.9% compare
- 44 United States of America 18.3% compare
More energy & mining data for Ghana
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 5.27 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 32.1% (2023)
Frequently asked questions
- What is fuel exports in Ghana?
- Fuel exports in Ghana was 24.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Ghana?
- The highest recorded value was 40.4% in 2011.
- What is the lowest fuel exports recorded in Ghana?
- The lowest recorded value was 0.0% in 1962.
- How does Ghana rank for fuel exports?
- Ghana ranks 41st out of 192 countries with data for 2023.
- Is fuel exports rising or falling in Ghana?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.