Gross Domestic Product — Value Standard Local Currency, 2015 prices in Ghana
Ghana: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 276,805 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Ghana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Ghana recorded 276,805 million SLC for gross domestic product — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 5.7% on the previous year and up 54.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Ghana peaked at 276,805 million SLC in 2024 and was at its lowest, 33,821 million SLC, in 1983.
That places Ghana 126th out of 223 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in Ghana, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 37,022 million SLC | — |
| 1971 | 39,095 million SLC | +5.6% |
| 1972 | 38,114 million SLC | -2.5% |
| 1973 | 40,227 million SLC | +5.5% |
| 1974 | 42,984 million SLC | +6.9% |
| 1975 | 37,640 million SLC | -12.4% |
| 1976 | 36,312 million SLC | -3.5% |
| 1977 | 37,137 million SLC | +2.3% |
| 1978 | 40,285 million SLC | +8.5% |
| 1979 | 39,273 million SLC | -2.5% |
| 1980 | 39,454 million SLC | +0.5% |
| 1981 | 38,075 million SLC | -3.5% |
| 1982 | 35,440 million SLC | -6.9% |
| 1983 | 33,821 million SLC | -4.6% |
| 1984 | 36,746 million SLC | +8.6% |
| 1985 | 38,613 million SLC | +5.1% |
| 1986 | 40,626 million SLC | +5.2% |
| 1987 | 42,574 million SLC | +4.8% |
| 1988 | 44,970 million SLC | +5.6% |
| 1989 | 47,257 million SLC | +5.1% |
| 1990 | 48,830 million SLC | +3.3% |
| 1991 | 51,409 million SLC | +5.3% |
| 1992 | 53,403 million SLC | +3.9% |
| 1993 | 55,993 million SLC | +4.8% |
| 1994 | 57,824 million SLC | +3.3% |
| 1995 | 60,150 million SLC | +4.0% |
| 1996 | 62,915 million SLC | +4.6% |
| 1997 | 65,556 million SLC | +4.2% |
| 1998 | 68,633 million SLC | +4.7% |
| 1999 | 71,673 million SLC | +4.4% |
| 2000 | 74,687 million SLC | +4.2% |
| 2001 | 78,077 million SLC | +4.5% |
| 2002 | 81,820 million SLC | +4.8% |
| 2003 | 86,094 million SLC | +5.2% |
| 2004 | 90,703 million SLC | +5.4% |
| 2005 | 96,323 million SLC | +6.2% |
| 2006 | 100,707 million SLC | +4.6% |
| 2007 | 105,085 million SLC | +4.3% |
| 2008 | 114,700 million SLC | +9.1% |
| 2009 | 120,256 million SLC | +4.8% |
| 2010 | 129,756 million SLC | +7.9% |
| 2011 | 147,983 million SLC | +14.0% |
| 2012 | 161,735 million SLC | +9.3% |
| 2013 | 174,724 million SLC | +8.0% |
| 2014 | 179,714 million SLC | +2.9% |
| 2015 | 183,526 million SLC | +2.1% |
| 2016 | 189,717 million SLC | +3.4% |
| 2017 | 205,139 million SLC | +8.1% |
| 2018 | 217,857 million SLC | +6.2% |
| 2019 | 232,035 million SLC | +6.5% |
| 2020 | 233,228 million SLC | +0.5% |
| 2021 | 245,067 million SLC | +5.1% |
| 2022 | 254,423 million SLC | +3.8% |
| 2023 | 261,915 million SLC | +2.9% |
| 2024 | 276,805 million SLC | +5.7% |
Ghana compared with similar countries
- Ghana's 276,805 million SLC is below the median for lower middle income countries, which is 669,552 million SLC, 41% of the median. (44 countries reporting)
- Ghana's 276,805 million SLC is below the median for Sub-Saharan Africa, which is 4.65 million million SLC, 6% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38,809 million SLC | 36,312 million SLC | 42,984 million SLC | 10 |
| 1980s | 39,757 million SLC | 33,821 million SLC | 47,257 million SLC | 10 |
| 1990s | 59,639 million SLC | 48,830 million SLC | 71,673 million SLC | 10 |
| 2000s | 94,845 million SLC | 74,687 million SLC | 120,256 million SLC | 10 |
| 2010s | 182,219 million SLC | 129,756 million SLC | 232,035 million SLC | 10 |
| 2020s | 254,288 million SLC | 233,228 million SLC | 276,805 million SLC | 5 |
Countries ranked near Ghana
- 123 China, Macao SAR 351,511 million SLC compare
- 124 New Zealand 318,506 million SLC compare
- 125 Mauritania 279,655 million SLC compare
- 127 Bolivia (Plurinational State of) 276,730 million SLC compare
- 128 Zambia 244,416 million SLC compare
- 129 Cabo Verde 236,135 million SLC compare
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)
- SDRs holdings, US dollar, annual growth rate 457.43 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.374 units per person (2025)
- SDRs holdings, SDR, annual growth rate 430.83 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2731 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Ghana?
- Gross domestic product — value standard local currency, 2015 prices in Ghana was 276,805 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Ghana?
- The highest recorded value was 276,805 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Ghana?
- The lowest recorded value was 33,821 million SLC in 1983.
- How does Ghana rank for gross domestic product — value standard local currency, 2015 prices?
- Ghana ranks 126th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Ghana?
- Over the last ten years it is up 54.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).