Gross domestic product (GDP), Price deflator, Index in Ghana
Ghana: Gross domestic product (GDP), Price deflator, Index was 1,063 in 2031. ◆ Volatile
Gross domestic product (GDP), Price deflator, Index in Ghana, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), price deflator, index in Ghana is 1,063, measured in 2031. That is the highest value across all 52 years on record.
The figure is up 7.9% on the previous year and up 302.0% over ten years.
Over the whole period, gross domestic product (gdp), price deflator, index in Ghana peaked at 1,063 in 2031 and was at its lowest, 0.0388, in 1980.
That places Ghana 3rd out of 26 countries with data for 2031, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Price deflator, Index in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0388 | — |
| 1981 | 0.0641 | +65.1% |
| 1982 | 0.0807 | +25.8% |
| 1983 | 0.1921 | +138.1% |
| 1984 | 0.2611 | +35.9% |
| 1985 | 0.3288 | +25.9% |
| 1986 | 0.48 | +46.0% |
| 1987 | 0.6525 | +35.9% |
| 1988 | 0.8621 | +32.1% |
| 1989 | 1.11 | +29.1% |
| 1990 | 1.5 | +35.0% |
| 1991 | 1.81 | +20.5% |
| 1992 | 2.05 | +12.9% |
| 1993 | 2.39 | +16.6% |
| 1994 | 3.14 | +31.6% |
| 1995 | 4.41 | +40.6% |
| 1996 | 6.09 | +38.0% |
| 1997 | 7.38 | +21.2% |
| 1998 | 8.63 | +17.0% |
| 1999 | 9.85 | +14.1% |
| 2000 | 12.52 | +27.1% |
| 2001 | 16.83 | +34.4% |
| 2002 | 20.67 | +22.8% |
| 2003 | 26.54 | +28.4% |
| 2004 | 30.25 | +14.0% |
| 2005 | 34.8 | +15.0% |
| 2006 | 38.97 | +12.0% |
| 2007 | 45.05 | +15.6% |
| 2008 | 52.7 | +17.0% |
| 2009 | 59.91 | +13.7% |
| 2010 | 69.17 | +15.5% |
| 2011 | 76.15 | +10.1% |
| 2012 | 87.66 | +15.1% |
| 2013 | 100 | +14.1% |
| 2014 | 123.94 | +23.9% |
| 2015 | 140.37 | +13.3% |
| 2016 | 162.47 | +15.7% |
| 2017 | 179.82 | +10.7% |
| 2018 | 198.82 | +10.6% |
| 2019 | 215.69 | +8.5% |
| 2020 | 235.89 | +9.4% |
| 2021 | 264.44 | +12.1% |
| 2022 | 338.93 | +28.2% |
| 2023 | 474.92 | +40.1% |
| 2024 | 597.81 | +25.9% |
| 2025 | 684.09 | +14.4% |
| 2026 | 726.85 | +6.3% |
| 2027 | 783.23 | +7.8% |
| 2028 | 845.91 | +8.0% |
| 2029 | 913.8 | +8.0% |
| 2030 | 985.52 | +7.8% |
| 2031 | 1,063 | +7.9% |
Ghana compared with similar countries
- Ghana's 1,063 is above the median for lower middle income countries, which is 365.19, 2.9× the median. (5 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Price deflator, Index in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +138.1% | 0.0807 | 0.1921 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4073 | 0.0388 | 1.11 | 10 |
| 1990s | 4.72 | 1.5 | 9.85 | 10 |
| 2000s | 33.82 | 12.52 | 59.91 | 10 |
| 2010s | 135.41 | 69.17 | 215.69 | 10 |
| 2020s | 586.59 | 235.89 | 913.8 | 10 |
| 2030s | 1,024 | 985.52 | 1,063 | 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), price deflator, index in Ghana?
- Gross domestic product (gdp), price deflator, index in Ghana was 1,063 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), price deflator, index recorded in Ghana?
- The highest recorded value was 1,063 in 2031.
- What is the lowest gross domestic product (gdp), price deflator, index recorded in Ghana?
- The lowest recorded value was 0.0388 in 1980.
- How does Ghana rank for gross domestic product (gdp), price deflator, index?
- Ghana ranks 3rd out of 26 countries with data for 2031.
- Is gross domestic product (gdp), price deflator, index rising or falling in Ghana?
- Over the last ten years it is up 302.0%. 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), Price deflator, Index (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.