Gross domestic product (GDP) in Ghana
Ghana: Gross domestic product (GDP) was 214.89 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Ghana, 1955–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Ghana stood at 214.89 billion international-$ in 2021 prices. That is the highest value across all 69 years on record.
That represents a change of up 3.8% on the previous year and up 30.9% over ten years.
Over the whole period, gross domestic product (gdp) in Ghana peaked at 214.89 billion international-$ in 2021 prices in 2023 and was at its lowest, 25.60 billion international-$ in 2021 prices, in 1955.
Ghana ranks 74th of 184 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 27.27 billion international-$ in 2021 prices | 25.60 billion international-$ in 2021 prices | 31.47 billion international-$ in 2021 prices | 5 |
| 1960s | 36.85 billion international-$ in 2021 prices | 33.48 billion international-$ in 2021 prices | 39.73 billion international-$ in 2021 prices | 10 |
| 1970s | 43.76 billion international-$ in 2021 prices | 38.76 billion international-$ in 2021 prices | 49.17 billion international-$ in 2021 prices | 10 |
| 1980s | 40.66 billion international-$ in 2021 prices | 34.50 billion international-$ in 2021 prices | 46.21 billion international-$ in 2021 prices | 10 |
| 1990s | 53.84 billion international-$ in 2021 prices | 47.83 billion international-$ in 2021 prices | 62.26 billion international-$ in 2021 prices | 10 |
| 2000s | 84.60 billion international-$ in 2021 prices | 68.61 billion international-$ in 2021 prices | 112.12 billion international-$ in 2021 prices | 10 |
| 2010s | 162.19 billion international-$ in 2021 prices | 119.66 billion international-$ in 2021 prices | 192.34 billion international-$ in 2021 prices | 10 |
| 2020s | 203.46 billion international-$ in 2021 prices | 192.30 billion international-$ in 2021 prices | 214.89 billion international-$ in 2021 prices | 4 |
Countries ranked near Ghana
- 71 Angola 227.17 billion international-$ in 2021 prices compare
- 72 Guatemala 221.29 billion international-$ in 2021 prices compare
- 73 Oman 220.51 billion international-$ in 2021 prices compare
- 75 Azerbaijan 210.94 billion international-$ in 2021 prices compare
- 76 Bulgaria 191.77 billion international-$ in 2021 prices compare
- 77 Cote d'Ivoire 187.80 billion international-$ in 2021 prices compare
More economy & growth data for Ghana
- External balance on goods and services as a percent of GDP 1.1% (2024)
- Inflation of consumer prices 14.2% (2025)
- GDP per capita 2,261 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.1% (2025)
- Gross domestic product (GDP) 79.27 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,261 constant 2015 US$ (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 gross domestic product (gdp) in Ghana?
- Gross domestic product (gdp) in Ghana was 214.89 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Ghana?
- The highest recorded value was 214.89 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Ghana?
- The lowest recorded value was 25.60 billion international-$ in 2021 prices in 1955.
- How does Ghana rank for gross domestic product (gdp)?
- Ghana ranks 74th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Ghana?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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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.