Gross domestic product (GDP) in Ghana
Ghana: Gross domestic product (GDP) was 145.43 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
145.43 billion international-$ in 2011 prices
Change on year
up 3.2%
World rank
77th
of 166 countries
All-time high
145.43 billion international-$ in 2011 prices
in 2022
All-time low
9.47 billion international-$ in 2011 prices
in 1950
Years of data
73
1950–2022
Gross domestic product (GDP) in Ghana, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Ghana is 145.43 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 73 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 55.7% over ten years.
Over the whole period, gross domestic product (gdp) in Ghana peaked at 145.43 billion international-$ in 2011 prices in 2022 and was at its lowest, 9.47 billion international-$ in 2011 prices, in 1950.
Ghana ranks 77th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Ghana, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 9.47 billion international-$ in 2011 prices | — |
| 1951 | 9.83 billion international-$ in 2011 prices | +3.8% |
| 1952 | 9.64 billion international-$ in 2011 prices | -1.9% |
| 1953 | 10.98 billion international-$ in 2011 prices | +13.9% |
| 1954 | 12.36 billion international-$ in 2011 prices | +12.5% |
| 1955 | 11.57 billion international-$ in 2011 prices | -6.4% |
| 1956 | 12.25 billion international-$ in 2011 prices | +5.8% |
| 1957 | 12.64 billion international-$ in 2011 prices | +3.2% |
| 1958 | 12.44 billion international-$ in 2011 prices | -1.6% |
| 1959 | 14.24 billion international-$ in 2011 prices | +14.5% |
| 1960 | 15.29 billion international-$ in 2011 prices | +7.4% |
| 1961 | 15.82 billion international-$ in 2011 prices | +3.5% |
| 1962 | 16.60 billion international-$ in 2011 prices | +4.9% |
| 1963 | 17.17 billion international-$ in 2011 prices | +3.4% |
| 1964 | 17.54 billion international-$ in 2011 prices | +2.2% |
| 1965 | 17.78 billion international-$ in 2011 prices | +1.4% |
| 1966 | 17.79 billion international-$ in 2011 prices | +0.1% |
| 1967 | 18.12 billion international-$ in 2011 prices | +1.8% |
| 1968 | 18.37 billion international-$ in 2011 prices | +1.4% |
| 1969 | 19.03 billion international-$ in 2011 prices | +3.6% |
| 1970 | 19.95 billion international-$ in 2011 prices | +4.9% |
| 1971 | 21.55 billion international-$ in 2011 prices | +8.0% |
| 1972 | 20.91 billion international-$ in 2011 prices | -3.0% |
| 1973 | 21.49 billion international-$ in 2011 prices | +2.8% |
| 1974 | 22.97 billion international-$ in 2011 prices | +6.9% |
| 1975 | 20.11 billion international-$ in 2011 prices | -12.4% |
| 1976 | 19.41 billion international-$ in 2011 prices | -3.5% |
| 1977 | 19.83 billion international-$ in 2011 prices | +2.2% |
| 1978 | 21.53 billion international-$ in 2011 prices | +8.5% |
| 1979 | 20.99 billion international-$ in 2011 prices | -2.5% |
| 1980 | 20.31 billion international-$ in 2011 prices | -3.2% |
| 1981 | 20.34 billion international-$ in 2011 prices | +0.1% |
| 1982 | 18.94 billion international-$ in 2011 prices | -6.9% |
| 1983 | 18.07 billion international-$ in 2011 prices | -4.6% |
| 1984 | 19.63 billion international-$ in 2011 prices | +8.7% |
| 1985 | 20.62 billion international-$ in 2011 prices | +5.0% |
| 1986 | 21.71 billion international-$ in 2011 prices | +5.2% |
| 1987 | 22.75 billion international-$ in 2011 prices | +4.8% |
| 1988 | 24.02 billion international-$ in 2011 prices | +5.6% |
| 1989 | 25.25 billion international-$ in 2011 prices | +5.1% |
| 1990 | 26.10 billion international-$ in 2011 prices | +3.3% |
| 1991 | 27.59 billion international-$ in 2011 prices | +5.7% |
| 1992 | 28.80 billion international-$ in 2011 prices | +4.4% |
| 1993 | 30.00 billion international-$ in 2011 prices | +4.2% |
| 1994 | 31.25 billion international-$ in 2011 prices | +4.2% |
| 1995 | 32.72 billion international-$ in 2011 prices | +4.7% |
| 1996 | 34.38 billion international-$ in 2011 prices | +5.1% |
| 1997 | 36.22 billion international-$ in 2011 prices | +5.3% |
| 1998 | 38.09 billion international-$ in 2011 prices | +5.2% |
| 1999 | 39.94 billion international-$ in 2011 prices | +4.9% |
| 2000 | 41.57 billion international-$ in 2011 prices | +4.1% |
