Gross domestic income in Ghana
Ghana: Gross domestic income was 199.53 billion constant LCU in 2024. ▲ Rising
Gross domestic income in Ghana, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Ghana recorded 199.53 billion constant LCU for gross domestic income in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 7.7% on the previous year and up 57.7% over ten years.
Over the whole period, gross domestic income in Ghana peaked at 199.53 billion constant LCU in 2024 and was at its lowest, 72.23 billion constant LCU, in 2006.
That places Ghana 115th out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Gross domestic income in Ghana, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2006 | 72.23 billion constant LCU | — |
| 2007 | 75.37 billion constant LCU | +4.3% |
| 2008 | 82.26 billion constant LCU | +9.1% |
| 2009 | 86.25 billion constant LCU | +4.8% |
| 2010 | 91.99 billion constant LCU | +6.7% |
| 2011 | 106.13 billion constant LCU | +15.4% |
| 2012 | 116.00 billion constant LCU | +9.3% |
| 2013 | 124.48 billion constant LCU | +7.3% |
| 2014 | 126.50 billion constant LCU | +1.6% |
| 2015 | 126.04 billion constant LCU | -0.4% |
| 2016 | 131.35 billion constant LCU | +4.2% |
| 2017 | 139.11 billion constant LCU | +5.9% |
| 2018 | 149.12 billion constant LCU | +7.2% |
| 2019 | 158.86 billion constant LCU | +6.5% |
| 2020 | 160.06 billion constant LCU | +0.8% |
| 2021 | 172.65 billion constant LCU | +7.9% |
| 2022 | 182.79 billion constant LCU | +5.9% |
| 2023 | 185.20 billion constant LCU | +1.3% |
| 2024 | 199.53 billion constant LCU | +7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 79.03 billion constant LCU | 72.23 billion constant LCU | 86.25 billion constant LCU | 4 |
| 2010s | 126.96 billion constant LCU | 91.99 billion constant LCU | 158.86 billion constant LCU | 10 |
| 2020s | 180.04 billion constant LCU | 160.06 billion constant LCU | 199.53 billion constant LCU | 5 |
Countries ranked near Ghana
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)
- Services, value added (current US$), annual growth rate 34.7 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4287 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,396 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 19.1 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 5.38 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 17,535 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 8.12 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.293 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic income in Ghana?
- Gross domestic income in Ghana was 199.53 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Ghana?
- The highest recorded value was 199.53 billion constant LCU in 2024.
- What is the lowest gross domestic income recorded in Ghana?
- The lowest recorded value was 72.23 billion constant LCU in 2006.
- How does Ghana rank for gross domestic income?
- Ghana ranks 115th out of 178 countries with data for 2024.
- Is gross domestic income rising or falling in Ghana?
- Over the last ten years it is up 57.7%. The long-run trend across the full record is rising.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic income (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.