In 2022, personal remittances received in Ghana covered 6.1 percent of the country's Gross Domestic Product (GDP). The share slightly increased compared to the previous year. In the period under review, a peak was registered in 2015, when remittances corresponded to 20.3 percent of the country's GDP. Overall, the ratio fluctuated within the last two decades.
Personal remittances received in Ghana as a share of GDP from 2010 to 2022
The source adds the following information: "All data shown are the World Bank’s calculations based on data from IMF Balance of Payments Statistics database and data releases from central banks, national statistical agencies, and World Bank country desks. Trends over time are not directly comparable due to changes in measurement. Also, the data often do not include remittances sent by migrants via money transfer operators (i.e. Western Union) or informal transfers (i.e. friends, relatives)."
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International Organization for Migration. (December 2, 2022). Personal remittances received in Ghana as a share of GDP from 2010 to 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1267851/personal-remittances-received-in-ghana-as-a-share-of-gdp/
International Organization for Migration. "Personal remittances received in Ghana as a share of GDP from 2010 to 2022." Chart. December 2, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1267851/personal-remittances-received-in-ghana-as-a-share-of-gdp/
International Organization for Migration. (2022). Personal remittances received in Ghana as a share of GDP from 2010 to 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1267851/personal-remittances-received-in-ghana-as-a-share-of-gdp/
International Organization for Migration. "Personal Remittances Received in Ghana as a Share of Gdp from 2010 to 2022." Statista, Statista Inc., 2 Dec 2022, https://www.statista.com/statistics/1267851/personal-remittances-received-in-ghana-as-a-share-of-gdp/
International Organization for Migration, Personal remittances received in Ghana as a share of GDP from 2010 to 2022 Statista, https://www.statista.com/statistics/1267851/personal-remittances-received-in-ghana-as-a-share-of-gdp/ (last visited December 22, 2024)
Personal remittances received in Ghana as a share of GDP from 2010 to 2022 [Graph], International Organization for Migration, December 2, 2022. [Online]. Available: https://www.statista.com/statistics/1267851/personal-remittances-received-in-ghana-as-a-share-of-gdp/