Gross domestic savings in Ghana
Ghana: Gross domestic savings was 144.56 billion current LCU in 2024. ◆ Volatile
Latest (2024)
144.56 billion current LCU
Change on year
up 75.7%
World rank
94th
of 187 countries
All-time high
144.56 billion current LCU
in 2024
All-time low
-894.30 million current LCU
in 2008
Years of data
65
1960–2024
Gross domestic savings in Ghana, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross domestic savings in Ghana stood at 144.56 billion current LCU. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 75.7% on the previous year and up 360.3% over ten years.
Over the whole period, gross domestic savings in Ghana peaked at 144.56 billion current LCU in 2024 and was at its lowest, -894.30 million current LCU, in 2008.
Ghana ranks 94th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 14,900 current LCU | — |
| 1961 | 9,100 current LCU | -38.9% |
| 1962 | 12,700 current LCU | +39.6% |
| 1963 | 13,700 current LCU | +7.9% |
| 1964 | 19,200 current LCU | +40.1% |
| 1965 | 12,100 current LCU | -37.0% |
| 1966 | 11,900 current LCU | -1.7% |
| 1967 | 11,700 current LCU | -1.7% |
| 1968 | 18,100 current LCU | +54.7% |
| 1969 | 22,400 current LCU | +23.8% |
| 1970 | 28,900 current LCU | +29.0% |
| 1971 | 24,100 current LCU | -16.6% |
| 1972 | 35,400 current LCU | +46.9% |
| 1973 | 49,300 current LCU | +39.3% |
| 1974 | 44,600 current LCU | -9.5% |
| 1975 | 72,100 current LCU | +61.7% |
| 1976 | 55,700 current LCU | -22.7% |
| 1977 | 111,700 current LCU | +100.5% |
| 1978 | 84,900 current LCU | -24.0% |
| 1979 | 186,500 current LCU | +119.7% |
| 1980 | 211,500 current LCU | +13.4% |
| 1981 | 290,900 current LCU | +37.5% |
| 1982 | 322,800 current LCU | +11.0% |
| 1983 | 610,400 current LCU | +89.1% |
| 1984 | 1.12 million current LCU | +84.0% |
| 1985 | 2.28 million current LCU | +102.7% |
| 1986 | 2.97 million current LCU | +30.4% |
| 1987 | 2.92 million current LCU | -1.7% |
| 1988 | 5.69 million current LCU | +95.2% |
| 1989 | 7.95 million current LCU | +39.6% |
| 1990 | 10.51 million current LCU | +32.2% |
| 1991 | 17.76 million current LCU | +69.0% |
| 1992 | 3.53 million current LCU | -80.1% |
| 1993 | 23.42 million current LCU | +564.1% |
| 1994 | 64.82 million current LCU | +176.8% |
| 1995 | 89.85 million current LCU | +38.6% |
| 1996 | 149.89 million current LCU | +66.8% |
| 1997 | 59.63 million current LCU | -60.2% |
| 1998 | 177.33 million current LCU | +197.4% |
| 1999 | 71.04 million current LCU | -59.9% |
| 2000 | 150.82 million current LCU | +112.3% |
| 2001 | 267.24 million current LCU | +77.2% |
| 2002 | 363.69 million current LCU | +36.1% |
| 2003 | 463.62 million current LCU | +27.5% |
| 2004 | 584.29 million current LCU | +26.0% |
| 2005 | 362.69 million current LCU | -37.9% |
| 2006 | 1.79 billion current LCU | +394.6% |
| 2007 | -212.93 million current LCU | -111.9% |
| 2008 | -894.30 million current LCU | +320.0% |
| 2009 | 1.25 billion current LCU | -240.0% |
| 2010 | -314.56 million current LCU | -125.1% |
| 2011 | 231.94 million current LCU | -173.7% |
| 2012 | 3.40 billion current LCU | +1367.1% |
| 2013 | 18.54 billion current LCU | +444.8% |
| 2014 | 31.41 billion current LCU | +69.4% |
| 2015 | 34.60 billion current LCU | +10.2% |
| 2016 | 43.84 billion current LCU | +26.7% |
| 2017 | 44.07 billion current LCU | +0.5% |
| 2018 | 63.76 billion current LCU | +44.7% |
| 2019 | 59.62 billion current LCU | -6.5% |
| 2020 | 57.61 billion current LCU | -3.4% |
| 2021 | 66.66 billion current LCU | +15.7% |
| 2022 | 95.96 billion current LCU | +43.9% |
| 2023 | 82.30 billion current LCU | -14.2% |
| 2024 | 144.56 billion current LCU | +75.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14,580 current LCU | 9,100 current LCU | 22,400 current LCU | 10 |
| 1970s | 69,320 current LCU | 24,100 current LCU | 186,500 current LCU | 10 |
| 1980s | 2.44 million current LCU | 211,500 current LCU | 7.95 million current LCU | 10 |
| 1990s | 66.78 million current LCU | 3.53 million current LCU | 177.33 million current LCU | 10 |
| 2000s | 413.10 million current LCU | -894.30 million current LCU | 1.79 billion current LCU | 10 |
| 2010s | 29.92 billion current LCU | -314.56 million current LCU | 63.76 billion current LCU | 10 |
| 2020s | 89.42 billion current LCU | 57.61 billion current LCU | 144.56 billion current LCU | 5 |
Countries ranked near Ghana
- 91 North Macedonia 187.67 billion current LCU compare
- 92 Guinea-Bissau 186.32 billion current LCU compare
- 93 Belgium 152.34 billion current LCU compare
- 95 Mozambique 141.40 billion current LCU compare
- 96 Mauritania 139.46 billion current LCU compare
- 97 Austria 134.59 billion current LCU 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)
- GDP (current US$), annual growth rate 37.13 % change on previous year (2025)
- GDP (current US$), per capita 3,257 current US$ per person (2025)
- GDP (current LCU), annual growth rate 21.25 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 12.56 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 40,899 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.95 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.694 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,261 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross domestic savings in Ghana?
- Gross domestic savings in Ghana was 144.56 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Ghana?
- The highest recorded value was 144.56 billion current LCU in 2024.
- What is the lowest gross domestic savings recorded in Ghana?
- The lowest recorded value was -894.30 million current LCU in 2008.
- How does Ghana rank for gross domestic savings?
- Ghana ranks 94th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Ghana?
- Over the last ten years it is up 360.3%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.