Gross domestic product (GDP), Constant prices, Purchasing power in Ghana
Ghana: Gross domestic product (GDP), Constant prices, Purchasing power was 167.44 in 2019. ◆ Volatile
Latest (2019)
167.44
Change on year
up 6.5%
World rank
72nd
of 193 countries
All-time high
167.44
in 2019
All-time low
19.76
in 1960
Years of data
60
1960–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Ghana, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Ghana stood at 167.44. That is the highest value across all 60 years on record.
That represents a change of up 6.5% on the previous year and up 92.1% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Ghana peaked at 167.44 in 2019 and was at its lowest, 19.76, in 1960.
That places Ghana 72nd out of 193 countries with data for 2019, putting it 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, Purchasing power in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 19.76 | — |
| 1961 | 20.46 | +3.6% |
| 1962 | 21.45 | +4.8% |
| 1963 | 22.19 | +3.5% |
| 1964 | 22.67 | +2.1% |
| 1965 | 22.98 | +1.4% |
| 1966 | 23 | +0.1% |
| 1967 | 23.41 | +1.8% |
| 1968 | 23.74 | +1.4% |
| 1969 | 25.14 | +5.9% |
| 1970 | 26.84 | +6.8% |
| 1971 | 28.34 | +5.6% |
| 1972 | 27.63 | -2.5% |
| 1973 | 29.16 | +5.5% |
| 1974 | 31.16 | +6.9% |
| 1975 | 27.29 | -12.4% |
| 1976 | 26.32 | -3.5% |
| 1977 | 26.92 | +2.3% |
| 1978 | 29.2 | +8.5% |
| 1979 | 28.47 | -2.5% |
| 1980 | 28.6 | +0.5% |
| 1981 | 27.6 | -3.5% |
| 1982 | 25.69 | -6.9% |
| 1983 | 24.52 | -4.6% |
| 1984 | 26.64 | +8.6% |
| 1985 | 27.99 | +5.1% |
| 1986 | 29.45 | +5.2% |
| 1987 | 30.86 | +4.8% |
| 1988 | 32.6 | +5.6% |
| 1989 | 34.26 | +5.1% |
| 1990 | 35.4 | +3.3% |
| 1991 | 37.27 | +5.3% |
| 1992 | 38.71 | +3.9% |
| 1993 | 40.59 | +4.8% |
| 1994 | 41.92 | +3.3% |
| 1995 | 43.6 | +4.0% |
| 1996 | 45.61 | +4.6% |
| 1997 | 47.52 | +4.2% |
| 1998 | 49.75 | +4.7% |
| 1999 | 51.96 | +4.4% |
| 2000 | 54.14 | +4.2% |
| 2001 | 56.6 | +4.5% |
| 2002 | 59.31 | +4.8% |
| 2003 | 62.41 | +5.2% |
| 2004 | 65.75 | +5.4% |
| 2005 | 69.82 | +6.2% |
| 2006 | 73 | +4.6% |
| 2007 | 76.18 | +4.3% |
| 2008 | 83.14 | +9.1% |
| 2009 | 87.17 | +4.8% |
| 2010 | 94.06 | +7.9% |
| 2011 | 107.27 | +14.0% |
| 2012 | 117.24 | +9.3% |
| 2013 | 125.81 | +7.3% |
| 2014 | 129.46 | +2.9% |
| 2015 | 132.28 | +2.2% |
| 2016 | 136.84 | +3.4% |
| 2017 | 147.98 | +8.1% |
| 2018 | 157.25 | +6.3% |
| 2019 | 167.44 | +6.5% |
Ghana compared with similar countries
- Ghana's 167.44 is above the median for lower middle income countries, which is 48.19, 3.5× the median. (46 countries reporting)
- Ghana's 167.44 is above the median for Sub-Saharan Africa, which is 30.24, 5.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.48 | 19.76 | 25.14 | 10 |
| 1970s | 28.13 | 26.32 | 31.16 | 10 |
| 1980s | 28.82 | 24.52 | 34.26 | 10 |
| 1990s | 43.23 | 35.4 | 51.96 | 10 |
| 2000s | 68.75 | 54.14 | 87.17 | 10 |
| 2010s | 131.56 | 94.06 | 167.44 | 10 |
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, purchasing power in Ghana?
- Gross domestic product (gdp), constant prices, purchasing power in Ghana was 167.44 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Ghana?
- The highest recorded value was 167.44 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Ghana?
- The lowest recorded value was 19.76 in 1960.
- How does Ghana rank for gross domestic product (gdp), constant prices, purchasing power?
- Ghana ranks 72nd out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Ghana?
- Over the last ten years it is up 92.1%. 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.