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.
As of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.
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Inflation Rate in Ghana decreased to 13.70 percent in June from 18.40 percent in May of 2025. This dataset provides - Ghana Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2020, the unemployment rate in Ghana was at approximately 3.01 percent of the total labor force. The unemployment rate is the percentage of a country's labor force that are without jobs but are available to work and actively seeking employment. Ghana’s unemployment rate is above the worldwide unemployment rate, and compared to other Sub-Saharan African countries and other regions, Ghana has a relatively average rate of unemployment. Ghana’s population Due to the nature of its economy and its population size of over 30 million people, Ghana’s estimated GDP per capita amounts to just over 2,200 U.S. dollars in 2018 and forecast to rise continually over the next few years. Almost half of the country’s population works in the services sector, and around 33 percent work in agriculture. The population is relatively young, with only around 3 percent of the total population aged 65 years or older. Ghana’s hopeful future One of the most important economic centers of its region, Ghana’s GDP is at over 65 billion U.S. dollars, and it is projected to grow to over 97 billion U.S. dollars by 2024. Ghana is a country with several valuable natural resources, including gold, petroleum, cocoa, and natural gas. The country’s economy is particularly focused on manufacturing and exporting digital technology goods, and industrial materials. Ghana utilizes these exports domestically as well; its mixed economy is increasingly digital based. A regional leader, it has the goal of being the first African nation to become a developed country in the next decade. There are several positive indications encouraging this possibility, such as that GDP has grown each year, albeit at inconsistent rates.
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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.