Gross domestic product (GDP), Constant prices, Domestic currency in Ghana
Ghana: Gross domestic product (GDP), Constant prices, Domestic currency was 280.07 billion in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Domestic currency in Ghana, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, domestic currency in Ghana is 280.07 billion, measured in 2031. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 60.4% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, domestic currency in Ghana peaked at 280.07 billion in 2031 and was at its lowest, 22.67 billion, in 1983.
Ghana ranks 19th of 26 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), Constant prices, Domestic currency in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 27.39 billion | — |
| 1981 | 26.36 billion | -3.8% |
| 1982 | 24.17 billion | -8.3% |
| 1983 | 22.67 billion | -6.2% |
| 1984 | 24.79 billion | +9.4% |
| 1985 | 26.39 billion | +6.4% |
| 1986 | 28.02 billion | +6.2% |
| 1987 | 29.89 billion | +6.7% |
| 1988 | 31.82 billion | +6.5% |
| 1989 | 33.27 billion | +4.5% |
| 1990 | 34.46 billion | +3.6% |
| 1991 | 36.11 billion | +4.8% |
| 1992 | 37.72 billion | +4.5% |
| 1993 | 39.52 billion | +4.8% |
| 1994 | 40.91 billion | +3.5% |
| 1995 | 42.64 billion | +4.2% |
| 1996 | 44.67 billion | +4.8% |
| 1997 | 47.26 billion | +5.8% |
| 1998 | 49.63 billion | +5.0% |
| 1999 | 51.88 billion | +4.5% |
| 2000 | 53.75 billion | +3.6% |
| 2001 | 55.80 billion | +3.8% |
| 2002 | 58.38 billion | +4.6% |
| 2003 | 61.36 billion | +5.1% |
| 2004 | 64.68 billion | +5.4% |
| 2005 | 68.71 billion | +6.2% |
| 2006 | 72.71 billion | +5.8% |
| 2007 | 75.67 billion | +4.1% |
| 2008 | 82.48 billion | +9.0% |
| 2009 | 87.17 billion | +5.7% |
| 2010 | 93.95 billion | +7.8% |
| 2011 | 107.06 billion | +14.0% |
| 2012 | 116.07 billion | +8.4% |
| 2013 | 124.48 billion | +7.2% |
| 2014 | 128.03 billion | +2.9% |
| 2015 | 130.75 billion | +2.1% |
| 2016 | 135.16 billion | +3.4% |
| 2017 | 146.15 billion | +8.1% |
| 2018 | 155.21 billion | +6.2% |
| 2019 | 165.31 billion | +6.5% |
| 2020 | 166.16 billion | +0.5% |
| 2021 | 174.59 billion | +5.1% |
| 2022 | 181.26 billion | +3.8% |
| 2023 | 186.93 billion | +3.1% |
| 2024 | 197.86 billion | +5.8% |
| 2025 | 209.64 billion | +6.0% |
| 2026 | 219.60 billion | +4.8% |
| 2027 | 230.42 billion | +4.9% |
| 2028 | 241.94 billion | +5.0% |
| 2029 | 254.03 billion | +5.0% |
| 2030 | 266.74 billion | +5.0% |
| 2031 | 280.07 billion | +5.0% |
Ghana compared with similar countries
- Ghana's 280.07 billion is below the median for lower middle income countries, which is 11.60 trillion, 2% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.48 billion | 22.67 billion | 33.27 billion | 10 |
| 1990s | 42.48 billion | 34.46 billion | 51.88 billion | 10 |
| 2000s | 68.07 billion | 53.75 billion | 87.17 billion | 10 |
| 2010s | 130.22 billion | 93.95 billion | 165.31 billion | 10 |
| 2020s | 206.24 billion | 166.16 billion | 254.03 billion | 10 |
| 2030s | 273.40 billion | 266.74 billion | 280.07 billion | 2 |
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)
- 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), constant prices, domestic currency in Ghana?
- Gross domestic product (gdp), constant prices, domestic currency in Ghana was 280.07 billion in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, domestic currency recorded in Ghana?
- The highest recorded value was 280.07 billion in 2031.
- What is the lowest gross domestic product (gdp), constant prices, domestic currency recorded in Ghana?
- The lowest recorded value was 22.67 billion in 1983.
- How does Ghana rank for gross domestic product (gdp), constant prices, domestic currency?
- Ghana ranks 19th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, domestic currency rising or falling in Ghana?
- Over the last ten years it is up 60.4%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.