Adjusted savings: natural resources depletion in Ghana
Ghana: Adjusted savings: natural resources depletion was 10.8% in 2021. ▲ Rising
Adjusted savings: natural resources depletion in Ghana, 1971–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Ghana recorded 10.8% for adjusted savings: natural resources depletion in 2021.
Compared with earlier readings it is up 51.0% on the previous year and down 15.9% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Ghana peaked at 15.6% in 2003 and was at its lowest, 2.3%, in 1971.
That places Ghana 27th out of 184 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Adjusted savings: natural resources depletion in Ghana, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1971 | 2.3% | — |
| 1972 | 3.4% | +49.3% |
| 1973 | 4.9% | +44.0% |
| 1974 | 4.5% | -7.1% |
| 1975 | 5.4% | +18.4% |
| 1976 | 5.6% | +4.6% |
| 1977 | 7.3% | +28.7% |
| 1978 | 6.2% | -15.0% |
| 1979 | 6.2% | +1.3% |
| 1980 | 7.9% | +26.6% |
| 1981 | 6.5% | -18.0% |
| 1982 | 8.2% | +27.1% |
| 1983 | 6.7% | -18.5% |
| 1984 | 5.5% | -18.2% |
| 1985 | 4.1% | -24.8% |
| 1986 | 4.8% | +15.6% |
| 1987 | 5.6% | +16.4% |
| 1988 | 5.7% | +2.8% |
| 1989 | 5.5% | -4.2% |
| 1990 | 6.7% | +22.2% |
| 1991 | 6.0% | -10.3% |
| 1992 | 7.2% | +20.5% |
| 1993 | 9.1% | +25.5% |
| 1994 | 12.9% | +42.0% |
| 1995 | 12.7% | -1.4% |
| 1996 | 13.3% | +4.7% |
| 1997 | 12.2% | -8.3% |
| 1998 | 11.8% | -3.1% |
| 1999 | 7.6% | -35.7% |
| 2000 | 13.2% | +73.3% |
| 2001 | 12.2% | -7.6% |
| 2002 | 12.9% | +5.6% |
| 2003 | 15.6% | +21.0% |
| 2004 | 12.3% | -20.8% |
| 2005 | 11.3% | -8.0% |
| 2006 | 7.0% | -38.1% |
| 2007 | 8.1% | +15.1% |
| 2008 | 8.4% | +4.4% |
| 2009 | 9.9% | +17.4% |
| 2010 | 9.0% | -9.4% |
| 2011 | 12.9% | +43.4% |
| 2012 | 12.3% | -4.8% |
| 2013 | 8.7% | -29.0% |
| 2014 | 10.7% | +22.5% |
| 2015 | 9.9% | -7.2% |
| 2016 | 8.2% | -17.0% |
| 2017 | 9.2% | +12.4% |
| 2018 | 8.1% | -12.1% |
| 2019 | 8.0% | -1.7% |
| 2020 | 7.2% | -10.1% |
| 2021 | 10.8% | +51.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.1% | 2.3% | 7.3% | 9 |
| 1980s | 6.0% | 4.1% | 8.2% | 10 |
| 1990s | 10.0% | 6.0% | 13.3% | 10 |
| 2000s | 11.1% | 7.0% | 15.6% | 10 |
| 2010s | 9.7% | 8.0% | 12.9% | 10 |
| 2020s | 9.0% | 7.2% | 10.8% | 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)
- Total reserves minus gold (current US$), annual growth rate 46.91 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.0537 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 129.91 current US$ per person (2024)
- General government final consumption expenditure (current US$) -9.71 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.048 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 116.18 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 16.35 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.682 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Ghana?
- Adjusted savings: natural resources depletion in Ghana was 10.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Ghana?
- The highest recorded value was 15.6% in 2003.
- What is the lowest adjusted savings: natural resources depletion recorded in Ghana?
- The lowest recorded value was 2.3% in 1971.
- How does Ghana rank for adjusted savings: natural resources depletion?
- Ghana ranks 27th out of 184 countries with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Ghana?
- Over the last ten years it is down 15.9%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.