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
Annual growth rate of real GDP per capita in Ghana, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
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 228 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 | % | 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% |
Ghana compared with similar countries
- Ghana's 3.7% is above the median for lower middle income countries, which is 2.7%, 1.4× the median. (43 countries reporting)
- Ghana's 3.7% is above the median for Sub-Saharan Africa, which is 1.7%, 2.2× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +600.0% | -0.2% | 1.0% |
| 2017 | +480.0% | 1.0% | 5.8% |
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
- Real gdp growth, annual growth rate 86.92 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
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 228 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.
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