Fiscal balance, cash surplus/deficit in Ghana
Ghana: Fiscal balance, cash surplus/deficit was -1.55 billion current US$ in 2011. ◆ Volatile
Fiscal balance, cash surplus/deficit in Ghana, 2001–2011
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files. Measured in current US$.
Analysis
In 2011, fiscal balance, cash surplus/deficit in Ghana stood at -1.55 billion current US$.
The figure is up 33.1% on the previous year and down 348.2% over ten years.
Over the whole period, fiscal balance, cash surplus/deficit in Ghana peaked at -120.78 million current US$ in 2004 and was at its lowest, -2.32 billion current US$, in 2010.
Ghana ranks 24th of 29 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Fiscal balance, cash surplus/deficit in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 2001 | -345.82 million current US$ | — |
| 2002 | -309.60 million current US$ | -10.5% |
| 2003 | -276.49 million current US$ | -10.7% |
| 2004 | -120.78 million current US$ | -56.3% |
| 2005 | -151.20 million current US$ | +25.2% |
| 2006 | -858.24 million current US$ | +467.6% |
| 2007 | -1.16 billion current US$ | +35.2% |
| 2008 | -1.68 billion current US$ | +44.4% |
| 2009 | -1.47 billion current US$ | -12.5% |
| 2010 | -2.32 billion current US$ | +57.9% |
| 2011 | -1.55 billion current US$ | -33.1% |
Ghana compared with similar countries
- Ghana's -1.55 billion current US$ is below the median for Sub-Saharan Africa, which is -137.38 million current US$, 11.3× the median. (25 countries reporting)
- Ghana's -1.55 billion current US$ is below the median for lower middle income countries, which is -242.11 million current US$, 6.4× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -707.24 million current US$ | -1.68 billion current US$ | -120.78 million current US$ | 9 |
| 2010s | -1.93 billion current US$ | -2.32 billion current US$ | -1.55 billion current US$ | 2 |
Countries ranked near Ghana
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Frequently asked questions
- What is fiscal balance, cash surplus/deficit in Ghana?
- Fiscal balance, cash surplus/deficit in Ghana was -1.55 billion current US$ in 2011, according to International Monetary Fund, Government Finance Statistics Yearbook and data files.
- What is the highest fiscal balance, cash surplus/deficit recorded in Ghana?
- The highest recorded value was -120.78 million current US$ in 2004.
- What is the lowest fiscal balance, cash surplus/deficit recorded in Ghana?
- The lowest recorded value was -2.32 billion current US$ in 2010.
- How does Ghana rank for fiscal balance, cash surplus/deficit?
- Ghana ranks 24th out of 29 countries with data for 2011.
- Is fiscal balance, cash surplus/deficit rising or falling in Ghana?
- Over the last ten years it is down 348.2%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, Government Finance Statistics Yearbook and data files, published as part of Fiscal balance, cash surplus/deficit (current US$). Statizoid updates them automatically from the source API.
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About this data
Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).