Ghana’s Gold Exports Surge, Boosting Economic Outlook

• Gold export revenues rise significantly to $5.04 billion in the first half of 2024
• Trade surplus of $1.80 billion despite a sharp decline in cocoa sector revenues

Accra, Ghana – Ghana’s gold exports soared in the first half of 2024, with revenues increasing from $3.44 billion in the first half of 2023 to $5.04 billion, according to the latest data from the Bank of Ghana released this week. This increase, along with rising oil sector revenues, offset a 50% drop in cocoa sector revenues.