Annual growth rate of real GDP per capita in Ghana
Ghana: Annual growth rate of real GDP per capita was 3.7% in 2024. ◆ Volatile
Latest (2024)
3.7%
Change on year
up 208.3%
World rank
55th
of 226 countries
All-time high
11.3%
in 2011
All-time low
-1.5%
in 2020
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Ghana, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Ghana is 3.7%, measured in 2024.
That represents a change of up 208.3% on the previous year and up 640.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Ghana peaked at 11.3% in 2011 and was at its lowest, -1.5%, in 2020.
Ghana ranks 55th of 226 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.6% | — |
| 2001 | 1.8% | +12.5% |
| 2002 | 2.0% | +11.1% |
| 2003 | 2.4% | +20.0% |
| 2004 | 2.6% | +8.3% |
| 2005 | 3.4% | +30.8% |
| 2006 | 1.9% | -44.1% |
| 2007 | 1.7% | -10.5% |
| 2008 | 6.4% | +276.5% |
| 2009 | 2.3% | -64.1% |
| 2010 | 5.3% | +130.4% |
| 2011 | 11.3% | +113.2% |
| 2012 | 6.7% | -40.7% |
| 2013 | 5.5% | -17.9% |
| 2014 | 0.5% | -90.9% |
| 2015 | -0.2% | -140.0% |
| 2016 | 1.0% | -600.0% |
| 2017 | 5.8% | +480.0% |
| 2018 | 4.0% | -31.0% |
| 2019 | 4.4% | +10.0% |
| 2020 | -1.5% | -134.1% |
| 2021 | 3.0% | -300.0% |
| 2022 | 1.8% | -40.0% |
| 2023 | 1.2% | -33.3% |
| 2024 | 3.7% | +208.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | 1.6% | 6.4% | 10 |
| 2010s | 4.4% | -0.2% | 11.3% | 10 |
| 2020s | 1.6% | -1.5% | 3.7% | 5 |
Countries ranked near Ghana
- 52 Costa Rica 3.8% compare
- 52 Malaysia 3.8% compare
- 52 Nepal 3.8% compare
- 55 Kazakhstan 3.7% compare
- 55 Micronesia 3.7% compare
- 58 Singapore 3.6% compare
- 58 Uganda 3.6% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Ghana?
- Annual growth rate of real gdp per capita in Ghana was 3.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Ghana?
- The highest recorded value was 11.3% in 2011.
- What is the lowest annual growth rate of real gdp per capita recorded in Ghana?
- The lowest recorded value was -1.5% in 2020.
- How does Ghana rank for annual growth rate of real gdp per capita?
- Ghana ranks 55th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Ghana?
- Over the last ten years it is up 640.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).