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.

The gross domestic product (GDP) in current prices in Ghana was estimated at 82.83 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 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 53.08 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.

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.

In July 2025, a nominal gross domestic product (GDP) of around 1.4 trillion Ghanaian cedis (GHS), approximately 113 billion U.S. dollars, was reached in Ghana. Moreover, the nominal GDP was constant in each of the years under review, signifying that current market prices of goods and services in the country had remained the same during these periods.

The Gross Domestic Product per capita in Ghana was last recorded at 2169.67 US dollars in 2024. The GDP per Capita in Ghana is equivalent to 17 percent of the world's average. This dataset provides the latest reported value for - Ghana GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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 growth of the real gross domestic product (GDP) in Ghana was estimated at 5.69 percent in 2024. Between 1980 and 2024, the growth rose by 5.24 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by 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.

Key information about Ghana Nominal GDP

• Ghana Nominal GDP reached 25.6 USD bn in Jun 2025, compared with 24.2 USD bn in the previous quarter.
• Nominal GDP in Ghana is updated quarterly, available from Mar 2006 to Jun 2025, with an average number of 12.0 USD bn.
• The data reached an all-time high of 25.6 USD bn in Jun 2025 and a record low of 7.0 USD bn in Jun 2006.

CEIC converts quarterly Nominal GDP into USD. Ghana Statistical Service provides Nominal GDP in local currency based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions.


Related information about Ghana Nominal GDP

• In the latest reports, Ghana GDP expanded 1.4 % YoY in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 16.7 % in Jun 2025.
• Ghana GDP Per Capita reached 2,513.1 USD in Dec 2024.
• Its Gross Savings Rate was measured at 10.5 % in Dec 2024.
• For Nominal GDP contributions, Investment accounted for 10.0 % in Dec 2024.
• Public Consumption accounted for 4.9 % in Dec 2024.
• Private Consumption accounted for 84.6 % in Dec 2024.

In 2024, the gross domestic product (GDP) per capita in Ghana was estimated at 2,405.8 U.S. dollars. Between 1980 and 2024, the figure dropped by 833.65 U.S. dollars, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the GDP per capita will steadily grow by 697.36 U.S. dollars from 2024 to 2030.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Ghana Investment: % of GDP

• Ghana Investment accounted for 10.0 % of its Nominal GDP in Dec 2024, compared with a ratio of 9.9 % in the previous year.
• Ghana investment share of Nominal GDP data is updated yearly, available from Dec 2006 to Dec 2024, with an average ratio of 27.7 %.
• The data reached an all-time high of 27.7 % in Dec 2015 and a record low of 9.4 % in Dec 2011.

CEIC calculates annual Investment as % of Nominal GDP from annual Nominal Gross Capital Formation and annual Nominal GDP. Ghana Statistical Service provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency, based on SNА 2008. Investment as % Nominal GDP prior to 2013 is calculated from Nominal Gross Capital Formation based on SNA 1993.


Related information about Ghana Investment: % of GDP

• In the latest reports, Ghana GDP expanded 1.4 % YoY in Jun 2025.
• Ghana Nominal GDP reached 25.6 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 16.7 % in Jun 2025.
• Ghana GDP Per Capita reached 2,513.1 USD in Dec 2024.
• Its Gross Savings Rate was measured at 10.5 % in Dec 2024.

GDP from Agriculture in Ghana decreased to 9612.30 GHS Million in the second quarter of 2025 from 11493.63 GHS Million in the first quarter of 2025. This dataset provides - Ghana Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Ghana GDP Per Capita

• Ghana Gross Domestic Product (GDP) per Capita reached 2,513.105 USD in Dec 2024, compared with 2,569.503 USD in Dec 2023.
• Ghana GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2024, with an average number of 396.426 USD.
• The data reached an all-time high of 2,579.280 USD in Dec 2021 and a record low of 174.859 in Dec 1960.
• CEIC extends history for annual GDP per Capita. Ghana Statistical Service provides GDP per Capita in USD. GDP per Capita prior to 2013 is calculated from GDP per Capita based on SNA 1993 and prior to 2006 from GDP per Capita sourced from the World Bank.