| 2001 | 43.46 billion international-$ in 2011 prices | +4.6% |
| 2002 | 45.61 billion international-$ in 2011 prices | +4.9% |
| 2003 | 48.18 billion international-$ in 2011 prices | +5.6% |
| 2004 | 51.02 billion international-$ in 2011 prices | +5.9% |
| 2005 | 54.18 billion international-$ in 2011 prices | +6.2% |
| 2006 | 57.74 billion international-$ in 2011 prices | +6.6% |
| 2007 | 60.41 billion international-$ in 2011 prices | +4.6% |
| 2008 | 66.16 billion international-$ in 2011 prices | +9.5% |
| 2009 | 69.56 billion international-$ in 2011 prices | +5.2% |
| 2010 | 75.30 billion international-$ in 2011 prices | +8.2% |
| 2011 | 86.16 billion international-$ in 2011 prices | +14.4% |
| 2012 | 93.42 billion international-$ in 2011 prices | +8.4% |
| 2013 | 100.19 billion international-$ in 2011 prices | +7.2% |
| 2014 | 103.05 billion international-$ in 2011 prices | +2.9% |
| 2015 | 105.23 billion international-$ in 2011 prices | +2.1% |
| 2016 | 108.78 billion international-$ in 2011 prices | +3.4% |
| 2017 | 117.63 billion international-$ in 2011 prices | +8.1% |
| 2018 | 124.92 billion international-$ in 2011 prices | +6.2% |
| 2019 | 133.05 billion international-$ in 2011 prices | +6.5% |
| 2020 | 133.73 billion international-$ in 2011 prices | +0.5% |
| 2021 | 140.90 billion international-$ in 2011 prices | +5.4% |
| 2022 | 145.43 billion international-$ in 2011 prices | +3.2% |
Ghana compared with similar countries
- Ghana's 145.43 billion international-$ in 2011 prices is above the median for lower middle income countries, which is 54.95 billion international-$ in 2011 prices, 2.6× the median. (41 countries reporting)
- Ghana's 145.43 billion international-$ in 2011 prices is above the median for Sub-Saharan Africa, which is 26.73 billion international-$ in 2011 prices, 5.4× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 11.54 billion international-$ in 2011 prices | 9.47 billion international-$ in 2011 prices | 14.24 billion international-$ in 2011 prices | 10 |
| 1960s | 17.35 billion international-$ in 2011 prices | 15.29 billion international-$ in 2011 prices | 19.03 billion international-$ in 2011 prices | 10 |
| 1970s | 20.87 billion international-$ in 2011 prices | 19.41 billion international-$ in 2011 prices | 22.97 billion international-$ in 2011 prices | 10 |
| 1980s | 21.17 billion international-$ in 2011 prices | 18.07 billion international-$ in 2011 prices | 25.25 billion international-$ in 2011 prices | 10 |
| 1990s | 32.51 billion international-$ in 2011 prices | 26.10 billion international-$ in 2011 prices | 39.94 billion international-$ in 2011 prices | 10 |
| 2000s | 53.79 billion international-$ in 2011 prices | 41.57 billion international-$ in 2011 prices | 69.56 billion international-$ in 2011 prices | 10 |
| 2010s | 104.77 billion international-$ in 2011 prices | 75.30 billion international-$ in 2011 prices | 133.05 billion international-$ in 2011 prices | 10 |
| 2020s | 140.02 billion international-$ in 2011 prices | 133.73 billion international-$ in 2011 prices | 145.43 billion international-$ in 2011 prices | 3 |
Countries ranked near Ghana
- 74 Slovakia 150.36 billion international-$ in 2011 prices compare
- 75 Venezuela 149.68 billion international-$ in 2011 prices compare
- 76 Guatemala 146.22 billion international-$ in 2011 prices compare
- 78 Bulgaria 138.39 billion international-$ in 2011 prices compare
- 79 Tunisia 129.46 billion international-$ in 2011 prices compare
- 80 Cote d'Ivoire 121.47 billion international-$ in 2011 prices 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$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Ghana?
- Gross domestic product (gdp) in Ghana was 145.43 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Ghana?
- The highest recorded value was 145.43 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Ghana?
- The lowest recorded value was 9.47 billion international-$ in 2011 prices in 1950.
- How does Ghana rank for gross domestic product (gdp)?
- Ghana ranks 77th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Ghana?
- Over the last ten years it is up 55.7%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 73 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.