Gross savings in Ghana
Ghana: Gross savings was 146.54 billion current LCU in 2024. ◆ Volatile
Gross savings in Ghana, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Ghana recorded 146.54 billion current LCU for gross savings in 2024. That is the highest value across all 50 years on record.
The figure is up 78.9% on the previous year and up 406.3% over ten years.
Over the whole period, gross savings in Ghana peaked at 146.54 billion current LCU in 2024 and was at its lowest, 57,221 current LCU, in 1976.
Ghana ranks 99th of 177 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 121,632 current LCU | 57,221 current LCU | 232,983 current LCU | 5 |
| 1980s | 4.24 million current LCU | 270,998 current LCU | 16.16 million current LCU | 10 |
| 1990s | 121.08 million current LCU | 19.43 million current LCU | 311.88 million current LCU | 10 |
| 2000s | 1.75 billion current LCU | 414.51 million current LCU | 4.04 billion current LCU | 10 |
| 2010s | 30.22 billion current LCU | 2.24 billion current LCU | 62.71 billion current LCU | 10 |
| 2020s | 86.33 billion current LCU | 59.49 billion current LCU | 146.54 billion current LCU | 5 |
Countries ranked near Ghana
More economy & growth data for Ghana
- External balance on goods and services as a percent of GDP 1.1% (2024)
- Inflation of consumer prices 14.2% (2025)
- GDP per capita 2,261 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.1% (2025)
- Gross domestic product (GDP) 79.27 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,261 constant 2015 US$ (2025)
- DEC alternative conversion factor 12.56 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.07 billion current LCU (2017)
- Net secondary income (Net current transfers from abroad) 2.77 billion current US$ (2017)
- Taxes less subsidies on products 94.62 billion current LCU (2025)
Frequently asked questions
- What is gross savings in Ghana?
- Gross savings in Ghana was 146.54 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Ghana?
- The highest recorded value was 146.54 billion current LCU in 2024.
- What is the lowest gross savings recorded in Ghana?
- The lowest recorded value was 57,221 current LCU in 1976.
- How does Ghana rank for gross savings?
- Ghana ranks 99th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Ghana?
- Over the last ten years it is up 406.3%. 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 Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.