The Gross Domestic Product (GDP) in Ghana expanded 6.30 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Ghana GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The growth of the real gross domestic product (GDP) in Ghana was estimated at approximately 5.69 percent in 2024. Between 1980 and 2024, the growth rose by around 5.24 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by about 0.69 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product (GDP) in Ghana was worth 82.83 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Ghana represents 0.08 percent of the world economy. This dataset provides the latest reported value for - Ghana GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Ghana Real GDP Growth

• The Gross Domestic Product (GDP) in Ghana expanded 0.9 % YoY in Dec 2024, following a growth of 1.7 % in the previous quarter.
• Real GDP Growth YoY data in Ghana is updated quarterly, available from Jun 2006 to Dec 2024, with an average rate of 1.4 %.
• The data reached an all-time high of 4.9 % in Jun 2006 and a record low of -1.3 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. Ghana Statistical Service provides Real GDP in local currency, at chain linked 2013 prices. Real GDP Growth prior to Q1 2007 is calculated from Real GDP based on SNA 1993, at 2006 prices.


Related information about Ghana Real GDP Growth

• In the latest reports, Nominal GDP of Ghana reached 21.2 USD bn in Dec 2024.
• Its GDP deflator (implicit price deflator) increased 25.7 % in Dec 2024.
• GDP Per Capita in Ghana reached 2,353.0 USD in Dec 2022.
• Its Gross Savings Rate was measured at 9.9 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 10.8 % in Dec 2023.
• Public Consumption accounted for 5.9 % in Dec 2023.
• Private Consumption accounted for 84.2 % in Dec 2023.

The latest data from show economic growth of 5.29 percent, which is an increase from the rate of growth of 3.62 percent in the previous quarter and
an increase compared to the growth rate of 4.89 percent in the same quarter last year. The economic growth time series for Ghana cover the period...

The coronavirus (COVID-19) pandemic was projected to affect Ghana's economy to some extent. Real GDP was expected to grow at *** percent in 2022. In 2021, the growth was estimated at *** percent. Moreover, before the outbreak of the virus in the country, the real GDP growth was measured at *** percent.

Full Year GDP Growth in Ghana increased to 5.70 percent in 2024 from 2.90 percent in 2023. This dataset includes a chart with historical data for Ghana Full Year Gdp Growth.

The Gross Domestic Product (GDP) in Ghana expanded 1.40 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Ghana GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2021, the Gross Domestic Product (GDP) in Ghana was projected to grow at 6.6 percent in the agriculture sector, 5.3 percent in the services sector, and four percent in the industry sector. According to the projections, in 2023, the industry sector might record the highest GDP growth rate (7.8 percent), followed by the agriculture, and services sector at 6.8 percent and 6.1 percent, respectively. Overall, as of 2019, the services sector contributed about 44.14 percent to Ghana's GDP, which was the highest share across the economic sectors.

The gross domestic product (GDP) in current prices in Ghana was estimated at about 82.83 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 44.15 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 35.78 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Ghana: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Ghana from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Key information about Ghana Nominal GDP Growth

• Ghana Nominal GDP Growth was reported at 30.257 % in Dec 2024.
• This records a decrease from the previous number of 32.988 % for Sep 2024.
• Ghana Nominal GDP Growth data is updated quarterly, averaging 21.079 % from Mar 2007 to Dec 2024, with 72 observations.
• The data reached an all-time high of 55.200 % in Mar 2023 and a record low of 2.632 % in Sep 2015.
• Ghana Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Ghana Statistical Service provides Nominal GDP in local currency, based on SNA 2008.

Ghana GH: GDP: Growth: GNI per Capita data was reported at 5.319 % in 2017. This records an increase from the previous number of 0.721 % for 2016. Ghana GH: GDP: Growth: GNI per Capita data is updated yearly, averaging 4.367 % from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 9.564 % in 2011 and a record low of 0.011 % in 2014. Ghana GH: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The latest data from show economic growth of 5.29 pour cent, which is an increase from the rate of growth of 3.62 pour cent in the previous quarter and
an increase compared to the growth rate of 4.89 pour cent in the same quarter last year. The economic growth time series for Ghana cover the...

Ghana GH: GDP: Growth: Gross Value Added: Industry data was reported at 16.676 % in 2017. This records an increase from the previous number of -0.452 % for 2016. Ghana GH: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 6.644 % from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 41.640 % in 2011 and a record low of -0.452 % in 2016. Ghana GH: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

In 2024, the contribution from the cocoa sector to gross domestic product (GDP) in Ghana was projected to experience a rise by three percent, at constant prices. In 2021, the growth rate was registered at **** percent. Moreover, the cocoa sector’s contribution to the GDP was projected to grow by five percent in 2027. Overall, *** thousand metric tons of cocoa beans were produced in the country in the crop season 2021/2022.

This statistic shows the share of economic sectors in the gross domestic product (GDP) in Ghana from 2013 to 2023. In 2023, the share of agriculture in Ghana's gross domestic product was 21.1 percent, industry contributed approximately 29.46 percent and the services sector contributed about 42.46 percent.

Historical dataset showing Ghana gdp growth rate by year from 1961 to 2023.

As of 2022, the gross domestic product (GDP) at constant prices (2015) reached over **** billion U.S. dollars in Ghana, up from below ** billion U.S. dollars in 2020. This continued the upward trend visible since 2010, when real GDP stood at just over ** billion U.S. dollars. Constant prices are adjusted taking the effects of inflation into consideration.

Ghana GH: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 6.148 % in 2017. This records an increase from the previous number of 1.428 % for 2016. Ghana GH: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 1.692 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 11.279 % in 2011 and a record low of -14.455 % in 1975. Ghana GH: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;