Gross domestic savings in Ghana
Ghana: Gross domestic savings was 10.18 billion current US$ in 2024. ◆ Volatile
Latest (2024)
10.18 billion current US$
Change on year
up 36.3%
World rank
94th
of 187 countries
All-time high
13.90 billion current US$
in 2018
All-time low
-849.88 million current US$
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 US$.
Analysis
The most recent figure for gross domestic savings in Ghana is 10.18 billion current US$, measured in 2024.
That represents a change of up 36.3% on the previous year and down 5.9% over ten years.
Over the whole period, gross domestic savings in Ghana peaked at 13.90 billion current US$ in 2018 and was at its lowest, -849.88 million current US$, in 2008.
That places Ghana 94th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Ghana, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 208.71 million current US$ | — |
| 1961 | 127.47 million current US$ | -38.9% |
| 1962 | 177.89 million current US$ | +39.6% |
| 1963 | 191.90 million current US$ | +7.9% |
| 1964 | 268.94 million current US$ | +40.1% |
| 1965 | 169.49 million current US$ | -37.0% |
| 1966 | 166.69 million current US$ | -1.7% |
| 1967 | 135.92 million current US$ | -18.5% |
| 1968 | 177.48 million current US$ | +30.6% |
| 1969 | 219.64 million current US$ | +23.8% |
| 1970 | 283.38 million current US$ | +29.0% |
| 1971 | 233.01 million current US$ | -17.8% |
| 1972 | 265.63 million current US$ | +14.0% |
| 1973 | 423.40 million current US$ | +59.4% |
| 1974 | 277.02 million current US$ | -34.6% |
| 1975 | 383.51 million current US$ | +38.4% |
| 1976 | 236.02 million current US$ | -38.5% |
| 1977 | 319.14 million current US$ | +35.2% |
| 1978 | 148.17 million current US$ | -53.6% |
| 1979 | 265.67 million current US$ | +79.3% |
| 1980 | 219.40 million current US$ | -17.4% |
| 1981 | 169.13 million current US$ | -22.9% |
| 1982 | 150.70 million current US$ | -10.9% |
| 1983 | 134.57 million current US$ | -10.7% |
| 1984 | 183.12 million current US$ | +36.1% |
| 1985 | 298.86 million current US$ | +63.2% |
| 1986 | 332.81 million current US$ | +11.4% |
| 1987 | 198.48 million current US$ | -40.4% |
| 1988 | 281.58 million current US$ | +41.9% |
| 1989 | 294.55 million current US$ | +4.6% |
| 1990 | 322.23 million current US$ | +9.4% |
| 1991 | 483.20 million current US$ | +50.0% |
| 1992 | 80.73 million current US$ | -83.3% |
| 1993 | 361.05 million current US$ | +347.2% |
| 1994 | 678.28 million current US$ | +87.9% |
| 1995 | 749.30 million current US$ | +10.5% |
| 1996 | 916.50 million current US$ | +22.3% |
| 1997 | 291.16 million current US$ | -68.2% |
| 1998 | 767.10 million current US$ | +163.5% |
| 1999 | 266.44 million current US$ | -65.3% |
| 2000 | 276.78 million current US$ | +3.9% |
| 2001 | 373.08 million current US$ | +34.8% |
| 2002 | 458.97 million current US$ | +23.0% |
| 2003 | 534.89 million current US$ | +16.5% |
| 2004 | 649.57 million current US$ | +21.4% |
| 2005 | 400.67 million current US$ | -38.3% |
| 2006 | 1.96 billion current US$ | +389.3% |
| 2007 | -228.31 million current US$ | -111.6% |
| 2008 | -849.88 million current US$ | +272.2% |
| 2009 | 891.09 million current US$ | -204.8% |
| 2010 | -219.97 million current US$ | -124.7% |
| 2011 | 152.53 million current US$ | -169.3% |
| 2012 | 1.86 billion current US$ | +1122.5% |
| 2013 | 9.36 billion current US$ | +402.0% |
| 2014 | 10.82 billion current US$ | +15.6% |
| 2015 | 9.32 billion current US$ | -13.9% |
| 2016 | 11.21 billion current US$ | +20.3% |
| 2017 | 10.13 billion current US$ | -9.7% |
| 2018 | 13.90 billion current US$ | +37.2% |
| 2019 | 11.43 billion current US$ | -17.7% |
| 2020 | 10.29 billion current US$ | -10.0% |
| 2021 | 11.48 billion current US$ | +11.6% |
| 2022 | 11.55 billion current US$ | +0.6% |
| 2023 | 7.47 billion current US$ | -35.3% |
| 2024 | 10.18 billion current US$ | +36.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 184.41 million current US$ | 127.47 million current US$ | 268.94 million current US$ | 10 |
| 1970s | 283.49 million current US$ | 148.17 million current US$ | 423.40 million current US$ | 10 |
| 1980s | 226.32 million current US$ | 134.57 million current US$ | 332.81 million current US$ | 10 |
| 1990s | 491.60 million current US$ | 80.73 million current US$ | 916.50 million current US$ | 10 |
| 2000s | 446.72 million current US$ | -849.88 million current US$ | 1.96 billion current US$ | 10 |
| 2010s | 7.80 billion current US$ | -219.97 million current US$ | 13.90 billion current US$ | 10 |
| 2020s | 10.19 billion current US$ | 7.47 billion current US$ | 11.55 billion current US$ | 5 |
Countries ranked near Ghana
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 domestic savings (current US$), annual growth rate 36.32 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1222 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 295.68 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 75.65 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 1.74 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 4,199 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 18.54 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8078 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Ghana?
- Gross domestic savings in Ghana was 10.18 billion current US$ 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 13.90 billion current US$ in 2018.
- What is the lowest gross domestic savings recorded in Ghana?
- The lowest recorded value was -849.88 million current US$ 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 down 5.9%. 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 US$). 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 indicator is expressed in United States dollars.