Adjusted savings: gross savings in Ghana
Ghana: Adjusted savings: gross savings was 22.3% in 2021. ▲ Rising
Adjusted savings: gross savings in Ghana, 1975–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Ghana is 22.3%, measured in 2021.
That represents a change of down 20.6% on the previous year and up 456.7% over ten years.
Over the whole period, adjusted savings: gross savings in Ghana peaked at 28.1% in 2020 and was at its lowest, 4.0%, in 2011.
Ghana ranks 88th of 178 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Adjusted savings: gross savings in Ghana, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1975 | 14.6% | — |
| 1976 | 8.8% | -39.3% |
| 1977 | 11.5% | +30.5% |
| 1978 | 5.4% | -53.0% |
| 1979 | 8.3% | +52.8% |
| 1980 | 6.4% | -23.3% |
| 1981 | 5.7% | -9.9% |
| 1982 | 5.6% | -2.6% |
| 1983 | 4.3% | -22.9% |
| 1984 | 6.8% | +58.8% |
| 1985 | 8.2% | +19.9% |
| 1986 | 7.1% | -13.3% |
| 1987 | 7.8% | +9.8% |
| 1988 | 10.2% | +31.3% |
| 1989 | 11.7% | +14.1% |
| 1990 | 10.7% | -8.0% |
| 1991 | 12.1% | +12.6% |
| 1992 | 7.1% | -41.7% |
| 1993 | 13.1% | +85.6% |
| 1994 | 19.5% | +48.8% |
| 1995 | 18.0% | -7.6% |
| 1996 | 18.5% | +2.7% |
| 1997 | 10.6% | -42.5% |
| 1998 | 18.4% | +73.4% |
| 1999 | 9.6% | -48.0% |
| 2000 | 15.7% | +64.4% |
| 2001 | 21.5% | +36.9% |
| 2002 | 19.2% | -11.0% |
| 2003 | 21.6% | +12.9% |
| 2004 | 23.4% | +8.2% |
| 2005 | 19.4% | -16.9% |
| 2006 | 17.9% | -7.9% |
| 2007 | 6.8% | -62.1% |
| 2008 | 4.4% | -35.7% |
| 2009 | 11.1% | +154.1% |
| 2010 | 5.0% | -55.3% |
| 2011 | 4.0% | -19.1% |
| 2012 | 5.5% | +38.5% |
| 2013 | 15.6% | +181.7% |
| 2014 | 19.3% | +23.3% |
| 2015 | 21.9% | +13.6% |
| 2016 | 19.7% | -10.2% |
| 2017 | 17.8% | -9.7% |
| 2018 | 21.9% | +23.4% |
| 2019 | 19.4% | -11.5% |
| 2020 | 28.1% | +44.7% |
| 2021 | 22.3% | -20.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.7% | 5.4% | 14.6% | 5 |
| 1980s | 7.4% | 4.3% | 11.7% | 10 |
| 1990s | 13.8% | 7.1% | 19.5% | 10 |
| 2000s | 16.1% | 4.4% | 23.4% | 10 |
| 2010s | 15.0% | 4.0% | 21.9% | 10 |
| 2020s | 25.2% | 22.3% | 28.1% | 2 |
Countries ranked near Ghana
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 1.19 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.099 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 239.51 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 30.38 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 1.41 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,401 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 13.04 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1667 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Ghana?
- Adjusted savings: gross savings in Ghana was 22.3% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Ghana?
- The highest recorded value was 28.1% in 2020.
- What is the lowest adjusted savings: gross savings recorded in Ghana?
- The lowest recorded value was 4.0% in 2011.
- How does Ghana rank for adjusted savings: gross savings?
- Ghana ranks 88th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Ghana?
- Over the last ten years it is up 456.7%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.