Gross Domestic Product — Value US$, 2015 prices in Ghana
Ghana: Gross Domestic Product — Value US$, 2015 prices was 74,517 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Ghana, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Ghana is 74,517 million USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 54.0% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Ghana peaked at 74,517 million USD in 2024 and was at its lowest, 9,105 million USD, in 1983.
That places Ghana 75th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Ghana, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 9,966 million USD | — |
| 1971 | 10,524 million USD | +5.6% |
| 1972 | 10,260 million USD | -2.5% |
| 1973 | 10,829 million USD | +5.5% |
| 1974 | 11,572 million USD | +6.9% |
| 1975 | 10,133 million USD | -12.4% |
| 1976 | 9,775 million USD | -3.5% |
| 1977 | 9,998 million USD | +2.3% |
| 1978 | 10,845 million USD | +8.5% |
| 1979 | 10,572 million USD | -2.5% |
| 1980 | 10,621 million USD | +0.5% |
| 1981 | 10,250 million USD | -3.5% |
| 1982 | 9,540 million USD | -6.9% |
| 1983 | 9,105 million USD | -4.6% |
| 1984 | 9,892 million USD | +8.6% |
| 1985 | 10,395 million USD | +5.1% |
| 1986 | 10,937 million USD | +5.2% |
| 1987 | 11,461 million USD | +4.8% |
| 1988 | 12,106 million USD | +5.6% |
| 1989 | 12,722 million USD | +5.1% |
| 1990 | 13,145 million USD | +3.3% |
| 1991 | 13,840 million USD | +5.3% |
| 1992 | 14,376 million USD | +3.9% |
| 1993 | 15,074 million USD | +4.9% |
| 1994 | 15,566 million USD | +3.3% |
| 1995 | 16,193 million USD | +4.0% |
| 1996 | 16,937 million USD | +4.6% |
| 1997 | 17,648 million USD | +4.2% |
| 1998 | 18,476 million USD | +4.7% |
| 1999 | 19,295 million USD | +4.4% |
| 2000 | 20,106 million USD | +4.2% |
| 2001 | 21,019 million USD | +4.5% |
| 2002 | 22,026 million USD | +4.8% |
| 2003 | 23,177 million USD | +5.2% |
| 2004 | 24,418 million USD | +5.4% |
| 2005 | 25,931 million USD | +6.2% |
| 2006 | 27,111 million USD | +4.6% |
| 2007 | 28,289 million USD | +4.3% |
| 2008 | 30,878 million USD | +9.1% |
| 2009 | 32,374 million USD | +4.8% |
| 2010 | 34,931 million USD | +7.9% |
| 2011 | 39,838 million USD | +14.0% |
| 2012 | 43,540 million USD | +9.3% |
| 2013 | 47,036 million USD | +8.0% |
| 2014 | 48,380 million USD | +2.9% |
| 2015 | 49,406 million USD | +2.1% |
| 2016 | 51,073 million USD | +3.4% |
| 2017 | 55,224 million USD | +8.1% |
| 2018 | 58,648 million USD | +6.2% |
| 2019 | 62,465 million USD | +6.5% |
| 2020 | 62,786 million USD | +0.5% |
| 2021 | 65,973 million USD | +5.1% |
| 2022 | 68,492 million USD | +3.8% |
| 2023 | 70,509 million USD | +2.9% |
| 2024 | 74,517 million USD | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,448 million USD | 9,775 million USD | 11,572 million USD | 10 |
| 1980s | 10,703 million USD | 9,105 million USD | 12,722 million USD | 10 |
| 1990s | 16,055 million USD | 13,145 million USD | 19,295 million USD | 10 |
| 2000s | 25,533 million USD | 20,106 million USD | 32,374 million USD | 10 |
| 2010s | 49,054 million USD | 34,931 million USD | 62,465 million USD | 10 |
| 2020s | 68,455 million USD | 62,786 million USD | 74,517 million USD | 5 |
Countries ranked near Ghana
- 72 Myanmar 78,172 million USD compare
- 73 Panama 77,614 million USD compare
- 74 Costa Rica 76,264 million USD compare
- 76 Luxembourg 71,601 million USD compare
- 77 Croatia 68,032 million USD compare
- 78 Sudan (former) 67,769 million USD 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 37.1 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.934 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 3,042 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 21.22 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 11.73 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 38,201 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6389 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Ghana?
- Gross domestic product — value us$, 2015 prices in Ghana was 74,517 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Ghana?
- The highest recorded value was 74,517 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Ghana?
- The lowest recorded value was 9,105 million USD in 1983.
- How does Ghana rank for gross domestic product — value us$, 2015 prices?
- Ghana ranks 75th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).