Annual gdp growth in Ghana
Ghana: Annual gdp growth was 2.94 in 2023. ▼ Falling
Latest (2023)
2.94
Change on year
down 23.0%
World rank
105th
of 211 countries
All-time high
14.05
in 2011
All-time low
0.51
in 2020
Years of data
24
2000–2023
Annual gdp growth in Ghana, 2000–2023
Source: Our World in Data.
Analysis
Ghana recorded 2.94 for annual gdp growth in 2023.
Compared with earlier readings it is down 23.0% on the previous year and down 59.8% over ten years.
Over the whole period, annual gdp growth in Ghana peaked at 14.05 in 2011 and was at its lowest, 0.51, in 2020.
Ghana ranks 105th of 211 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.36 | 3.7 | 9.15 | 10 |
| 2010s | 6.77 | 2.12 | 14.05 | 10 |
| 2020s | 3.09 | 0.51 | 5.08 | 4 |
Countries ranked near Ghana
More economy & growth data for Ghana
- External balance on goods and services as a percent of gdp 1.14 (2024)
- Inflation of consumer prices 14.2 (2025)
- Gdp per capita worldbank constant usd 2,261 (2025)
- Manufacturing value added to gdp 10.11 (2025)
- Gdp worldbank constant usd 79.27 billion (2025)
- Gdp per capita in international and market dollars 2,261 (2025)
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Ghana?
- Annual gdp growth in Ghana was 2.94 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Ghana?
- The highest recorded value was 14.05 in 2011.
- What is the lowest annual gdp growth recorded in Ghana?
- The lowest recorded value was 0.51 in 2020.
- How does Ghana rank for annual gdp growth?
- Ghana ranks 105th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Ghana?
- Over the last ten years it is down 59.8%. The long-run trend across the full record is falling.
- Where does this Ghana data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).