Gross domestic savings (current LCU), annual growth rate in Ghana
Ghana: Gross domestic savings (current LCU), annual growth rate was 75.65 % change on previous year in 2024. ◆ Volatile
Latest (2024)
75.65 % change on previous year
Change on year
up 631.4%
World rank
6th
of 185 countries
All-time high
564.09 % change on previous year
in 1993
All-time low
-320 % change on previous year
in 2008
Years of data
63
1961–2024
Gross domestic savings (current LCU), annual growth rate in Ghana, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Ghana recorded 75.65 % change on previous year for gross domestic savings (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 631.4% on the previous year and up 9.0% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in Ghana peaked at 564.09 % change on previous year in 1993 and was at its lowest, -320 % change on previous year, in 2008.
That places Ghana 6th out of 185 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU), annual growth rate in Ghana, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -38.93 % change on previous year | — |
| 1962 | 39.56 % change on previous year | -201.6% |
| 1963 | 7.87 % change on previous year | -80.1% |
| 1964 | 40.15 % change on previous year | +409.9% |
| 1965 | -36.98 % change on previous year | -192.1% |
| 1966 | -1.65 % change on previous year | -95.5% |
| 1967 | -1.68 % change on previous year | +1.7% |
| 1968 | 54.7 % change on previous year | -3354.7% |
| 1969 | 23.76 % change on previous year | -56.6% |
| 1970 | 29.02 % change on previous year | +22.1% |
| 1971 | -16.61 % change on previous year | -157.2% |
| 1972 | 46.89 % change on previous year | -382.3% |
| 1973 | 39.27 % change on previous year | -16.3% |
| 1974 | -9.53 % change on previous year | -124.3% |
| 1975 | 61.66 % change on previous year | -746.8% |
| 1976 | -22.75 % change on previous year | -136.9% |
| 1977 | 100.54 % change on previous year | -542.0% |
| 1978 | -23.99 % change on previous year | -123.9% |
| 1979 | 119.67 % change on previous year | -598.8% |
| 1980 | 13.4 % change on previous year | -88.8% |
| 1981 | 37.54 % change on previous year | +180.1% |
| 1982 | 10.97 % change on previous year | -70.8% |
| 1983 | 89.1 % change on previous year | +712.5% |
| 1984 | 83.96 % change on previous year | -5.8% |
| 1985 | 102.7 % change on previous year | +22.3% |
| 1986 | 30.37 % change on previous year | -70.4% |
| 1987 | -1.67 % change on previous year | -105.5% |
| 1988 | 95.18 % change on previous year | -5782.9% |
| 1989 | 39.57 % change on previous year | -58.4% |
| 1990 | 32.23 % change on previous year | -18.6% |
| 1991 | 69.02 % change on previous year | +114.2% |
| 1992 | -80.15 % change on previous year | -216.1% |
| 1993 | 564.09 % change on previous year | -803.8% |
| 1994 | 176.76 % change on previous year | -68.7% |
| 1995 | 38.61 % change on previous year | -78.2% |
| 1996 | 66.82 % change on previous year | +73.1% |
| 1997 | -60.22 % change on previous year | -190.1% |
| 1998 | 197.39 % change on previous year | -427.8% |
| 1999 | -59.94 % change on previous year | -130.4% |
| 2000 | 112.3 % change on previous year | -287.4% |
| 2001 | 77.19 % change on previous year | -31.3% |
| 2002 | 36.09 % change on previous year | -53.2% |
| 2003 | 27.48 % change on previous year | -23.9% |
| 2004 | 26.03 % change on previous year | -5.3% |
| 2005 | -37.93 % change on previous year | -245.7% |
| 2006 | 394.63 % change on previous year | -1140.5% |
| 2007 | -111.87 % change on previous year | -128.3% |
| 2008 | -320 % change on previous year | +186.1% |
| 2009 | 239.99 % change on previous year | -175.0% |
| 2010 | -125.13 % change on previous year | -152.1% |
| 2011 | 173.74 % change on previous year | -238.8% |
| 2013 | 444.83 % change on previous year | +156.0% |
| 2014 | 69.4 % change on previous year | -84.4% |
| 2015 | 10.16 % change on previous year | -85.4% |
| 2016 | 26.72 % change on previous year | +163.0% |
| 2017 | 0.5273 % change on previous year | -98.0% |
| 2018 | 44.66 % change on previous year | +8368.5% |
| 2019 | -6.49 % change on previous year | -114.5% |
| 2020 | -3.37 % change on previous year | -48.1% |
| 2021 | 15.71 % change on previous year | -566.4% |
| 2022 | 43.95 % change on previous year | +179.7% |
| 2023 | -14.24 % change on previous year | -132.4% |
| 2024 | 75.65 % change on previous year | -631.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.64 % change on previous year | -38.93 % change on previous year | 54.7 % change on previous year | 9 |
| 1970s | 32.42 % change on previous year | -23.99 % change on previous year | 119.67 % change on previous year | 10 |
| 1980s | 50.11 % change on previous year | -1.67 % change on previous year | 102.7 % change on previous year | 10 |
| 1990s | 94.46 % change on previous year | -80.15 % change on previous year | 564.09 % change on previous year | 10 |
| 2000s | 44.39 % change on previous year | -320 % change on previous year | 394.63 % change on previous year | 10 |
| 2010s | 70.94 % change on previous year | -125.13 % change on previous year | 444.83 % change on previous year | 9 |
| 2020s | 23.54 % change on previous year | -14.24 % change on previous year | 75.65 % change on previous year | 5 |
Countries ranked near Ghana
- 3 Vanuatu 290.86 % change on previous year compare
- 4 Venezuela, Bolivarian Republic of 194.46 % change on previous year compare
- 5 Nicaragua 86.27 % change on previous year compare
- 7 El Salvador 65.76 % change on previous year compare
- 8 Guatemala 65.59 % change on previous year compare
- 9 Lao People's Democratic Republic 64.09 % change on previous year 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)
- Manufacturing, value added (constant LCU), per capita 649.98 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 37.37 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2925 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 952.81 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 21.47 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 3.67 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 11,964 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.3 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings (current lcu), annual growth rate in Ghana?
- Gross domestic savings (current lcu), annual growth rate in Ghana was 75.65 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in Ghana?
- The highest recorded value was 564.09 % change on previous year in 1993.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Ghana?
- The lowest recorded value was -320 % change on previous year in 2008.
- How does Ghana rank for gross domestic savings (current lcu), annual growth rate?
- Ghana ranks 6th out of 185 countries with data for 2024.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in Ghana?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.