Divergence of GDP per capita among latecomers to the capitalist revolution in Ghana
Ghana: Divergence of GDP per capita among latecomers to the capitalist revolution was 4,267 2011$ in 2018. ▲ Rising
Divergence of GDP per capita among latecomers to the capitalist revolution in Ghana, 1870–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
Ghana recorded 4,267 2011$ for divergence of gdp per capita among latecomers to the capitalist revolution in 2018. That is the highest value across all 71 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 56.5% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Ghana peaked at 4,267 2011$ in 2018 and was at its lowest, 700 2011$, in 1870.
That places Ghana 110th out of 145 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 71 years of available data.
Divergence of GDP per capita among latecomers to the capitalist revolution in Ghana, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1870 | 700 2011$ | — |
| 1913 | 1,245 2011$ | +77.9% |
| 1950 | 1,788 2011$ | +43.6% |
| 1951 | 1,808 2011$ | +1.1% |
| 1952 | 1,728 2011$ | -4.4% |
| 1953 | 1,916 2011$ | +10.9% |
| 1954 | 2,099 2011$ | +9.6% |
| 1955 | 1,913 2011$ | -8.9% |
| 1956 | 1,970 2011$ | +3.0% |
| 1957 | 1,978 2011$ | +0.4% |
| 1958 | 1,892 2011$ | -4.3% |
| 1959 | 2,106 2011$ | +11.3% |
| 1960 | 2,197 2011$ | +4.3% |
| 1961 | 2,212 2011$ | +0.7% |
| 1962 | 2,257 2011$ | +2.0% |
| 1963 | 2,270 2011$ | +0.6% |
| 1964 | 2,254 2011$ | -0.7% |
| 1965 | 2,220 2011$ | -1.5% |
| 1966 | 2,158 2011$ | -2.8% |
| 1967 | 2,134 2011$ | -1.1% |
| 1968 | 2,101 2011$ | -1.5% |
| 1969 | 2,112 2011$ | +0.5% |
| 1970 | 2,270 2011$ | +7.5% |
| 1971 | 2,377 2011$ | +4.7% |
| 1972 | 2,235 2011$ | -6.0% |
| 1973 | 2,227 2011$ | -0.4% |
| 1974 | 2,319 2011$ | +4.1% |
| 1975 | 1,988 2011$ | -14.3% |
| 1976 | 1,878 2011$ | -5.5% |
| 1977 | 1,882 2011$ | +0.2% |
| 1978 | 2,008 2011$ | +6.7% |
| 1979 | 1,929 2011$ | -3.9% |
| 1980 | 1,844 2011$ | -4.4% |
| 1981 | 1,820 2011$ | -1.3% |
| 1982 | 1,661 2011$ | -8.7% |
| 1983 | 1,487 2011$ | -10.5% |
| 1984 | 1,530 2011$ | +2.9% |
| 1985 | 1,559 2011$ | +1.9% |
| 1986 | 1,575 2011$ | +1.0% |
| 1987 | 1,605 2011$ | +1.9% |
| 1988 | 1,648 2011$ | +2.7% |
| 1989 | 1,685 2011$ | +2.2% |
| 1990 | 1,693 2011$ | +0.5% |
| 1991 | 1,743 2011$ | +2.9% |
| 1992 | 1,772 2011$ | +1.7% |
| 1993 | 1,791 2011$ | +1.1% |
| 1994 | 1,814 2011$ | +1.3% |
| 1995 | 1,857 2011$ | +2.4% |
| 1996 | 1,908 2011$ | +2.8% |
| 1997 | 1,965 2011$ | +3.0% |
| 1998 | 2,018 2011$ | +2.7% |
| 1999 | 2,067 2011$ | +2.4% |
| 2000 | 2,100 2011$ | +1.6% |
| 2001 | 2,143 2011$ | +2.0% |
| 2002 | 2,192 2011$ | +2.3% |
| 2003 | 2,257 2011$ | +3.0% |
| 2004 | 2,330 2011$ | +3.2% |
| 2005 | 2,411 2011$ | +3.5% |
| 2006 | 2,504 2011$ | +3.8% |
| 2007 | 2,553 2011$ | +2.0% |
| 2008 | 2,726 2011$ | +6.8% |
| 2009 | 2,794 2011$ | +2.5% |
| 2010 | 2,946 2011$ | +5.4% |
| 2011 | 3,283 2011$ | +11.4% |
| 2012 | 3,508 2011$ | +6.9% |
| 2013 | 3,683 2011$ | +5.0% |
| 2014 | 3,747 2011$ | +1.7% |
| 2015 | 3,809 2011$ | +1.7% |
| 2016 | 3,878 2011$ | +1.8% |
| 2017 | 4,104 2011$ | +5.8% |
| 2018 | 4,267 2011$ | +4.0% |
Ghana compared with similar countries
- Ghana's 4,267 2011$ is above the median for lower middle income countries, which is 4,183 2011$, 1.0× the median. (34 countries reporting)
- Ghana's 4,267 2011$ is above the median for Sub-Saharan Africa, which is 2,046 2011$, 2.1× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Divergence of GDP per capita among latecomers to the capitalist revolution in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1913 | +77.9% | 700 2011$ | 1,245 2011$ |
| 1950 | +43.6% | 1,245 2011$ | 1,788 2011$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1870s | 700 2011$ | 700 2011$ | 700 2011$ | 1 |
| 1910s | 1,245 2011$ | 1,245 2011$ | 1,245 2011$ | 1 |
| 1950s | 1,920 2011$ | 1,728 2011$ | 2,106 2011$ | 10 |
| 1960s | 2,192 2011$ | 2,101 2011$ | 2,270 2011$ | 10 |
| 1970s | 2,111 2011$ | 1,878 2011$ | 2,377 2011$ | 10 |
| 1980s | 1,641 2011$ | 1,487 2011$ | 1,844 2011$ | 10 |
| 1990s | 1,863 2011$ | 1,693 2011$ | 2,067 2011$ | 10 |
| 2000s | 2,401 2011$ | 2,100 2011$ | 2,794 2011$ | 10 |
| 2010s | 3,692 2011$ | 2,946 2011$ | 4,267 2011$ | 9 |
Countries ranked near Ghana
- 107 Honduras 5,042 2011$ compare
- 108 Nicaragua 4,952 2011$ compare
- 109 Tajikistan 4,440 2011$ compare
- 111 Bangladesh 4,099 2011$ compare
- 112 Sao Tome and Principe 3,730 2011$ compare
- 113 Cambodia 3,629 2011$ 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Ghana?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Ghana was 4,267 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Ghana?
- The highest recorded value was 4,267 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Ghana?
- The lowest recorded value was 700 2011$ in 1870.
- How does Ghana rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Ghana ranks 110th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Ghana?
- Over the last ten years it is up 56.5%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 71 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]