Gross domestic savings (current LCU) in Ghana
Ghana: Gross domestic savings (current LCU) 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 188 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 188 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 (current LCU) 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% |
Ghana compared with similar countries
- Ghana's 144.56 billion current LCU is above the median for lower middle income countries, which is 139.46 billion current LCU, 1.0× the median. (45 countries reporting)
- Ghana's 144.56 billion current LCU is below the median for Sub-Saharan Africa, which is 714.47 billion current LCU, 20% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current LCU) 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 |
|---|---|---|---|
| 2012 | +1367.1% | 231.94 million current LCU | 3.40 billion current LCU |
| 1993 | +564.1% | 3.53 million current LCU | 23.42 million current LCU |
| 2013 | +444.8% | 3.40 billion current LCU | 18.54 billion current LCU |
| 2006 | +394.6% | 362.69 million current LCU | 1.79 billion current LCU |
| 2008 | -320.0% | -212.93 million current LCU | -894.30 million current LCU |
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)
- 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 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 188 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.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.