Related information about Ghana GDP Per Capita data

• In the latest reports, Ghana GDP expanded 1.394 % YoY in Jun 2025.
• Ghana Nominal GDP reached 25.627 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 16.674 % in Jun 2025.
• Gross Savings Rate of Ghana was measured at 10.549 % in Dec 2024.

Key information about Ghana GDP Deflator Growth

• Ghana GDP deflator (implicit price deflator) increased 16.7 % in Jun 2025, compared with an increase of 22.9 % in the previous quarter.
• Ghana GDP Deflator Growth data is updated quarterly, available from Mar 2007 to Jun 2025, with an average rate of 21.5 %.
• The data reached an all-time high of 50.4 % in Mar 2023 and a record low of 2.8 % in Mar 2012.

CEIC calculates quarterly GDP Deflator Growth from quarterly Nominal and Real GDP. Ghana Statistical Service provides Nominal GDP in local currency and Real GDP in local curency, at 2013 prices.


Related information about Ghana GDP Deflator Growth

• In the latest reports, Ghana GDP expanded 1.4 % YoY in Jun 2025.
• Its Nominal GDP reached 25.6 USD bn in Jun 2025.
• Ghana GDP Per Capita reached 2,513.1 USD in Dec 2024.
• Its Gross Savings Rate was measured at 10.5 % in Dec 2024.

Dataset of the Ghana GDP Annual Growth Rate, including historical data, latest releases, and long-term trends from 1961-12-31 to 2024-12-31. Available for free download in CSV format.

The ratio of national debt to gross domestic product (GDP) of Ghana was estimated at approximately 70.51 percent in 2024. Between 1990 and 2024, the ratio rose by around 52.72 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 18.55 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

In 2024, and throughout the period investigated, the category of crops added the highest agricultural value to Ghana's gross domestic product (GDP) at constant prices. It stood at nearly 32 billion Ghanaian cedis (GHS), approximately 2.6 billion U.S. dollars, followed by the contribution from livestock production. Overall, as of 2023, agriculture covered just over 21 percent of Ghana's total GDP.

As of the second quarter of 2023, the services sector in Ghana contributed nearly ** billion Ghanaian cedis (GHS), around *** billion U.S. dollars, to the country's GDP. Compared to the preceding quarter, this was a drop. Within the reviewed period, the contribution of services to GDP fluctuated, peaking in the first quarter of 2024. Overall, the services sector occupies the largest share of GDP across the country's economic sectors.

Key information about Ghana External Debt: % of GDP

• Ghana External Debt accounted for 34.4 % of the country's Nominal GDP in 2024, compared with the ratio of 37.4 % in the previous year.
• Ghana External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2024.
• The data reached an all-time high of 932.2 % in Aug 2025 and a record low of 0.0 % in May 2020.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and quarterly Nominal GDP. The Bank of Ghana provides External Debt in USD based on BPM5. Ghana Statistical Service provides Nominal GDP in local currency based on SNA 2008. The Bank of Ghana average market exchange rate is used for currency conversions. External Debt figures only include Public debt. External Debt as % of Nominal GDP prior to 2006 is calculated from Nominal GDP sourced from the World Bank.


Related information about Ghana External Debt: % of GDP

• In the latest reports of Ghana, Current Account recorded a surplus of 1.1 USD bn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 524.9 USD mn in Jun 2025.
• Ghana Direct Investment Abroad fell by 10.0 USD mn in Jun 2025.
• Its Foreign Portfolio Investment fell by 61.2 USD mn in Jun 2025.
• The country's External Debt reached 29,110.3 in Jun 2025.
• The country's Nominal GDP was reported at 25.6 USD bn in Jun 2025.

GDP from Manufacturing in Ghana decreased to 4766.40 GHS Million in the second quarter of 2025 from 6454.58 GHS Million in the first quarter of 2025. This dataset provides - Ghana Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Yearly (annual) dataset of the Ghana GDP per Capita PPP, including historical data, latest releases, and long-term trends from 1990-12-31 to 2024-12-31. Available for free download in CSV format.